Fed Proposal to Allow Intermediaries in FedNow Could Boost Ripple
- Policy Shift: On April 8, 2026, the Federal Reserve proposed allowing U.S. banks and credit unions to use intermediaries in the FedNow service, a change that could open new cross-border payment corridors and strengthen Ripple's position in the real-time settlement market.
- Cross-Border Payment Efficiency: The new framework will enable intermediaries to facilitate fund transfers between transacting banks, addressing the current structural limitation of FedNow being restricted to U.S. banks, which is expected to significantly reduce settlement times from days to seconds for cross-border transactions.
- Strategic Opportunity for Ripple: Ripple's national trust bank charter went live on April 1, 2026, and its pending Fed master account application could grant direct access to FedNow and FedWire, further solidifying its role in cross-border payment infrastructure.
- Market Reaction and Risks: While XRP saw a 2.98% increase over 24 hours, the overall market sentiment remains in
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Technical Analysis for MAJOR
Technical Sentiment Analysis for Major (MAJOR). As of , Major (MAJOR) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for MAJOR 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, MAJOR 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 $-.
Major (MAJOR) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0545 | 0.0571 | 0.0595 | 0.0622 | 0.0646 | 0.0672 | 0.0697 |
| Fibonacci | 0.0571 | 0.059 | 0.0602 | 0.0622 | 0.0641 | 0.0653 | 0.0672 |
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