4 hours ago
XRP price started a recovery wave from $2.050. The price is now back above $2.25 and might attempt to surpass the $2.420 resistance zone. XRP price was able to start a recovery wave above $2.20. The price is now trading above $2.250 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $2.240 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it clears $2.420. XRP Price Starts Recovery XRP price extended losses below $2.25 and $2.20, like Bitcoin and Ethereum . The price dipped below the $2.150 and $2.120 levels. A low was formed at $2.066, and the price recently started a recovery wave. There was a move above the $2.20 and $2.25 levels. The price climbed above the 50% Fib retracement level of the downward move from the $2.552 swing high to the $2.066 low. Besides, there was a break above a bearish trend line with resistance at $2.240 on the hourly chart of the XRP/USD pair. The price is now trading above $2.250 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $2.40 level. The first major resistance is near the $2.420 level and the 76.4% Fib retracement level of the downward move from the $2.552 swing high to the $2.066 low, above which the price could rise and test $2.480. A clear move above the $2.480 resistance might send the price toward the $2.550 resistance. Any more gains might send the price toward the $2.650 resistance. The next major hurdle for the bulls might be near $2.720. Another Decline? If XRP fails to clear the $2.420 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2.280 level. The next major support is near the $2.250 level. If there is a downside break and a close below the $2.250 level, the price might continue to decline toward $2.20. The next major support sits near the $2.120 zone, below which the price could continue lower toward $2.060. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.280 and $2.250. Major Resistance Levels – $2.40 and $2.420.
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XRP Ripple XRPBTC XRPUSD xrpusdt
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![Against a backdrop of increasing market volatility and uncertainty, optimizing capital costs and maximizing efficiency have become top priorities for professional traders and institutions. HTX, a leading global exchange, is addressing this challenge with a major upgrade to its Collateral Swap (formerly Crypto Loans) product with the introduction of the Swap Voucher feature. This enhancement empowers users to better navigate market fluctuations and minimize capital turnover costs. The Swap Voucher automatically offsets borrowing interest. By intelligently combining users’ Prime Membership privileges with these dynamic discounts, HTX achieves dual optimization of loan costs. This provides users with a more efficient financial instrument and strategic flexibility during turbulent markets. Industry-First Dual Discount Further Cuts Funding Costs The Swap Voucher is an all-new benefit-based tool launched by HTX to directly reduce borrowing costs by offsetting the interest on Collateral Swap orders. Unlike traditional discounts, this voucher is designed to be stacked alongside Prime Membership privileges. The system automatically calculates the optimal combination of available discounts, making borrowing more affordable and fund utilization more stable. The process is simple—just three steps to enjoy your discount: View Vouchers: Visit the [HTX Official Website – Rewards Hub] or [HTX App – My Rewards] to find your available Swap Vouchers in your Coupon section. Apply Discount: When placing a Collateral Swap order, the system automatically displays the applicable vouchers. Simply select one to apply the discount. Confirm Savings: Preview your Estimated Savings in the fee details before submitting your order. After placing the order, you can also view voucher usage in the order details. The system automatically applies the best combination of your Prime Membership discount and Swap Voucher to ensure the lowest possible net interest payment. Three Key Scenarios Where Costs Are Instantly Reduced The Swap Voucher applies to all assets and loan terms, effectively addressing the pain points of professional users. 1. Miners’ Capital Turnover: Facing fluctuations in electricity costs and mining revenue, miners can leverage Collateral Swap for rapid liquidity. By stacking the dual discounts, interest expenses are significantly reduced, enabling miners to extend holding periods and capture greater profits. 2. Market Maker Inventory Management: Market makers often need to adjust positions to maintain trading depth. Using the voucher directly lowers borrowing costs, allowing for more efficient inventory turnover while enhancing quoting competitiveness and overall market liquidity. 