Gemini's Announcement: Gemini has teased the launch of an XRP-branded Mastercard, generating excitement within the XRP community, with a potential launch date of August 25, 2025.
Current XRP Performance: Despite the announcement, XRP's price has been in a downtrend, dropping 14.7% over the past week and 22% from its yearly high.
Technical Indicators: Technical analysis suggests that selling pressure is decreasing, with indicators like the Average Directional Index indicating a weakening trend, which may signal a potential reversal for XRP.
Market Reactions: The launch could either boost XRP's momentum similar to past cryptocurrency announcements or lead to a "sell the news" reaction if traders anticipate the news ahead of time.
