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Tag: xrp

  • Ripple CTO Drops Bombshell: XRP At The Core Of Trillions In Banking Future

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    According to the Ripple chief technology officer, a number of banks have started to adopt XRP for payments and one planned bank tied to Ripple will run entirely on the XRP Ledger.

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    That claim comes as Ripple seeks a New York banking charter, a Federal Reserve master account, and says it will conform with ISO 20022 messaging standards used by major banks.

    Reports have disclosed that these steps aim to make the token useful for large-scale settlement work.

    Banks Begin Real-World Use

    DBS and Franklin Templeton signed a memorandum of understanding this week to work on tokenized trading and lending products, reports disclosed. Franklin Templeton’s sgBENJI, a US dollar money market fund token, is launching on DBS Digital Exchange.

    Ripple’s RLUSD stablecoin is being used to support trading activity and is reported to be valued at nearly $730 million. DBS is also exploring the acceptance of sgBENJI as repo collateral, which would add liquidity for tokenized assets. Lim Wee Kian of DBS said the move is a step toward offering institutional-grade digital asset services.

    Stablecoins, Custody, And Switching Between Assets

    According to Nigel Khakoo of Ripple, the system makes it easier to move between stablecoins and yield-generating tokens within a single setup. Franklin Templeton said it selected the XRP Ledger for cost and speed reasons, and for its role in scaling tokenized securities.

    Reports also name BNY Mellon as the custodian for reserves backing RLUSD, a detail that underlines the institutional angle Ripple is pushing.

    XRPUSD now trading at $2.97. Chart: TradingView

    Regulatory And Infrastructure Moves

    The token’s momentum follows legal and regulatory shifts in the US after Ripple’s long fight with the SEC. Reports note that more than 20 spot XRP ETFs are under consideration, a factor that could pull large institutional capital into the market.

    The Depository Trust & Clearing Corporation — which handles up to $4 quadrillion in settlements a year — has mentioned tokenization in its planning documents, and researchers point out how tokenized settlement rails might change back-office flows if adopted widely.

    Momentum Meets Caution

    Banks are said to be moving slowly. Early integration tests and compliance checks are still under way. Industry sources say the combination of custody arrangements, stablecoins, and ledger-based settlement could unlock multi-trillion-dollar flows if real-world tokenization proves reliable. But those sources also warn that large-scale adoption will take time and careful risk controls.

    Speculation On Prices

    XRP currently trades around $2.8. Market chatter has heated up since the token rose nearly 600% between November 2024 and January 2025.

    Some analysts forecast a move to $50; others, like Edoardo Farina of Alpha Lions Academy, have floated $100. A handful of commentators discuss targets at $1,000. A small vocal group even claims $10,000 is possible.

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    One community pundit known as Xena said she believes it will reach that level “without a doubt,” a comment that highlights how much optimism lives alongside technical and regulatory progress.

    Featured image from Meta, chart from TradingView

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    Christian Encila

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  • XRP Needs To Defend $2.98 Support To Avoid Deeper Correction – Details

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    XRP has failed to maintain bullish momentum after pushing as high as $3.13 during the week. At the time of writing, XRP is trading around $3.00 and testing its resilience above this level after sliding alongside Bitcoin. The resulting price action is a defining moment for XRP’s short-term trend, according to technical analysis, and crypto analyst CasiTrades has pointed out a decisive support level that could determine whether the bullish structure remains intact.

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    XRP Tests $2.98 Support Zone

    Taking to the social media platform X, crypto analyst CasiTrades highlighted an important support level that XRP must hold in order to continue its bullish momentum. According to CasiTrades, XRP’s most immediate challenge is at the $2.98 support line. 

    The analyst’s technical analysis outlines an Elliott Wave formation now unfolding into an ABC corrective pattern. The analysis unfolds XRP’s price action since the beginning of September into Elliot Waves and suggests that XRP is now playing out Wave 4, which is a corrective wave divided into an ABC pattern. 

    Although XRP is still holding above $2.98, momentum indicators such as the RSI on both the one-hour and four-hour timeframes show no bullish divergence, often a necessary condition for reversal. This puts the $2.98 level in the spotlight, and a break below it could increase the likelihood of further downside pressure.

    The analysis highlights the possibility of corrective Wave C extending below $2.98 towards Fibonacci retracement levels near the low $2.90s. The measured C wave extension points to the 0.618 Fib retracement, which is around $2.92 and $2.94. 

    XRPUSD now trading at $2.98. Chart: TradingView

    Interestingly, the 15-minute chart does reveal a short-term bullish divergence, offering a small window for relief bounces. However, without confirmation on the higher timeframes, such reactions are likely to remain temporary. The broader outlook, as outlined by the analyst, still leans toward the probability of another downward wave unless buyers step in strongly at $2.98 to restore confidence and preserve the larger bullish structure.

    Chart Image From X: CasiTrades

    Implications If XRP Holds Above $2.98

    If buyers manage to hold above $2.98, XRP could stabilize and enter a consolidation phase that will create a foundation for the next leg higher. This consolidation would give the XRP price the breathing room it needs for an eventual upward attempt, one that would mark the beginning of an impulse Wave 5 formation within the Elliott Wave count. In this scenario, a decisive push through the $3.10 level becomes the first hurdle, and breaking it would confirm that bullish momentum is once again in play.

    Should XRP successfully clear $3.10 with volume and follow-through, the next target identified by the analyst is another resistance at $3.25. A sustained bullish momentum beyond this point could carry the price toward the next resistance at $3.44.

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    At the time of writing, XRP is trading at $3.01, down by 2.8% in a seven-day timeframe. Preserving the bullish wave structure and holding above $2.98 at this point is essential to avoid the corrective pattern turning into a deeper downtrend. 

    Featured image from Unsplash, chart from TradingView

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    Scott Matherson

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  • As XRP Grabs Headlines, Can Cardano Price Surge Toward $100?

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    While tokens like XRP dominate headlines amid rising ETF approval speculations, the Cardano price is also gaining attention as market conditions slowly recover from bearish trends. New data from Changelly, a crypto exchange, has suggested that Cardano could be gearing up for a massive breakout. The big question now is whether the cryptocurrency has the momentum to reach a $100 milestone. 

    Why A $100 Cardano Price Remains A Distant Goal

    Cardano’s price action has generated significant interest in recent months, as analysts from Changelly attempt to project its next big move. According to their forecasts, ADA remains a relatively low-priced cryptocurrency compared to some of its altcoin rivals like XRP, with projections pointing to modest gains in the near term and a potential surge above $100 by 2040. 

