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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
PEPE Holds $0.00001143 Support After 16% Weekly Surge As Resistance At $0.00001251 Caps Price Range
PEPE surged by 16% in the week and it was trading at $0.00001145 where it was holding steady at $0.00001143.
It increased the cross-pair performance with the token gaining 8.1% against Bitcoin and 6.6% against Ethereum.
The resistance is set at $0.00001251 and the price is still under 24-hour range.
Pepe(PEPE) has recorded a solid momentum this week, with a price decrease of 16% to trade at $0.00001145. The surge put the token into the spotlight since it was put to test on new levels. The seven-day rise was accompanied by an increase in its value in both Bitcoin and Ethereum, which reflects greater strength in the market. PEPE rallied 8.1% against Bitcoin and 6.6 against Ethereum. At the present level, the token stands right above the support at $0.00001143, and the resistance level is at $0.0000125.
Support Level Stability and 24-Hour Range
The short-term structure highlights PEPE’s stability around support. The token is holding slightly above $0.00001143, which now marks the immediate base. This support has limited downside pressure, even as the market consolidates. Over the last 24 hours, the token has been ranging between $0.00001143 and $0.00001251
Price action is, however, confined to the center of this range indicating that the market has a balanced position between buyers and sellers.The recent defense of the support area indicates that market participants are monitoring this level closely.
Notably, PEPE has moved higher against major assets. The token advanced by 8.1% against Bitcoin, bringing its valuation to 0.0109918 BTC. At the same time, it gained 6.6% against Ethereum, now equal to 0.082477 ETH. These weekly increases reflect consistent capital inflows into the token. Additionally, the relative strength against large-cap assets highlights how PEPE is attracting interest even in a mixed environment. Each gain reinforces the token’s progress on multiple trading pairs, broadening its market profile.
Resistance Zone and Market Implications
The near-term focus remains on resistance at $0.00001251. This level has capped upward movement within the 24-hour range. A retest of this resistance appears likely as price activity edges higher. Furthermore, volume trends support continued attempts to move closer to this barrier. If the token maintains support at $0.00001143, the current trajectory could sustain its weekly momentum. Market participants are therefore watching the interaction between support and resistance to gauge the next shift in positioning.