BTC has fallen below 80,000, but can XRP still rally against the trend?
The main reason is that Ripple has secured final approval from the U.S. OCC to establish a national trust bank (RNTB). RLUSD stablecoin reserves and custody now fall directly under the federal regulatory framework.
But this is a trust bank, so it can’t take deposits or make loans. In the short term, it’s more of a compliance endorsement; it’s unlikely to trigger a major rally right away.
Looking at the charts, if XRP breaks above 1.35 on rising volume, the first target is 1.55. If it falls below 1.25, I’ll wait and see for now.
The main reason is that Ripple has secured final approval from the U.S. OCC to establish a national trust bank (RNTB). RLUSD stablecoin reserves and custody now fall directly under the federal regulatory framework.
But this is a trust bank, so it can’t take deposits or make loans. In the short term, it’s more of a compliance endorsement; it’s unlikely to trigger a major rally right away.
Looking at the charts, if XRP breaks above 1.35 on rising volume, the first target is 1.55. If it falls below 1.25, I’ll wait and see for now.