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    Changelly’s outlook for 2025 suggests a trading range between $0.77 and $0.97, with the average price stabilizing around $1.17. These numbers highlight a steady upward trend but remain far from the speculative $100 level. Breaking this down further, experts from the crypto platform project that in September 2025, ADA could fluctuate between $0.891 and $0.924, averaging near $0.908. 

    By October 2025, expectations widen slightly, with potential movement between $0.88 and $1.17. November’s outlook places the Cardano price between $0.77 and $1.05, averaging around $0.91, while December 2025 suggests values between $0.807 and $0.87. Taken together, these estimates show that ADA is likely to continue strengthening its price floor while maintaining realistic, incremental growth rather than explosive parabolic moves.

    ADAUSD now trading at $0.89. Chart: TradingView

    From this perspective, a $100 Cardano price seems improbable within the near or mid-term future. However, in the long-term, Changelly predicts that ADA could exceed the $100 target to reach $116.83 by February 2040. The maximum price for that month has also been set at $132.72. 

    Cardano’s Price Action

    While Changelly’s technical analysis provides insight into potential short-term price movements, Cardano’s long-term story is deeply rooted in its fundamentals. At present, the cryptocurrency trades around $0.91 with a circulating supply of over 35.7 billion ADA, giving it a market capitalization of approximately $32 billion. 

    ADA has displayed steady momentum in the last week, climbing 1.48% and nearly 6% over the past month. According to Changelly, this growth signals that Cardano still commands a solid market presence, reinforcing its potential for a breakout soon. Although the cryptocurrency has dipped by over $0.01 in the past 24 hours, Changelly points out that recent trading activity has turned notably bullish for the cryptocurrency.   

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    While Cardano’s strong fundamentals fuel its  expanding ecosystem and steady price recovery, its vast circulating supply makes a potential surge to $100 mathematically challenging. Reaching this level would demand a market cap far exceeding that of Bitcoin at its peak. Still, Changelly notes that ADA is showing great potential lately, suggesting that its current price level could be a good buying opportunity for investors.  

    Featured image from Unsplash, chart from TradingView

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    Scott Matherson

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  • Diversifying Crypto Portfolios with XRP and SOL

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    In the world of digital assets investing, XRP and Solana (SOL) are the third and sixth largest cryptocurrencies by market capitalization after bitcoin and ether.1 Market participants with existing exposure to bitcoin and ether can look to XRP and Solana to diversify their return sources and manage risk.

    Traditional diversification principles apply to crypto investing, in which less correlated assets can cushion the portfolio from adverse price movements. The correlation matrix among the four assets highlights that XRP, in particular, has fairly low correlations to bitcoin, ether and SOL.

     

    XRP

    SOL

    ETH

    BTC

    XRP

    1.0000

     

     

     

    SOL

    0.5506

    1.0000

     

     

    ETH

    0.5665

    0.6780

    1.0000

     

    BTC

    0.5525

    0.7522

    0.7620

    1.0000

    Source: Correlation based on daily logarithmic returns from CF Benchmarks Rate publications from Jan. 2, 2024 through September 12, 2025.

    Risk and returns tend to be linear among the four coins, with higher returns accompanied by higher volatility. XRP and SOL generally offer higher potential returns but come with higher volatility compared to BTC and ETH. BTC appears to be the most stable option, while ETH strikes a balance between risk and return.

    In particular:

    • XRP has the highest average daily return (0.52%) among the four cryptocurrencies. Correspondingly, it exhibits higher standard deviation (5.89%) than BTC, ETH and SOL.

    • SOL has the second highest standard deviation of daily returns (5.13%), suggesting it is one of the most volatile assets of the group. Its mean daily return (0.32%) is higher than ETH and BTC, but lower than XRP.

    • ETH has a moderate mean daily return (0.24%) and a lower standard deviation of daily returns (4.10%) compared to XRP and SOL, indicating a more slightly stable profile.

    • BTC has the lowest standard deviation of daily returns (2.91%), making it the least volatile asset in this comparison. Correspondingly, BTC (0.27%) has the lowest daily average returns among the four.

    Cryptocurrency

    Average Daily Return

    Standard Deviation of Daily Returns (Volatility)

    Risk/Reward Ratio

    XRP

    0.52%

    5.89%

    0.088

    SOL

    0.32%

    5.14%

    0.062

    ETH

    0.24%

    4.10%

    0.058

    BTC

    0.27%

    2.91%

    0.092

    Source:  CME Group.  Data from Jan. 2, 2024 – Sept. 12, 2025

    Source: CME Group. Data from Jan. 2, 2024 – Sept. 12, 2025

    For market participants with existing exposure to bitcoin and ether, these new futures offer an effective means to diversify returns and manage risk.  To meet the market’s needs for additional coin exposures, CME Group launched large-sized futures and smaller-sized Micro futures on SOL and XRP in March and May 2025, respectively, to complement the existing Bitcoin futures and Ether futures product suite.

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  • XRP Fractal Suggests Price Could Rise Over 100% To $7 In November

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    The XRP price is showing signs of repeating a past price pattern that once led to a strong rally. According to crypto analyst Egrag Crypto, this setup suggests a move higher in the weeks ahead. To back the bullish case, the token is currently holding its ground above support areas. Traders across the market are now waiting to see if this pattern develops into another upward move.

    Analyst Spots Bullish Fractal Formation In XRP Price Chart

    Egrag Crypto has been studying the XRP price chart and points to what he calls a repeating fractal formation. In this case, the current price structure with the yellow fractal of XRP resembles one seen before a strong rally in the past. It indicates that the token price has been fluctuating within a narrow range for some time. 

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    Source: X

    This type of price action often suggests that the market is building pressure, and according to him, XRP is getting ready for the next move. If XRP continues to follow this fractal, the token could break through resistance levels, confirming the bullish trend. These resistance points are at $3.91 and $5.56. This sideways trading has built a stable base on the chart, and the fractal points to the next move possibly starting soon. 

    XRP Price Targets $6–$7 By Mid-November

    Based on this fractal setup, Egrag Crypto projects that XRP could trade between $6 and $7 by mid-November 2025. Such a move would mean the token more than doubles in value from its current level. A rise of over 100% in such a short period would bring renewed attention to XRP and could signal the start of a broader rally across the crypto market. The $6 to $7 target zone is the key part of his bullish outlook, marking a possible turning point for XRP.

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    Currently, XRP is valued at $3.03, marking modest but steady growth. Over the past 24 hours, it has gained around 2.57%. Over the past week, the token has increased by 3.21%, and on the monthly chart, it has added 3.3%. With the rise in XRP markets, adding more strength, showing that buyers are gradually pushing the price higher. This constant build often prepares the way for bigger moves if the buying continues.

