The momentum behind XRP continues to build as the cryptocurrency breaks key technical resistance levels and Ripple Labs advances its bold regulatory ambitions in the United States. With price action showing strong bullish signals and institutional interest rising, investors are asking: Can XRP sustain its rally toward $2.65?
This article dives into the latest price movements, Ripple’s strategic push for a U.S. national bank charter, growing market sentiment, and what these developments could mean for XRP’s future.
XRP Breaks Key Resistance Amid Rising Market Confidence
XRP has regained upward momentum, trading at $2.29 with a gain of over 2.5% on Thursday. The surge follows a decisive breakout above the 100-day exponential moving average (EMA) resistance, a technical milestone that has historically signaled long-term trend reversals.
For much of the week, XRP struggled to break past $2.22—a level that acted as strong resistance. However, renewed buying pressure pushed the price higher, coinciding with broader optimism across the crypto market.
According to CoinGlass data, open interest (OI) in XRP futures has climbed to $4.47 billion**, reflecting increased trader participation and confidence. Meanwhile, trading volume surged **93% to $7.31 billion, underscoring strong market engagement.
👉 Discover how global financial shifts are fueling digital asset adoption today.
These metrics suggest that both retail and institutional traders are positioning for further upside—especially as Ripple strengthens its regulatory footprint in the U.S. financial system.
Ripple Files for U.S. National Bank Charter
In a major move toward mainstream financial integration, Ripple CEO Brad Garlinghouse announced on Wednesday that the company has formally applied to the Office of the Comptroller of the Currency (OCC) for a national bank charter.
If approved, this would place Ripple under dual oversight—from both the New York Department of Financial Services (NYDFS) and federal banking regulators—marking a significant step in legitimizing blockchain-based financial services within traditional banking frameworks.
This application comes just days after Ripple sought a Federal Reserve master account, which would allow it to hold reserves for RLUSD—the company's USD-pegged stablecoin—directly with the Fed. Such access would enhance transparency, security, and trust in RLUSD, positioning it as a credible alternative to other dollar-backed stablecoins.
"Ripple has always focused on building trusted, battle-tested, and secure infrastructure," Garlinghouse stated on X. "In a $250 billion+ market, RLUSD stands out by prioritizing compliance and setting the standard institutions expect."
With over $469 million in circulation, RLUSD is already gaining traction as a regulated stablecoin designed for cross-border payments and institutional use.
Strategic Partnerships Expand Global Reach
On Monday, Ripple announced a new partnership with OpenPayd, aimed at enhancing cross-border payment capabilities by integrating fiat currencies like the euro (EUR) and British pound (GBP) into its network.
This collaboration strengthens Ripple’s position as a provider of compliant, institutional-grade financial infrastructure, enabling faster settlements, improved liquidity access, and streamlined treasury management.
Key benefits include:
- Real-time international transfers
- Direct access to USD liquidity pools
- Regulatory-compliant transaction tracking
- Scalable solutions for banks and fintechs
Such integrations not only boost utility but also reinforce investor confidence in XRP’s long-term viability as a cornerstone of modern payment systems.
Technical Outlook: Bullish Patterns Signal Further Upside
From a technical perspective, XRP is showing strong signs of a sustained uptrend.
The price now trades above both the 50-day EMA ($2.21)** and **100-day EMA ($2.22), two critical indicators of medium- to long-term momentum. Additionally, XRP appears poised to break out of a descending trendline resistance on the daily chart—a pattern often associated with bullish continuation.
The MACD (Moving Average Convergence Divergence) indicator has maintained a buy signal since last Saturday, reinforcing positive momentum. As long as the MACD remains above its signal line, the bias favors further gains.
Meanwhile, the Relative Strength Index (RSI) has climbed from a low of ~35 to 57, indicating growing bullish dominance without yet entering overbought territory (typically above 70). This suggests room for upward movement before potential consolidation.
While caution is warranted—especially if RSI approaches 70 or resistance holds near $2.35—the overall technical structure supports a path toward **$2.65** in the coming weeks.
Understanding Open Interest and Funding Rates
To assess market sentiment accurately, traders often analyze open interest (OI) and funding rates—two powerful on-chain indicators.
What Is Open Interest?
Open interest refers to the total number of outstanding derivative contracts, such as futures or options. A rising OI indicates new capital entering the market, suggesting stronger conviction behind the current trend.
In XRP’s case, the jump to $4.47 billion in OI reflects growing participation and confidence in the ongoing rally.
Conversely, falling OI may signal profit-taking or market exit—often preceding trend reversals.
What Do Funding Rates Tell Us?
Funding rates balance perpetual swap markets by aligning futures prices with spot prices.
- Positive funding rates indicate bullish sentiment—traders are willing to pay premiums to maintain long positions.
- Negative funding rates suggest bearish bias, where short sellers dominate.
Currently, XRP’s funding rates remain moderately positive—supporting the idea that upside momentum is driven by genuine demand rather than speculative excess.
👉 Explore how real-time data and analytics can improve your trading decisions.
Frequently Asked Questions (FAQ)
Q: Why is Ripple applying for a U.S. national bank charter?
A: By obtaining a national bank charter, Ripple aims to operate under full U.S. banking regulations, enhancing trust in its stablecoin RLUSD and enabling deeper integration with traditional financial institutions.
Q: What impact could a bank charter have on XRP’s price?
A: Regulatory approval would likely boost investor confidence, increase institutional adoption, and potentially drive sustained demand for XRP as part of compliant cross-border payment solutions.
Q: Is XRP technically bullish right now?
A: Yes. XRP has broken key moving averages, maintains positive MACD momentum, and shows strengthening RSI—indicating a favorable setup for further gains toward $2.65.
Q: How does RLUSD differ from other stablecoins?
A: RLUSD is fully backed by U.S. dollar reserves and emphasizes regulatory compliance from day one, making it attractive to banks and financial institutions seeking audit-ready digital assets.
Q: What are the risks to XRP’s upward trend?
A: Key risks include failure to break $2.35 resistance, RSI entering overbought territory, or broader macroeconomic shifts affecting risk appetite in crypto markets.
Q: Could XRP reach $3 in 2025?
A: While $2.65 appears achievable in the near term based on current momentum, reaching $3 would require continued regulatory progress, higher adoption, and favorable market conditions.
Core Keywords Integration
This analysis naturally incorporates high-intent SEO keywords including:
XRP price prediction, Ripple bank charter, XRP technical analysis, RLUSD stablecoin, XRP open interest, Ripple OCC application, XRP to $2.65, and Ripple Federal Reserve account.
These terms reflect active search queries from investors seeking timely insights into XRP’s trajectory amid evolving regulatory and technical landscapes.
👉 Stay ahead of market trends with advanced trading tools and secure digital asset platforms.
Final Thoughts: A New Chapter for Ripple and XRP
Ripple’s dual strategy—combining aggressive regulatory engagement with technological innovation—is reshaping perceptions of blockchain in finance. The push for a national bank charter isn’t just about legitimacy; it’s about building a bridge between decentralized networks and global banking systems.
With XRP showing robust technical strength and growing institutional interest, a move toward $2.65 looks increasingly plausible in the short to medium term.
As macroeconomic uncertainties continue—evident in recent dollar weakness and shifting Fed expectations—investors may turn to compliant digital assets like XRP as both a hedge and a high-growth opportunity.
The road ahead won’t be without volatility, but Ripple’s latest moves suggest it’s playing the long game—and XRP holders may be in for a transformative ride.