Ripple's pursuit of a national bank charter, a Fed master account, and the launch of RLUSD positions $XRP as a key bridge asset between traditional finance and crypto.
1. Quick Update
Trading at $3.15 (+7.5%), range $2.93–3.16
Bullish sentiment driven by charter + ETF + RLUSD momentum
2. Catalysts
Short-term: Filed for national trust charter → +3–8% move
Long-term: GENIUS Act may boost compliance; RLUSD and ISO 20022 adoption → cross-border utility
3. Technical & Scenarios
Breakout from ~$2.28 → $3.15; RSI ~74, MACD bullish
Support: $2.90–3.00; Resistance: $3.40 → if broken, $3.80 target
4. Strategy:
Short-term trader: Buy $3.00–3.10; SL < $2.90; TP $3.40–3.50 on catalyst breakout
Holder: Accumulate $2.50–3.00; invalid if below $2.50; target $5–7 if drivers hold
⚠️ Not financial advice. DYOR & manage your risk.