    According to the analysis, if XRP is to keep moving in a bullish direction, staying above the $2 support area is essential. If XRP maintains this base, it makes the fractal projection of $6 to $7 by mid-November much more likely. Analysts often point to support levels as foundations for rallies, and in this case, the $2 price level could serve as the platform that launches the token toward its projected price range of $6 to $7.

    XRP price chart from TradingView.com
    Token price struggles to hold gains | Source: XRPUSDT on TradingView.com

    Featured image from DALL.E, chart from TradingView.com

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    Sandra White

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  • Market Expert Says XRP Price At $1,000 Will Happen, But The Timeline Is Different

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    The XRP price is once again at the center of discussion in the cryptocurrency market after a market expert reiterated their bold long-term forecast. The founders of EasyA, Dom and Phil Kwok, say the token still has the potential to hit $1,000, even if it takes longer than first expected. They explain that the short-term view is not yet clear, but the long-term case for XRP remains strong. 

    EasyA Founders Stand By $1,000 XRP Price Prediction

    Dom and Phil Kwok joined host Tony Edward on the Thinking Crypto podcast to share their updated thoughts on XRP. Edward recalled their earlier bold forecast of $1,000 by 2030, which still excites many supporters. Dom Kwok made it clear that the short-term outlook is still “formulating,” meaning they are not ready to set a concrete target for the current cycle. However, he confirmed that the long-term thesis remains intact, and the bold forecast is still alive.

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    According to Dom, a significant amount of new money could enter the market once the rules are clarified. When those approvals are in place, Dom believes that large amounts of new capital could flow into XRP. 

    The market expert noted that the legal teams of hedge funds and asset managers are working out the rules to determine how they can start investing in other tokens. With the SEC lawsuit against Ripple now resolved, many of the barriers that held back institutions are gone. For the EasyA founders, this shift in the investment landscape is key to why the XRP $1,000 price target remains in place.

    Network Effects And Developer Momentum Strengthen XRP’s Case

    Phil Kwok spoke about another driver for the XRP’s growth: network effects. He explained that when prices rise, more developers become involved and build. Recent performance shows why the EasyA founders remain confident. The XRP price has climbed 456% since last year, trading above $3, and it is now the best-performing large-cap altcoin. 

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    Dom also pointed out that price charts matter because falling prices scare off both users and builders. With the XRP price showing steady gains, it is drawing more investors and developers to its network. The short-term outlook is still uncertain, but the long-term belief in $1,000 continues to drive discussion. While Dom and Phil Kwok stand by their bold forecast, other experts, such as Matthew Brienen of CryptoCharged, have suggested that the price could reach that level by 2035 instead.

    Even with the extended timeline, XRP’s strong position, growing utility, and the attention of institutions and developers all point toward a long-term path of significant growth. For many in the XRP community, the $1,000 price target remains a central rallying point, even if the timeline shifts.

    Bulls in trouble with heightened sell pressure | Source: XRPUSDT on TradingView.com

    Featured image from DALL.E, chart from TradingView.com

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    Sandra White

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  • XRP Price At $23, Dogecoin To $2, And Solana At $1,800? Analyst Unveils 2026 Predictions

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    Crypto analyst Borovik has unveiled his 2026 bullish predictions for the XRP price, Dogecoin, and Solana. This comes as these three altcoins stand out in the ongoing crypto market rally, recording notable gains. 

    Analyst Reveals 2026 Prediction For XRP, Dogecoin, and Solana

    In an X post, Borovik predicted that the XRP price will rally to $23, Dogecoin to $2, and Solana to $1,800 in 2026. He also made predictions for other major coins like Bitcoin, Ethereum, BNB, and TRX. The analyst expects BTC to rally to $896,503, ETH to $35,000, BNB to $7,000, and TRX to $2.7. 

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    However, the analyst didn’t provide any basis for why the XRP price, Dogecoin, Solana, and these other coins could rally to these ambitious targets. Notably, these coins are currently the top 9 largest cryptos by market cap, excluding stablecoins USDT and USDC. These coins are also currently recording notable gains amid the recent crypto market rally. 

    Source: Chart from Borovik on X

    The XRP price has reclaimed the psychological $3 level and now looks set to retest higher resistance levels and possibly flip them into support. Dogecoin has also reached its most recent local high of $0.28 and is now looking to hit the $0.30 level. Solana surpassed $240 yesterday, reaching this level for the first time since January. 

    Fundamentals have played a role in driving this rally for the XRP price, Dogecoin, and Solana. REX-Osprey is launching the first XRP and DOGE ETFs next week, under the 40 Act. These funds will still provide spot exposure to both altcoins, although they differ from the conventional spot crypto ETFs. REX-Osprey’s funds will help inject new capital into the XRP and DOGE ecosystem, which could serve as a catalyst for higher prices. 

    Meanwhile, Solana just saw the launch of a $1.65 billion SOL treasury firm, Forward Industries. The firm completed the private placement earlier this week and immediately began buying SOL through Galaxy Digital, which was one of the investors in the private placement. This has added significant buying pressure on the crypto. 

    More Gains Ahead For These Altcoins

    The XRP price, Dogecoin, and Solana are still expected to record major gains ahead amid this crypto market rally. Crypto analyst CasiTrades suggested that the consolidation period is over for XRP and that it is set to rally to a new all-time high (ATH). Her accompanying chart showed that the altcoin could rally above $4.60. 

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    Crypto analyst Ali Martinez stated that Dogecoin is still in the buy zone and that the bullish breakout will melt faces. His accompanying chart showed that DOGE could rally to as high as $4 if it touches the middle channel of an ascending channel. In a separate analysis, the analyst noted that $1,300 is the primary target for SOL after breaking out of a cup and handle pattern. 

    XRP
    XRP trading at $3.14 on the 1D chart | Source: XRPUSDT on Tradingview.com

    Featured image from Getty Images, chart from Tradingview.com

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    Scott Matherson

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  • SEC Stalls XRP and DOGE ETF Rollout: How They Differ from BTC and ETH Counterparts

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    The rollout of new crypto ETFs tied to Ripple’s XRP and Dogecoin (DOGE) has hit delays, exposing the hurdles facing digital assets outside of Bitcoin (BTC) and Ethereum (ETH).

    While both funds were expected to be milestones for their respective communities, the handling of them by the U.S. Securities and Exchange Commission (SEC) shows the gulf between experimental products and the more established spot BTC and ETH ETFs already trading in the country.

