{"id":35308,"date":"2025-07-05T05:31:48","date_gmt":"2025-07-05T05:31:48","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=35308"},"modified":"2025-07-05T05:31:48","modified_gmt":"2025-07-05T05:31:48","slug":"xrp-traders-eye-10-as-ripples-u-s-banking-bid-builds-market-optimism","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=35308","title":{"rendered":"XRP Traders Eye $10 as Ripple\u2019s U.S. Banking Bid Builds Market Optimism"},"content":{"rendered":"<div>\n<p>XRP showed signs of consolidation over the past 24 hours as the cryptocurrency pulled back slightly from recent highs, shedding 1.07% amid ongoing global economic uncertainty. <\/p>\n<p>Despite the dip, price action remains constructive with higher lows forming above $2.20 \u2014 a level that has emerged as key short-term support. <\/p>\n<p>While macro headwinds continue to pressure digital assets broadly, XRP\u2019s bullish structure and rising institutional narrative, including Ripple\u2019s U.S. bank license application and ETF speculation, are keeping long-term sentiment intact.<\/p>\n<h2>News Background<\/h2>\n<ul>\n<li>The cryptocurrency market remains on edge as geopolitical and trade tensions between major economies continue to cloud investor confidence.<\/li>\n<li>However, XRP\u2019s long-term outlook is bolstered by Ripple\u2019s ongoing push for regulatory clarity and deeper financial integration. <\/li>\n<li>The firm\u2019s recent application for a U.S. national banking license with the OCC, alongside a separate bid for a Federal Reserve master account, could unlock direct access to the Fed\u2019s payment systems \u2014 a groundbreaking development for a crypto-native firm.<\/li>\n<li>Analysts also point to structural bullish signals, with XRP forming higher highs and higher lows across multiple timeframes. <\/li>\n<li>Momentum could further accelerate if Ripple secures ETF approval or regulatory breakthroughs, particularly as XRP is increasingly eyed for CBDC bridge infrastructure by more than 50 countries. <\/li>\n<li>A potential move to $10 \u2014 or even higher \u2014 is being discussed by market observers, contingent on sustained institutional adoption and market alignment.<\/li>\n<\/ul>\n<h2>Technical Analysis<\/h2>\n<p>\u2022 XRP experienced a notable downtrend over the last 24 hours from 4 July 03:00 to 5 July 02:00, declining from $2.243 to $2.219, representing a 1.07% decrease with a trading range of $0.052 (2.32%).<\/p>\n<p>\u2022 The asset encountered strong selling pressure during the 07:00 and 14:00 hours, with volume spikes exceeding 56 million units, establishing key support at $2.209 where buyers consistently emerged.<\/p>\n<p>\u2022 A temporary recovery attempt occurred between 21:00-22:00 with price climbing to $2.230 on above-average volume, but momentum failed to sustain, suggesting continued bearish sentiment.<\/p>\n<p>\u2022 In the last 60 minutes from 5 July 01:06 to 02:05, XRP experienced a notable decline of 0.35%, dropping from $2.225 to $2.217.<\/p>\n<p>\u2022 A significant sell-off occurred at 01:12 where price fell to $2.221 on volume exceeding 418,000 units.<\/p>\n<p>\u2022 The asset found temporary support at $2.216 around 01:29 before staging a recovery attempt at 01:59 with the highest volume spike of nearly 249,000 units, pushing price to $2.219.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>XRP showed signs of consolidation over the past 24 hours as the cryptocurrency pulled back slightly from recent highs, shedding 1.07% amid ongoing global economic uncertainty. Despite the dip, price action remains constructive with higher lows forming above $2.20 \u2014 a level that has emerged as key short-term support. While macro headwinds continue to pressure [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-35308","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35308","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35308"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35308\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35308"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35308"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35308"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}