Ripple has applied for a bank charter, seeking a Fed master account and preparing to launch RLUSD stablecoin – $XRP becoming a "bridge" between traditional finance and Web3.
---
1. Quick update today
Current price: ~$3.15 (+7.5% today)
Daily range: $2.93–$3.16
Sentiment: Very positive – thanks to expectations on bank charter, ETF, and stablecoin
→ “Smart money” and whales are closely watching moves from OCC and GENIUS Act
---
2. News & price momentum
🔹 Short-term catalysts
Ripple applies for national bank charter → XRP rebounds +3–8% short-term
Fed Master Account application, confirmed by BNY Mellon as the custodian for RLUSD
🔸 Long-term narratives
GENIUS Act is nearing passage, paving the way for bank-issued stablecoins – RLUSD fully integrated
XRP Ledger is designed ready for CBDC, ISO 20022 standards, placing XRP in a unique position for cross-border finance
---
3. Technical analysis & scenarios
Strong price breakout from the $2.28 range after charter/ETF news spread
RSI ~74 → overbought signal, possibility of slight pull-back
MACD continues upward trend, volume remains high
Support: $2.90–3.00
Resistance: $3.40 → if broken → continue to $3.80
Scenario:
➕ Bull case: charter/ETF progressing well → $3.40–3.80
➖ Bear case: closing price below $2.90 → could retest $2.50
---
4. Proposed investment strategy
Short-term trader
Buy: $3.00–3.10
SL: < $2.90
TP: $3.40–3.50
Trigger: volume breakout + charter/ETF news
Medium to long-term holder
Monitor narrative: bank charter, ETF, CBDC stablecoin
Accumulation: $2.50–3.00
When losing < $2.50
Target: if narrative holds → aiming for $5–7 in the next 1–2 years
⚠️ Not investment advice. DYOR & manage capital.
> “XRP is not just a token – it stands at the intersection of banks, stablecoins, and Web3.”
