Exodus Deepens XRP Ledger Integration as RLUSD Gains Momentum
- Enhanced Self-Custody: Exodus Wallet strengthens its self-custody offering by integrating deeper XRP Ledger support and introducing new in-app tools for managing XRP and RLUSD, thereby enhancing user experience and meeting rising demand for advanced functionalities.
- Liquidity Efficiency Boost: Ripple's RLUSD stablecoin is gaining traction, with Bitrue adding it as futures collateral, which enhances traders' flexibility in capital allocation and management, further positioning RLUSD as a practical tool for institutional trading.
- Cross-Border Payment Research: SBI Ripple Asia and DSRV have launched a joint initiative to study improvements in cross-border payments between Japan and South Korea, evaluating the XRP Ledger as a potential settlement layer, reflecting the blockchain's application potential in international transfers.
- Ecosystem Evolution: The ecosystem is evolving towards deeper financial utility, as evidenced by upgrades in self-custody wallet functionalities, stablecoins entering new roles in derivatives collateral, and XRP Ledger's exploration for settlement in Asia, moving away from mere speculation.
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Technical Analysis for XRP
Technical Sentiment Analysis for XRP (XRP). As of , XRP (XRP) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 4 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for XRP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, XRP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
XRP (XRP) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 1.161 | 1.24 | 1.308 | 1.387 | 1.455 | 1.534 | 1.602 |
| Fibonacci | 1.24 | 1.296 | 1.331 | 1.387 | 1.444 | 1.478 | 1.534 |
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