XRPHitsATH

🔥🔥XRP Price Rally Draws Attention: Pullbacks Present Buying Opportunities
XRP has initiated a noteworthy upward movement, surpassing the $2.50 mark and setting its sights on further gains past the $2.62 resistance level. As the price currently consolidates, market watchers anticipate the potential for another ascent.
$XRP
XRP's price has embarked on a significant rise, moving decisively beyond the $2.50 threshold and outperforming both Bitcoin and Ethereum in recent trends.
Trading now comfortably above $2.50, XRP has also crossed its 100-hourly Simple Moving Average. A bullish trend line is developing, offering crucial support at $2.53 on the hourly XRP/USD chart sourced from Kraken. Should the pair overcome the $2.62 resistance, a new upward trajectory may commence.

Recent price movements saw XRP break past the $2.55 and $2.62 resistances, eventually peaking above $2.70 before encountering selling pressure. A high of $2.7267 was recorded, followed by a consolidation phase as the price dipped slightly below $2.620. This move retraced to the 23.6% Fib level from the $2.3272 low to the $2.7267 high. XRP remains trading above $2.50, with a supporting trend line aligning closely with the 50% Fib retracement level from the recent upswing.

Moving higher, XRP may face initial resistance at $2.58, with significant barriers at $2.620 and further at $2.720. Surpassing the $2.720 mark could propel the price towards $2.80, potentially reaching $2.920 or even $3.00 in the short term. However, $3.20 may act as a formidable obstacle for continued bullish momentum.

In the scenario where XRP struggles to breach the $2.620 resistance, a downward trend might emerge. Immediate support lies around $2.520 and aligns with the ongoing trend line. Significant support levels further down include $2.440. A decisive break below $2.440 could precipitate a decline towards $2.350, with additional key support situated near $2.250.

Hourly MACD for XRP/USD is gaining momentum in the bullish zone, while the Hourly RSI remains above 50. Key support levels to watch include $2.520 and $2.440, and main resistance levels stand at $2.620 and $2.720...

🔥‼️Ripple CTO: Countless Opportunities In XRPL, RLUSD and XRP For Devs and Users....
Table of Contents
🔴Regulatory Approval Marks a Milestone for RLUSD
🔴Unlocking New Use Cases and On-Chain Liquidity
🔴Ripple’s Long-Term Vision for XRPL Adoption
Ripple’s Chief Technology Officer, David Schwartz, has emphasized the significance of RLUSD’s global launch following Ripple’s official announcement: “The wait is over: RLUSD launches globally tomorrow!” Schwartz expressed enthusiasm for the stablecoin’s potential to increase liquidity, enhance XRPL adoption, and unlock real-world use cases across the XRP Ledger ecosystem.
In his tweet, Schwartz stated, “Since the idea of $RLUSD many months ago to launch in a matter of hours, I’ve been looking forward to more use cases realized on the XRPL and more liquidity on-chain with a trusted stablecoin like RLUSD. Countless opportunities are here for devs and users who want the benefits of XRPL, RLUSD and XRP.”
Regulatory Approval Marks a Milestone for RLUSD
The global launch of RLUSD follows a recent regulatory milestone, as Ripple received final approval for its stablecoin from the New York Department of Financial Services (NYDFS).
Known for its strict regulatory standards, the NYDFS approval underscores RLUSD’s compliance and credibility within the digital asset market. RLUSD, designed to maintain a 1:1 peg to the U.S. dollar, offers transparency, stability, and reliability for users globally.
This regulatory achievement further strengthens Ripple’s position in the digital payments and stablecoin sectors, ensuring that RLUSD is a trusted asset for enterprises, developers, and end-users
Unlocking New Use Cases and On-Chain Liquidity
The introduction of RLUSD is expected to drive liquidity and innovation within the XRP Ledger (XRPL), a decentralized and open-source blockchain network. Known for its speed, scalability, and low transaction costs, XRPL will benefit from RLUSD as a stable, on-chain asset for payments, lending, decentralized finance (DeFi), and other financial services.
Schwartz highlighted RLUSD’s role in creating “countless opportunities” for developers and users. The stablecoin’s launch allows developers to build applications with reduced volatility risks, offering reliable solutions for cross-border transactions, decentralized applications (dApps), and financial products.
Ripple’s Long-Term Vision for XRPL Adoption
RLUSD’s launch aligns with Ripple’s strategy to expand the utility of XRPL and accelerate blockchain adoption globally. As a trusted stablecoin, RLUSD is expected to attract new participants to the ecosystem, improving liquidity for businesses and users while fostering innovation in financial services.
David Schwartz’s remarks reflect Ripple’s broader goal of bridging traditional finance with blockchain technology.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

XRP breaks through key resistance, signaling renewed bullish momentum.
🔴Analyst Dark Defender targets $5.85 and $8.76 as near-term price levels.
🔴Key support zones identified for potential retracement, including $2.29 and $2.02.
XRP broke out on the 4-hour chart after two weeks of consolidation. Technical analyst Dark Defender has analysed and updated data to confirm this as a bullish momentum.
The breakout occurred as XRP broke through a key descending trendline that had suppressed its price since it touched $2.87 on December 4. The latest move is further supported by a bullish signal on the Ichimoku Cloud and an RSI Golden Cross, which indicates growing buying strength.
🔴XRP Price Targets After Breakout Confirmation
According to Dark Defender, XRP’s next step is securing a daily close above $2.52 for further confirmation. If this happens, the token’s price will likely head for $2.72 in the near term, with longer-term targets of $5.85 and $8.76.

As of this writing, some of these conditions have been met. XRP traded at $2.72 today after a 15% price jump. It is now at $2.69. With this level reached, XRP could head for $5.85 next, according to Dark …
$XRP #XRPHitsATH #Xrp🔥🔥