Ripple's RLUSD Stablecoin Launches on FLOQ in Indonesia

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Jun 20 2026

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Market Access: Ripple's RLUSD stablecoin has been listed on Indonesia's FLOQ digital asset platform, providing over 1.8 million registered users access to this digital dollar-pegged asset, significantly enhancing its market presence in Southeast Asia.
Financial Transformation: This development signifies Ripple's ambition to transform RLUSD from a mere digital asset into a practical tool for everyday financial transactions, driving change in Indonesia's digital finance sector and aligning with its global expansion strategy.
Partnership Milestone: FLOQ regards this listing as a landmark moment in its partnership with Ripple, aiming to provide a reliable digital asset framework for Indonesia's rapidly evolving financial landscape, thereby enhancing market transparency and accessibility.
Liquidity Enhancement: The introduction of XRP/RLUSD trading pairs on the Gate platform broadens liquidity channels, promotes global stablecoin adoption, and drives innovation and efficiency in cross-border transactions.

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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 6 technical signals, shows that 3 indicators are flashing buy, while 3 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	0.853	0.931	1.008	1.086	1.163	1.241	1.318
Fibonacci	0.931	0.99	1.027	1.086	1.145	1.182	1.241

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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