XRP Market Cap Stabilizes at $180B 1.414 Fib, Targets $3.60
XRP market cap is holding at $180.34 billion at the 1.414 Fibonacci support level after reaching the 1.618 extension near $204.8B. The price trades above $3.00, supported by $3.59B in 24-hour volume and strong exchange liquidity. This consolidation at the 1.414 fib suggests structured strength and a rebound towards $3.60 is plausible if volume holds. Historical data shows XRP market cap broke through the 1.0 fib baseline of $128.5B during the 2024 rally. Circulating supply stands at 59.48B XRP with a total supply of 99.98B, resulting in a 1.99% volume-to-market-cap ratio, underlining healthy liquidity. Traders should monitor the $3.00 support and Fibonacci extensions for risk-managed entries.
Bullish
The technical rebound from the 1.414 Fibonacci support around $180B, combined with price holding above $3.00 and strong $3.59B 24-hour trading volume, indicates renewed buying interest. The volume-to-market-cap ratio of 1.99% confirms healthy liquidity, making a push toward $3.60 likely. Historically, bounces at key Fibonacci levels have led to sustained rallies in XRP, as seen in prior market cycles. In the short term, traders may buy on dips around $3.00 support, while long-term investors can view the fib-backed structure as a signal of continued upside potential. Overall, these factors support a bullish outlook for XRP.