    SEC Extends XRP ETF Deadlines as DOGE Fund Faces Short Delay

    On September 10, the SEC extended its review of the Franklin XRP ETF, moving the final decision deadline from September 15 to November 14, 2025. The regulator cited the need for more time to evaluate comments and potential risks.

    It marks the second extension since the product was first filed in March, leaving 15 XRP ETF applications in limbo. However, even with the delay, bettors on Polymarket have assigned more than a 90% chance of approval by year-end, suggesting that investors are still confident Ripple will secure its own ETF before 2025 is done.

    While XRP awaits clarity, attention has shifted to Dogecoin. According to Bloomberg ETF analyst Eric Balchunas, the Rex-Osprey DOGE ETF (DOJE), initially meant to hit the market on September 12, is now scheduled to launch mid-next week, likely September 18.

    Recent data from Santiment shows whales have been accumulating the OG meme coin in anticipation of the ETF, with holdings by wallets containing between one and ten million DOGE reaching a four-year high.

    Different Structures, Different Outcomes

    The SEC’s approach highlights a key divide in how crypto ETFs reach the market. For example, spot Bitcoin and Ethereum ETFs are organized as grantor trusts under the Securities Act of 1933. This ‘33 Act framework is now the industry standard for physically backed crypto products, but it involves a lengthy review process that includes a formal comment period.

    Meanwhile, according to industry expert James Seyffart, the Dogecoin product is structured under the Investment Company Act of 1940, allowing it to use a unique framework as a Registered Investment Company (RIC), which is different from the standard setup used by the more established crypto ETFs.

    Its strategy involves gaining spot market exposure through a Cayman Islands subsidiary, a legal innovation designed to help bypass regulatory constraints. This alternative arrangement can allow for faster time-to-market and different operational mechanics, such as the ability to hold derivatives alongside spot assets.

    The regulatory arbitrage explains why a fund for Dogecoin, an asset originally created as a joke, might trade in the U.S. before one for XRP, which has a more developed ecosystem and legal precedent.

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    Wayne Jones

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  • XRP Exchange Reserves Balloon 1.2 Billion In One Day, Why This Is Bearish For Price

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    XRP Exchange reserves have surged by 1.2 billion in just a day, presenting a bearish outlook for the XRP price. This development comes as the token looks to hold above the psychological $3 level. 

    XRP Exchange Reserves Increase By 1.2 Billion In Just A Day

    A CryptoQuant analysis by CryptoOnchain revealed that XRP Exchange reserves jumped by 1.2 billion in a day across four crypto exchanges, with Binance leading the surge. Bithumb, Bybit, and OKX also experienced a major increase in their reserves, a development which CryptoOnchain noted shifted the volume of XRP’s reserves in an unprecedented manner. 

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    Binance saw its reserve holdings increase from around 2.928 billion XRP to 3.538 billion XRP, an increase of over 610 million XRP in a single day. Meanwhile, Bithumb saw its holdings increase from 1.647 billion to 2.519 billion, Bybit’s holdings increased from 188 million to 380 million XRP, and OKX’s XRP reserves jumped from 112,000 to 233 million. 

    Source: Chart from CryptoQuant

    This development is typically bearish, as an increase in crypto exchanges’ reserves indicates that investors are offloading their coins. This would also explain why XRP has underperformed in recent times and has struggled to hold above the psychological $3 price level. During this period, other altcoins like Solana and BNB have outperformed XRP, reaching new local highs.

    Accumulation Rather Than Sell-offs

    CryptoOnchain revealed that the increase in XRP Exchange reserves is a case of accumulation rather than the typical sell-offs. The analyst noted that the price chart indicates that this heavy accumulation occurred precisely at the key support level of around $2.73, a level that has previously prevented the altcoin from experiencing massive declines. 

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    The analyst then pointed to the RSI and MACD indicators a day after the increase in the XRP Exchange reserves, which shows a decrease in selling pressure on the token.CryptoOnchain explained that this could mean that the heavy buying by exchanges was aimed at accumulation rather than immediate injection into the market. 

    CryptoOnchain also noted that the pattern of these large accumulations across the crypto exchanges and at a critical support level could be a sign of institutional coordination or an upcoming event. Notably, the XRP ETFs could launch next month, which would represent a significant development for the XRP price. 

    The analyst stated that if the current support holds and buying volumes continue, the XRP price could rally to higher resistances at $3.34 and $3.58. However, CryptoOnchain warned that if the support is broken, selling pressure could turn the increase in XRP Exchange reserves into an opportunity for massive supply. 

    At the time of writing, the XRP price is trading at around $3.06, up over 2% in the last 24 hours, according to data from CoinMarketCap.

    XRP
    XRP trading at $3.04 on the 1D chart | Source: XRPUSDT on Tradingview.com

    Featured image from Adobe Stock, chart from Tradingview.com

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    Scott Matherson

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  • RLUSD Yes, XRP No: Why Is This Ripple Partner Choosing Only the Stablecoin?

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    TL;DR

    • One of the first companies aiming to build an XRP strategic reserve has opted to use RLUSD payments for its electric vehicle subsidiary instead of Ripple’s native non-stablecoin token.
    • The firm said the stablecoin option will speed up transactions and reduce costs at the same time.

    VivoPower International PLC announced the move on September 8, indicating that its EV subsidiary – Tembo e-LV – has started to accept payments in Ripple’s stablecoin, RLUSD, which launched less than a year ago.

    Tembo describes itself as a company seeking practical solutions to real-life challenges that affect conventional international wire transfers, which include longer waiting periods and high transaction costs.

    The statement reads that RLUSD will allow for international wire transfers to be completed “almost instantaneously” at a “fraction of the cost” of conventional ones. The stablecoin also provides security to users as it’s pegged 1:1 to the US dollar and is fully backed by greenback deposits, short-term US treasuries, and other cash equivalents.

    According to the announcement, the expected benefits of relying on RLUSD instead of traditional wire transfers will be as follows:

    • Improve Efficiency: Speed up transactions, especially for international customers and partners.
    • Reduce Costs: Lower fees and delays associated with traditional banking channels and fiat currency.
    • Support Innovation: Promote the adoption of enterprise-ready digital assets that meet strict compliance and audit standards.
    • Expand Treasury Options: Broaden the Company’s digital asset and decentralized finance (DeFi) strategy.

    The move, which was also announced on X, led to some questions from users about why the company has opted only for the stablecoin and has left Ripple’s much more popular and bigger in market cap asset – XRP – out of the picture.

    Although the statement doesn’t address this, the most probable reason is likely related to the lack of price fluctuations against traditional options like the USD. Both assets operate as cross-border tokens, but RLUSD maintains its value against the greenback, while XRP can be highly volatile.

