On May 28, 2025, energy company VivoPower announced that it successfully raised $121 million to establish a treasury reserve focused on XRP. This news attracted widespread attention in the market, making VivoPower the first publicly traded company to adopt this strategy. However, despite this significant move capturing the interest of investors, XRP’s market performance did not show significant changes.
Figure:https://www.gate.com/trade/XRP_USDT
According to the latest market data, the current price of XRP is $2.29, having dropped by 1.1% in the past 24 hours and more than 4% over the past week. XRP is currently in a consolidation phase, fluctuating between $2.24 and $2.47. Despite the news from VivoPower bringing some attention to XRP, there has not been a significant increase in XRP’s price.
VivoPower will primarily use the funds raised this time to establish an XRP-focused treasury, which means the company will allocate part of the funds to hold and manage XRP assets. The core objective of this strategy is to support the company’s financial health and growth by holding XRP, potentially leading to greater industry recognition.
VivoPower’s move is seen as an important endorsement by the XRP community, especially with former Ripple board member Adam Traidman joining VivoPower as the chairman of the advisory board. This indicates that VivoPower shares a long-term vision with the XRP community and may provide more support for the future development of XRP.
Currently, the technical aspect of XRP is in a neutral to bearish state. The Relative Strength Index (RSI) is at 46, indicating that market sentiment is neutral, lacking clear buy or sell signals. Meanwhile, the Moving Average Convergence Divergence (MACD) for XRP also shows slight bearish signals.
For XRP investors, the current market trend is unclear, and it may remain within the current price range in the short term. In the long run, XRP is still above strong technical support levels, and if it breaks through the resistance level of $2.40, it may welcome the opportunity for an upward movement.
Although VivoPower’s funding injection may provide some support for XRP, the future of XRP still faces multiple challenges. First, the technical indicators of the XRP market and investor sentiment have not shown strong upward momentum. Second, whether XRP can break through the resistance level of $2.40 will directly affect its short-term trend.
If XRP can successfully break through and maintain a higher price level, it may target $2.60 or even higher. Conversely, if market sentiment deteriorates, XRP may retreat to around $2.10.
Although VivoPower’s strategic fundraising has provided some support for XRP, the current market data shows that XRP’s price has not significantly fluctuated. For investors, the future trend of XRP still needs to focus on key price support and resistance areas, especially the resistance level of $2.40. If XRP can break through this level, it may usher in new upward momentum.
On May 28, 2025, energy company VivoPower announced that it successfully raised $121 million to establish a treasury reserve focused on XRP. This news attracted widespread attention in the market, making VivoPower the first publicly traded company to adopt this strategy. However, despite this significant move capturing the interest of investors, XRP’s market performance did not show significant changes.
Figure:https://www.gate.com/trade/XRP_USDT
According to the latest market data, the current price of XRP is $2.29, having dropped by 1.1% in the past 24 hours and more than 4% over the past week. XRP is currently in a consolidation phase, fluctuating between $2.24 and $2.47. Despite the news from VivoPower bringing some attention to XRP, there has not been a significant increase in XRP’s price.
VivoPower will primarily use the funds raised this time to establish an XRP-focused treasury, which means the company will allocate part of the funds to hold and manage XRP assets. The core objective of this strategy is to support the company’s financial health and growth by holding XRP, potentially leading to greater industry recognition.
VivoPower’s move is seen as an important endorsement by the XRP community, especially with former Ripple board member Adam Traidman joining VivoPower as the chairman of the advisory board. This indicates that VivoPower shares a long-term vision with the XRP community and may provide more support for the future development of XRP.
Currently, the technical aspect of XRP is in a neutral to bearish state. The Relative Strength Index (RSI) is at 46, indicating that market sentiment is neutral, lacking clear buy or sell signals. Meanwhile, the Moving Average Convergence Divergence (MACD) for XRP also shows slight bearish signals.
For XRP investors, the current market trend is unclear, and it may remain within the current price range in the short term. In the long run, XRP is still above strong technical support levels, and if it breaks through the resistance level of $2.40, it may welcome the opportunity for an upward movement.
Although VivoPower’s funding injection may provide some support for XRP, the future of XRP still faces multiple challenges. First, the technical indicators of the XRP market and investor sentiment have not shown strong upward momentum. Second, whether XRP can break through the resistance level of $2.40 will directly affect its short-term trend.
If XRP can successfully break through and maintain a higher price level, it may target $2.60 or even higher. Conversely, if market sentiment deteriorates, XRP may retreat to around $2.10.
Although VivoPower’s strategic fundraising has provided some support for XRP, the current market data shows that XRP’s price has not significantly fluctuated. For investors, the future trend of XRP still needs to focus on key price support and resistance areas, especially the resistance level of $2.40. If XRP can break through this level, it may usher in new upward momentum.