🔥 XRP Heating Up as Stablecoin Growth Powers the Rally 🔥..
XRP bulls making waves again 📈 After two strong sessions price is holding near $3.26 and eyeing the next key test at $3.40 with possible run toward the all time high of $3.66.
💡 What is driving the momentum?
The XRP Ledger stablecoin market cap jumped 46% in just one week reaching $166M (DefiLlama data)...
Ripples own USD-pegged stablecoin RLUSD now accounts for more than half of that value..
Mesh payment network handling 50+ tokens has officially integrated RLUSD. .Merchants can now accept it at checkout and users can deposit transfer and spend it with ease...
⚡ Market signals:
Futures Open Interest surged 9% this week to $8B hinting at rising speculative activity...
Trading volume jumped 20% to $12.5M showing fresh capital is flowing in..
RSI remains above the midline signaling strong bullish control...
XRP breaks above $3.40 with strong volume the path toward the $3.66 peak could open quickly 🚀...
📊 Support levels to watch:
$3.00 psychological mark
$2.91 (50-day EMA)
Trend Outlook: The combination of stablecoin adoption onchain growth and futures market enthusiasm is giving XRP the fuel it needs for the next big move.