    Nevertheless, VivoPower, which said it “is undergoing a strategic transformation into the world’s first XRP-focused digital asset enterprise,” has already started to accumulate the asset. It made a $30 million purchase earlier this month, and plans to expand that number to $200 million worth of XRP.

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    Jordan Lyanchev

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  • Why $50 XRP By December 2025 Isn’t ‘Hopium’ If ETFs Get Greenlight: Analyst

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    XRP’s price outlook is in focus as the US Securities and Exchange Commission lines up decisions on multiple spot ETF applications in late October 2025. Analysts say the outcome of that cluster could decide whether billions of dollars in institutional funds flow into the token before year-end.

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    Filings Point To October Decision

    Reports show that six issuers have active S-1 filings or amendments waiting for review. The list includes Bitwise, WisdomTree, 21Shares, Canary Capital, CoinShares, and Franklin Templeton.

    The timing of these filings, following the SEC’s dismissal of its case against Ripple, has raised expectations that issuers are preparing for a launch window tied to October’s calendar.

    Demand Shock Could Stress Supply

    Industry insiders project that more than $5 billion could enter through spot ETFs in the first month alone. Estimates run as high as $10–18 billion by the end of 2025 if approvals are granted and appetite is strong.

    XRP market cap currently at $169 billion. Chart: TradingView

    XRP’s effective supply is limited, with about 35 billion tokens still locked in escrow and much of the circulating amount held by exchanges and large investors. This thin float means a sudden demand wave could trigger sharp price swings.

    Analyst Upbeat About A $50 Target

    Veteran Bitcoin investor Pumpius has tied these supply and demand pressures to a bold forecast. He believes that if ETFs launch in the fourth quarter and inflows reach $10–18 billion, XRP could climb to $50 by December 2025 — and it is not “hopium“.

    From today’s price of $2.80, that would be a 1,680% rise, lifting market capitalization from $168 billion to about $3 trillion.

    Pumpius says the setup mirrors Bitcoin and Ethereum before their ETF approvals, pointing to the recent launch of XRP futures on CME and Coinbase Derivatives as proof that institutional infrastructure is already in place.

    Skepticism Over The Timeline

    Many market participants have pushed back against the forecast, arguing that the timeline is too short for XRP to grow that much.

    Critics on social platforms point out the difficulty of scaling from a $168 billion market to $3 trillion in just over a year. Some also question whether early ETF inflows will meet the higher-end projections cited by Pumpius.

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    What Approval Would Mean

    Should the SEC approve the filings in October, ETFs could channel regulated exposure for pensions, wealth managers, RIAs, and corporate treasuries.

    That would test XRP’s liquidity, potentially forcing larger holders to adjust positions as new demand arrives. If the applications are denied, expectations for a breakout rally would likely be pushed further out.

    For now, XRP continues to trade at $2.84. With the SEC’s October cluster approaching, traders are weighing whether the path to $50 is a realistic outcome or just a bold scenario tied to one investor’s high-stakes call.

    Featured image from Meta, chart from TradingView

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    Christian Encila

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  • Analyst Forecasts XRP To Stage Amazon-Like Rally To $200

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    XRP has drawn plenty of comparisons over the past few months, but one analyst believes the best way to understand its future is to look at Amazon’s past. Nick Anderson, better known as BULLRUNNERS on the social media platform X, says XRP is going through the same kind of consolidation Amazon faced in 2010, and it still has the potential to rally to $200. The key difference, however, is the patience investors will need before this rally can happen.

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    Amazon’s Breakout Holds The Clues For XRP

    XRP’s price action in the past seven days has been highlighted by a trading range between $2.8 and $2.9. The cryptocurrency now seems stuck within this range, but it has managed to hold above $2.8 for the meantime. Interestingly, Anderson likened this consolidation move to a similar retest of a previous high by the Amazon stock (AMZN) back in 2010. 

    In his post, Anderson highlighted how Amazon stock spent roughly 3,800 days consolidating after the dot-com crash before finally breaking past its previous high and entering a meteoric run. However, before entering into this meteoric run, it consolidated for a few months in 2010 just after breaking above its previous high during the dot-com bubble. 

    According to Anderson, XRP’s current structure is tracing out a massive cup and handle that mirrors this exact Amazon stock setup, with the cryptocurrency now using past highs as support in the same way Amazon did. Just as Amazon transformed once it cleared resistance, Anderson believes XRP could follow a similar breakout trajectory that could eventually push its price above $100, and possibly as high as $200.

    XRPUSD currently trading at $2.8. Chart: TradingView

    Short-Term Expectations Between $5 And $30

    In his assessment, Anderson noted that this predicted rally to $200 might take many years to come to fruition. Comparing today’s price of around $2.80 to Amazon’s $5 launch point before its monumental rally, this would probably be the best time for XRP investors to accumulate for the long term. For younger investors, holding XRP for the next 10 to 15 years could prove transformative, with as little as 10,000 XRP amounting to $1 million in value if the cryptocurrency eventually climbs to $100.

    Despite his long-term forecast, Anderson is more cautious about what XRP might achieve this cycle. He stated that while a push to $100 in the near term would be “absolutely insane”, a more realistic target for this bull run could lie between $5 and $30. After that, he expects another correction to set in before the rally resumes sometime around the end of the decade. 

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    Anderson also left room for a more explosive scenario, noting that XRP could deliver what he called a “giga rally” if liquidity rushes into the market faster than expected. This is based on the growing anticipation around the adoption of ISO 20022 by the US Federal Reserve.

    At the time of writing, XRP is trading at $2.81.

    Featured image from Unsplash, chart from TradingView

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    Scott Matherson

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  • Ripple’s XRP Ledger Just Introduced A Pivotal Update In Its Quest For Dominance

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    New updates have been made to Ripple’s XRP Ledger (XRPL) as the network looks to dominate and gain more traction. This is also a positive for XRP, which serves as the network’s bridge currency. 

    Ripple’s XRP Ledger Gets A New Update

    In an X post, XRP validator Vet revealed that the credentials amendment on the XRP Ledger is now active. He explained that credentials can be applied to attest to compliance requirements, such as KYC and AML, for a user or institution and issued to their decentralized identity. This helps to further build trust in the network.  

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    Vet also noted that the amendment has all been done natively on the XRP Ledger. Notably, this update is part of a larger move to enable compliance amendments on the network. With decentralized identities and credentials implemented, Vet indicated that their next focus is to work on the permissioned domains and permissioned DEX.

