XRP Clears $2.28 on Breakout Volume, Eyes $2.30 on Ripple's Banking Charter Push
2025-07-09 04:57:59
Main Idea
XRP's price surged above $2.28 due to Ripple's pursuit of a U.S. banking license, with potential to test $2.38 if the breakout continues.
Key Points
1. XRP broke above the $2.28 resistance level on high trading volume.
2. Ripple's push for a U.S. banking license has fueled bullish momentum for XRP.
3. The next key resistance level to watch is $2.38, which could be tested if the upward trend continues.
Description
Ripple’s push for a U.S. banking license has reignited bullish momentum for XRP, fueling a high-volume breakout above the $2.28 resistance level and setting up a potential test of $2.38 — a level that, if breached, could trigger a larger upside move. News Background Ripple's application for a national trust bank charter with the U.S. Office of the Comptroller of the Currency (OCC) has provided a fundamental catalyst for XRP. The move signals deeper integration into the regulated financial system...
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