XRP nears $1.46 as $200M Ripple funding boosts institutional interest despite resistance.

XRP briefly rose toward $1.49 but stalled near a resistance zone between $1.47 and $1.50, which has capped rallies since February. Ripple's prime brokerage arm secured a $200 million funding facility, tripling revenue and increasing institutional demand for margin financing. The price is holding near recent highs rather than falling back sharply, suggesting weakening seller control and potential for a larger move if it breaks above resistance. Traders watch $1.47-$1.50 as key resistance and $1.43-$1.45 as support within a broader triangle pattern that may signal a bigger directional shift soon.