    Ripple and other XRP Ledger stakeholders aim to utilize these compliance amendments to attract more institutions to the network, enabling them to adhere to traditional finance (TradFi) standards even on-chain. This also comes as the network aims to become the go-to for tokenization. Ripple recently stated that 10% of global assets will become tokenized by 2030, and is undoubtedly looking to tap into this trillion-dollar market.

    Ripple Engineer Breaks Down Significance Of This Update

    In an X post, Ripple engineer Kenny explained that the credentials update gives developers and businesses a way to handle identity checks and compliance requirements directly on the XRP Ledger. With these, they do not need to approve each account one by one manually.  The Ripple engineer noted that traditionally, verifying user credentials like KYC requires multiple checks across different platforms. 

    Related Reading

    Kenny remarked that this process isn’t only inefficient but also increases privacy risks because sensitive information has to be shared multiple times. As such, this makes the XRP Ledger credentials update vital. The Ripple engineer revealed that this feature enables credentials to be issued, stored, and verified natively on the XRPL. 

    He noted the benefits of how this allows users to prove a required criterion without undergoing repeated verification. Kenny also stated that this will improve the onboard process and enhance security, while maintaining privacy. The Ripple engineer further gave an example of what a typical flow will look like using this credentials feature. 

    A business will define the credentials it requires, such as the KYC, then a trusted issuer creates and signs that credential. The user then accepts and stores these credentials in their XRP Ledger account. That way, the credential is checked on-chain whenever the user interacts with the business.

    At the time of writing, the XRP price is trading at around $2.83, up in the last 24 hours, according to data from CoinMarketCap.

    XRP trading at $2.81 on the 1D chart | Source: XRPUSDT on Tradingview.com

    Featured image from Adobe Stock, chart from Tradingview.com

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    Scott Matherson

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  • Trump-Tied Thumzup Raises $50M, Merges Dogecoin Mining With XRP Plans

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    According to a shareholder letter, Thumzup Media completed a $50 million common stock offering at $10 per share and laid out a two-part plan: expand into Dogecoin mining and put selected cryptocurrencies into a corporate treasury.

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    Thumzup Raises $50 Million

    The new cash will help fund a pending acquisition of Dogehash Technologies, a deal that calls for Thumzup to issue 30.7 million shares to Dogehash shareholders.

    Once the transaction closes, the mining firm is set to be renamed Dogehash Technologies Holdings and is expected to trade on Nasdaq under the XDOG ticker. Part of the raised money will buy 1,000 mining machines, company officials said.

    Dogecoin Mining Push

    Reports have disclosed that Thumzup described the mining effort as aggressive. The move ties mining assets and capital markets together in one package. Some details remain unclear.

    For example, the timetable for renaming and listing, and the exact delivery schedule for the 1,000 rigs, were not spelled out in the letter. Still, the plan is in motion and will be watched closely by investors.

    XRP Included In Corporate Treasury

    Beyond rigs and a Nasdaq plan, Thumzup said its board has approved building a diversified crypto treasury that will include XRP. Other assets named were Dogecoin, Solana, Ethereum, Litecoin and stablecoin USDC.

    No firm numbers were given on how much of any token will be held. What was revealed is that this treasury plan follows earlier cryptocurrency buys: Thumzup invested $1 million in Bitcoin in January and then made an additional $1 million purchase later that month.

    Total crypto market cap currently at $3.75 trillion. Chart: TradingView

    Companies Adding XRP To Reserves

    Based on reports from other firms, Thumzup is not alone. Webus International announced a $300 million XRP treasury plan in June. VivoPower, which raised $121 million from investors that include Saudi backers, has also discussed using part of that funding to hold XRP.

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    Trident Digital has said it intends to build a $500 million XRP reserve. Those moves are being watched by market participants because they change how some firms think about holding crypto on their balance sheets.

    Investors will look for three items. First, whether the Dogehash deal closes and the 30.7 million-share exchange is completed. Second, the actual delivery and deployment of the 1,000 mining units. Third, any filings or announcements that show how much crypto Thumzup will place into its treasury and when those purchases occur.

    The company framed its strategy as consistent with US President Donald Trump’s stated support for boosting American crypto activity, a political point that the firm used in the shareholder letter.

    Featured image from Unsplash, chart from TradingView

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    Christian Encila

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  • XRP Will Never Crash 90% Again, Says Digital Ascension CEO

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    Jake Clover, CEO of Digital Ascension Group and a long-time XRP advocate, used a new video published on September 3 to deliver an unambiguous message to traders waiting for one last capitulation: he doesn’t think a 90% collapse is coming back. “I would love it too. I don’t think it’s going to happen,” Clover said, arguing that the market already gave skeptics ample time to buy during prolonged sub-$1 ranges. “When it was 50 cents, nobody wanted to buy it… You had three years to buy it at 50 cents or 30 cents or 40 cents or whatever it was. It ain’t coming back.”

    Will XRP Never Crash By 90% Again?

    Clover roots that conviction not in a single catalyst but in what he describes as a structural change to XRP’s market microstructure. He repeatedly cites the role of spot exchange-traded products – Bloomberg’s James Seyffart puts SEC approval in 2025 odds at 95% – and the execution algorithms used by institutional liquidity providers as a persistent source of demand that alters the asset’s downside dynamics. “It’s going to be sustained here because of the ETFs, because of the TWAP and VWAP and them entering the market. They’re not letting it come back down,” he said, referring to time- and volume-weighted execution that systematically slices large orders into the market over extended intervals.

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    He frames the current tape as a test the asset has already passed. “If it was going to [crash], there’s a bunch of stuff that rolled up and then it’s back down 90% since it went up. XRP hadn’t done that,” Clover noted, contrasting XRP’s behavior with other, sharper retracements elsewhere in crypto. In his reading, support has repeatedly asserted itself on the cross with Bitcoin as well. “It’s back on the line here where there’s been support on the Bitcoin and XRP chart. I think it’s up from here, especially if Bitcoin keeps going up,” he said, tying XRP’s path to the broader beta of the cycle.

    Clover also connects his outlook to a suite of prospective macro and market-structure tailwinds. He points to what he calls a “reverse carry trade,” the prospect of “adoption for the backend settlement of the stock market,” and the influence of ETF flows as scenario drivers that could render near-term entry prices largely irrelevant over a longer horizon. In one of the video’s most pointed passages, he underscores that view with a blunt thought experiment on future price levels: “You’re not going to care if you bought it at $2.30 or you bought it at $2.40 or you bought it at $2 when it’s a hundred dollars or $200 or $500.”

