🚀 Ripple Secures $200M Rail Deal — $XRP Eyes Stablecoin Boom! 🚀
📌 Deal Highlights:
• Ripple acquires Rail for $200M — a stablecoin-powered payments platform.
• Integrates with Ripple Payments (market-leading liquidity & 60+ licenses).
💡 Rail Adds:
• Stablecoin on/off-ramps
• Asset flexibility & treasury solutions
• Premium digital asset liquidity
• Enterprise-grade, compliance-ready payments
📢 Monica Long, Ripple President:
“Stablecoins are becoming a cornerstone of modern finance — with Rail, we’re uniquely positioned to drive the next phase of innovation.”
⸻
📈 $XRP Technical Snapshot:
• ✅ Broke short-term downtrend from $2.72 support
• ✅ Trading above key EMAs:
• 50 EMA: $3.01
• 100 EMA: $3.03
• 200 EMA: $2.93
• 🎯 Resistance: $3.10 & $3.32 (July peak)
• 📉 OI down 34% from July highs ($10.94B → $7.23B) — possible breakout fuel
⚠️ Watch Levels:
• Hold above $3.00 = bullish continuation
• Lose $3.00 → eyes on $2.93 & $2.72
⸻
📊 Outlook:
With US easing crypto innovation barriers, Ripple could see higher demand for $XRP & its RLUSD stablecoin in coming months.