Ripple Partners with BNY Mellon to Drive On-Chain Cash Movement for XRP

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Jan 12 2026

XRP+0.693%

X-1.1%

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Accelerated Institutional Adoption: Ripple's partnership with BNY Mellon has launched tokenized deposit services for institutional clients, enabling traditional banking systems to directly access digital assets, marking XRP's significant role in the financial ecosystem.
On-Chain Cash Movement: BNY Mellon's tokenized deposit service mirrors client deposit balances on-chain, enhancing digital cash capabilities and is expected to attract more institutional clients to utilize XRP for cash flows.
Infrastructure Integration: XRP, the XRP Ledger, and RLUSD are part of the infrastructure layer that bridges traditional and digital markets, further solidifying Ripple's long-term strategy.
Market Scale Potential: X Finance Bull emphasized the “trillions” in bank deposits, indicating that the collaboration between Ripple and BNY Mellon will present substantial market opportunities for XRP holders, driving growth in the crypto ecosystem.

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Technical Analysis for XRP

Technical Sentiment Analysis for XRP (XRP). As of , XRP (XRP) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 4 indicators are flashing buy, while 1 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	1.124	1.221	1.314	1.412	1.505	1.603	1.696
Fibonacci	1.221	1.294	1.339	1.412	1.485	1.53	1.603

About XRP

Launched in 2012, the XRP Ledger (XRPL) is an open-source, permissionless and decentralized technology. Benefits of the XRP Ledger include its low-cost ($0.0002 to transact), speed (settling transactions in 3-5 seconds), scalability (1,500 transactions per second) and inherently green attributes (carbon-neutral and energy-efficient). The XRP Ledger also features the first decentralized exchange (DEX) and custom tokenization capabilities built into the protocol. Since 2012, the XRP Ledger has been operating reliably, having closed 70 million ledgers.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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