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    The operational takeaway he offers to investors is procedural rather than tactical. Clover is explicit that market timing is a losing game for nearly everyone and that disciplined accumulation outperforms attempts to catch exact bottoms. “Dollar cost averaging is going to be your best bet 99.9% of the time,” he said. “Trying to time the market, you’re not going to do it. It’s like 1% of traders that ever timed the market well. And those that dollar cost average in, you’re going to win. Like you can’t, you can’t lose doing that. You’re going to get highs and lows, but your average is going to be pretty fair.”

    Risk management, in his account, is non-negotiable. He warns explicitly against taking on debt or leverage that compromises basic obligations in order to chase upside. “Don’t leverage yourself or over leverage yourself to the point where you can’t make your bills or can’t pay other stuff,” Clover said, adding that small, regular allocations made only from surplus cash are the appropriate way to express conviction while surviving the volatility that remains endemic to the asset class.

    If that thesis holds, the implication for strategy—again in Clover’s own words—is to stop waiting for the ghost of an old regime. “I know everybody wants the most they can get on stuff,” he said, “but dollar cost averaging is going to be your best bet… When you have some extra liquidity, buy a little bit.”

    At press time, XRP traded at $2.87.

    XRP price
    XRP faces the EMA20, 1-day chart | Source: XRPUSDT on TradingView.com

    Featured image created with DALL.E, chart from TradingView.com

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    Jake Simmons

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  • From Stalemate To Surge? XRP Bulls Eye $2.94 Break For Fresh Upside

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    My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life.

    My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world.

    I was exposed to the cryptocurrency world 3 years ago and got so interested in knowing so much about it. It all started when a friend of mine invested in a crypto asset, which he yielded massive gains from his investments.

    When I confronted him about cryptocurrency he explained his journey so far in the field. It was impressive getting to know about his consistency and dedication in the space despite the risks involved, and these are the major reasons why I got so interested in cryptocurrency.

    Trust me, I’ve had my share of experience with the ups and downs in the market but I never for once lost the passion to grow in the field. This is because I believe growth leads to excellence and that’s my goal in the field. And today, I am an employee of Bitcoinnist and NewsBTC news outlets.

    My Bosses and co-workers are the best kinds of people I have ever worked with, in and outside the crypto landscape. I intend to give my all working alongside my amazing colleagues for the growth of these companies.

    Sometimes I like to picture myself as an explorer, this is because I like visiting new places, I like learning new things (useful things to be precise), I like meeting new people – people who make an impact in my life no matter how little it is.

    One of the things I love and enjoy doing the most is football. It will remain my favorite outdoor activity, probably because I’m so good at it. I am also very good at singing, dancing, acting, fashion and others.

    I cherish my time, work, family, and loved ones. I mean, those are probably the most important things in anyone’s life. I don’t chase illusions, I chase dreams.

    I know there is still a lot about myself that I need to figure out as I strive to become successful in life. I’m certain I will get there because I know I am not a quitter, and I will give my all till the very end to see myself at the top.

    I aspire to be a boss someday, having people work under me just as I’ve worked under great people. This is one of my biggest dreams professionally, and one I do not take lightly. Everyone knows the road ahead is not as easy as it looks, but with God Almighty, my family, and shared passion friends, there is no stopping me.

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  • XRP Millionaires Dump After Major Accumulation Trend, Will It Be A Red September?

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    XRP’s large holder cohort, specifically addresses holding between 10 million and 100 million XRP, has shifted from accumulation in the second half of August to significant dumping at the start of September. 

    On-chain data from analytics platform Santiment reveals a sharp reversal in holdings, both in terms of circulating supply percentage and the number of coins held by this cohort. This change raises concerns about the sustainability of XRP’s price, which has been facing rejections above $2.8, and whether September could be a bearish month for the token.

    XRP Millionaires Start September With A Selloff

    XRP millionaire wallets, which are addresses holding between 10 million and 100 million XRP coins, aggressively increased their holdings during the second half of August. Based on the current price of XRP, each of these addresses is sitting on $28 million and $280 million worth of XRP, depending on the size of their wallets.

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    Particularly, Santiment’s data shows that the percentage of XRP supply held by these addresses rose from 11.67% on August 16 to 12.19% by the end of the month. In terms of numbers, their stash grew from about 7.5 billion XRP coins to 7.85 billion XRP. This surge in accumulation showed the confidence among large investors, which contributed to XRP successfully holding above the $3 price level throughout the month.

    However, September has opened with an abrupt reversal. On September 1, whale holdings accounted for 12.19% of the circulating supply, but by September 3, that figure had dropped to 11.77%. In coin terms, the balance fell from 7.85 billion XRP to 7.61 billion XRP, wiping out much of the late August accumulation in just a few days.

    Source: Chart from Santiment

    This decline is clearly illustrated in Santiment’s chart below, which shows a synchronized dip in both percentage supply and absolute holdings. This rapid offloading means that these millionaire wallets may be taking profits after August’s rally, and it introduces downside pressure that could have effects on XRP’s price action throughout September.

    Could This Mean A Red September For XRP?

    September has been a mixed month for XRP, with both strong rallies and painful corrections shaping investor sentiment. According to data from CryptoRank, the last time XRP saw a red September was back in 2021, when it fell sharply by 20.1%. Since then, however, XRP has managed to string together three consecutive green Septembers, including a 46.2% increase in September 2022.

    Related Reading

    This track record shows that while September has the potential to bring losses, it has also been highlighted by gains. Although it is too early to declare a repeat scenario of a red September, the sell-off from millionaires at the beginning of September sets a worrying precedent.

    XRP’s price action is already showing signs of strain, with the token repeatedly facing rejections above $2.8 in recent days. If these millionaire wallets continue to offload their holdings, the bullish sentiment surrounding XRP may weaken, which may lead to further declines.

    At the time of writing, XRP is trading at $2.82, up by 0.2% in the past 24 hours.

    XRP
    XRP trading at $2.84 on the 1D chart | Source: XRPUSDT on Tradingview.com

    Featured image from Adobe Stock, chart from Tradingview.com

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    Scott Matherson

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  • VivoPower Unveils $30M XRP Yield Program With Doppler, Plans $200M Expansion

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    Nasdaq-listed VivoPower International has entered the XRP finance sector with a $30 million treasury deployment through Doppler Finance, marking the first phase of a broader $200 million allocation plan.

    The move positions the energy solutions company as one of the first publicly listed firms to adopt an institutional framework for earning yield on XRP reserves.

    Institutional Adoption Gains Momentum

    Announcing the partnership on September 2, Doppler emphasized that the program will focus on qualified custody, segregated accounts, and real-time proof-of-reserves, aiming to standardize risk controls in XRP-based finance.