3. Quantitative Teams’ Hedging Strategy: For quantitative teams that frequently borrow to execute hedging strategies, the dual discount mechanism makes funding costs more predictable and controllable, significantly enhancing strategy performance and capital efficiency. As a global leader in digital asset trading, HTX remains committed to a user-first, efficiency-driven product philosophy. The introduction of the Swap Voucher marks a major step forward—more than a simple feature upgrade, it redefines the cost and efficiency of crypto borrowing. Looking ahead, HTX will deepen its commitment to product innovation, delivering smarter, scenario-based financial tools that empower users to navigate market volatility, capture alpha opportunities, and unlock the full potential of their capital. To learn more about HTX, please visit https://www.htx.com/ or HTX Square , and follow HTX on X , Telegram , and Discord . The post HTX Launches Swap Voucher to Take Funding Costs Even Lower first appeared on HTX Square .](/image/690c4e7da95cc.jpg)
HTX Launches Swap Voucher to Take Funding Costs Even Lower
Against a backdrop of increasing market volatility and uncertainty, optimizing capital costs and maximizing efficiency have become top priorities for professional traders and institutions. HTX, a leading global exchange, is addressing this challenge with a major upgrade to its Collateral Swap (formerly Crypto Loans) product with the introduction of the Swap Voucher feature. This enhancement empowers users to better navigate market fluctuations and minimize capital turnover costs. The Swap Voucher automatically offsets borrowing interest. By intelligently combining users’ Prime Membership privileges with these dynamic discounts, HTX achieves dual optimization of loan costs. This provides users with a more efficient financial instrument and strategic flexibility during turbulent markets. Industry-First Dual Discount Further Cuts Funding Costs The Swap Voucher is an all-new benefit-based tool launched by HTX to directly reduce borrowing costs by offsetting the interest on Collateral Swap orders. Unlike traditional discounts, this voucher is designed to be stacked alongside Prime Membership privileges. The system automatically calculates the optimal combination of available discounts, making borrowing more affordable and fund utilization more stable. The process is simple—just three steps to enjoy your discount: View Vouchers: Visit the [HTX Official Website – Rewards Hub] or [HTX App – My Rewards] to find your available Swap Vouchers in your Coupon section. Apply Discount: When placing a Collateral Swap order, the system automatically displays the applicable vouchers. Simply select one to apply the discount. Confirm Savings: Preview your Estimated Savings in the fee details before submitting your order. After placing the order, you can also view voucher usage in the order details. The system automatically applies the best combination of your Prime Membership discount and Swap Voucher to ensure the lowest possible net interest payment. Three Key Scenarios Where Costs Are Instantly Reduced The Swap Voucher applies to all assets and loan terms, effectively addressing the pain points of professional users. 1. Miners’ Capital Turnover: Facing fluctuations in electricity costs and mining revenue, miners can leverage Collateral Swap for rapid liquidity. By stacking the dual discounts, interest expenses are significantly reduced, enabling miners to extend holding periods and capture greater profits. 2. Market Maker Inventory Management: Market makers often need to adjust positions to maintain trading depth. Using the voucher directly lowers borrowing costs, allowing for more efficient inventory turnover while enhancing quoting competitiveness and overall market liquidity. 3. Quantitative Teams’ Hedging Strategy: For quantitative teams that frequently borrow to execute hedging strategies, the dual discount mechanism makes funding costs more predictable and controllable, significantly enhancing strategy performance and capital efficiency. As a global leader in digital asset trading, HTX remains committed to a user-first, efficiency-driven product philosophy. The introduction of the Swap Voucher marks a major step forward—more than a simple feature upgrade, it redefines the cost and efficiency of crypto borrowing. Looking ahead, HTX will deepen its commitment to product innovation, delivering smarter, scenario-based financial tools that empower users to navigate market volatility, capture alpha opportunities, and unlock the full potential of their capital. To learn more about HTX, please visit https://www.htx.com/ or HTX Square , and follow HTX on X , Telegram , and Discord . The post HTX Launches Swap Voucher to Take Funding Costs Even Lower first appeared on HTX Square . NewsBTC