    The initial phase involves a $30 million deployment, which the company intends to be the first step toward a total allocation of $200 million. This initiative stands out for its institutional-grade design, prioritizing qualified custody, segregated accounts, and Proof-of-Reserves verification over chasing the highest possible returns.

    In a statement, Kevin Chin, VivoPower’s executive chairman and CEO, said the firm views XRP as a “cornerstone treasury asset” and stressed the strategic importance of South Korea, where an estimated 20% of the global XRP supply is held. Doppler, which has a strong presence in the Korean market, will provide the programmable infrastructure for the initiative.

    This development comes at a time when the Ripple ecosystem is gaining momentum. Gemini recently launched a credit card offering rewards in XRP, while industry players continue to discuss the potential for a spot-based exchange-traded fund.

    Furthermore, the XRP Ledger itself is experiencing growth, particularly in the real-world asset (RWA) tokenization sector, where its market valuation has increased significantly, going from about $130 million in June to $320 million by late August per data from RWA.xyz.

    XRP Price Performance

    Looking at the market, XRP is currently trading at $2.84, gaining a modest 1.3% in the last 24 hours after oscillating between $2.77 and $2.86.

    Over the past week, the asset slipped 5.7%, underperforming the broader market’s 0.5% dip. The red also extends to XRP’s one-month performance, where it shed nearly 6% of its price. However, it is still showing a 399% gain year-on-year.

    Technically, XRP remains pressured after falling from its all-time high of $3.65 in mid-July. Analysts previously noted that the token had formed a spinning bottom candlestick pattern, which is often read as a potential reversal after a steep decline.

    Key support has held at $2.7, with resistance levels looming at $2.9 and $3.0. If bulls regain control, a breakout above $3 could set the stage for a test of the $3.6 to $4 zone. However, failure to defend support risks a drop toward $2.5.

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    Wayne Jones

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  • Ripple (XRP) News Today, September 2nd

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    Ripple, along with its native token, went through an eventful week, marked by some interesting announcements and impressive growth.

    Credit Card Focused On XRP Rewards

    Gemini unveiled its latest product last week, a credit card that gives holders varying percentages back from purchases directly in the XRP token.

    Additionally, it will support Ripple’s stablecoin, RLUSD, which can be used for the US spot trading markets on Gemini’s trading platform.

    Another XRP ETF Listing, But With A Twist

    The Securities and Exchange Commission (SEC) in the United States has a long-standing history of delaying ETF decisions for Ripple’s native token, but it could potentially be different this time.

    Filed by an Illinois investment company with over $12 billion in assets under management (AUM), this will not be a regular spot ETF, but it will be classified as an Options Income Fund instead.

    As the name suggests, it will focus on options strategies to generate a monthly yield for investors. They will expire monthly, allowing for a regular strategy reset and a steady income to shareholders.

    Meanwhile, odds of a spot XRP ETF approval by year’s end stand at 87% at the time of writing, according to Polymarket.

    Source: Polymarket

    XRP Ledger Posting Highs

    The project’s underlying blockchain has seen some impressive numbers recently, achieving a real-world asset (RWA) market cap of over $130 million at the end of the second quarter of 2025.

    That same metric, just two months later, taking data from last week, has made an impressive jump of 144% to over $320 million, according to RWA.xyz.

    Source: RWA.xyz

    Price Outlook

    XRP closed off last Tuesday spot on the $3 mark, and, at the time of writing, is trading at around $2.7, a 10% drop, likely caused by profit-taking, macro-related events, or political jitters.

    Current sentiment on social media for the token seems to be bullish, with analysts predicting rallies and potentially new all-time highs. Another popular chartist on X laid out the necessary steps for XRP to break out of its current downfall and head for a new all-time high.

    There are, of course, people preparing for a bear market, and they have presented potential price targets if the buyers fail to take control.

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    Dimitar Popov

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  • Analyst Says XRP Price Is Set To Hit $4 If It Breaks This Resistance Line

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    The XRP price has been one of the most closely watched cryptocurrencies in the market, and technical analysts are now pointing to a major breakout setup that could send its value to new levels. According to TradingView crypto market analyst HolderStat, XRP is currently consolidating, with a critical resistance line standing between the cryptocurrency and a potential surge toward $4. 

    Daily Chart Signals Consolidation Before Breakout

    On the daily timeframe, HolderStat highlights in his chart analysis on TradingView how XRP has recently completed a breakout from a large triangle formation that developed over several months. This move carried the asset sharply higher, but after reaching its peak, the price entered into a consolidation zone.

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    The analyst’s chart now shows that XRP is trading sideways near $3.20-$3.48, indicating that buyers may be soaking up sell pressure while preparing for the next move. The analysis also identifies $3.48 as the immediate resistance line that traders are closely watching. 

    Source: Chart from HolderStat on Tradingview

    HolderStat predicts that a decisive breakout above this resistance line could pave the way toward higher targets at $3.8 and possibly $4, levels not seen since XRP’s previous ATH rally in the 2018 bull market. On the downside, $3.20 remains the key support level. If XRP fails to hold this line, it could face renewed selling pressure, potentially triggering steeper price corrections. 

    Overall, HolderStat’s chart structure suggests that momentum is building for XRP, with sideways price action viewed as a healthy pause before the next leg. At the time of writing, CoinMarketCap data shows the cryptocurrency trading at $3.00, up 2.79% over the past 24 hours and 3.33% in the last seven days. 

    6H Chart Shows Accumulation With Higher Levels

    In a follow-up analysis, HolderStat shared a 6-hour chart, which shows a similar but more detailed accumulation pattern for XRP. The shorter timeframe reveals that the token has been printing higher lows while consolidating within a channel. This type of market behavior often indicates that bulls may be taking control, as bearish pressure subsides. 

    Related Reading

    The analysis also underscores the importance of the $2.70 support level. As long as the XRP price holds this critical zone, HolderStat notes that the bullish structure remains intact, and the price has a strong chance of breaking higher. Building on this momentum, he predicts that a successful move beyond $3.20 – $3.40 on the 6-hour chart would confirm the bullish continuation, reinforcing the outlook presented in the previous daily analysis. 

    The analyst’s findings are further supported by other market watchers. SwallowAcademy, another crypto expert on TradingView, commented that the market appears to be coiling up, with consolidation acting as a springboard for the next potential rally. If momentum picks up, the analyst agrees that XRP could quickly advance toward $3.8 and $4 in the short term.

    XRP
    XRP trading at $3.01 on the 1D chart | Source: XRPUSDT on Tradingview.com

    Featured image from Getty Images, chart from Tradingview.com

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    Scott Matherson

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