{"id":35676,"date":"2025-07-08T09:31:52","date_gmt":"2025-07-08T09:31:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=35676"},"modified":"2025-07-08T09:31:52","modified_gmt":"2025-07-08T09:31:52","slug":"ripple-sec-news-xrp-nears-banking-license-and-faces-critical-support-test","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=35676","title":{"rendered":"Ripple SEC News: XRP Nears Banking License And Faces Critical Support Test"},"content":{"rendered":"<div>\n<p>The evolution of <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/crypto-presales\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Web3 banking <\/a>is starting. XRP is applying to become a bank in the latest Ripple SEC news. So should I sell my house to buy more XRP? Short answer: NO, but the price is in a crucial position.<\/p>\n<p>After briefly spiking to $2.32, XRP has slipped toward the $2.25 range.\u00a0 Price action is tightening along the lower Bollinger Band, pointing to volatility compression.<\/p>\n<p>That\u2019s typically a precursor to <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">a major move<\/a>, and right now, the bias is leaning south. If we won\u2019t moon today, when will we moon then?<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The world\u2019s new bank won\u2019t look like a building.<br \/>It will look like code.<br \/>It will sound like silence.<br \/>And it will settle in XRP. <a href=\"https:\/\/t.co\/cK4Mu9yU3p\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/cK4Mu9yU3p<\/a><\/p>\n<p>\u2014 \u1d0d\u1d07\u0280\u029f\u026a\u0274 \u1d1b\u029c\u1d07 \u1d21\u026a\u1d22\u1d00\u0280\u1d05 (@MerlinXRP) <a href=\"https:\/\/twitter.com\/MerlinXRP\/status\/1940769844955435384?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">July 3, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">20+ Next Crypto to Explode in 2025<\/a><\/strong><\/p>\n<h2>Death Cross and MACD Add Bearish Pressure<\/h2>\n<p>Ripple Labs is making a play for Wall Street legitimacy. A July 2 filing with the U.S. Office of the Comptroller of the Currency seeks a national bank charter that would let Ripple operate as a federally regulated trust bank.<\/p>\n<p>If approved, it puts XRP in the running for <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-cryptocurrency\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">institutional-grade use<\/a>, from cross-border payments to potential stablecoin infrastructure.<\/p>\n<p>99Bitcoins analysts see the move as a strategic end-run around slow-moving crypto regulation, potentially clearing a path for Ripple to secure Fed master account access and an eventual XRP spot ETF.<\/p>\n<p><strong> In short:<\/strong> bros, it\u2019s only just beginning for us. Long-term, it could mean a solid tradfi-defi integration for XRP with more liquidity management and use cases for the token.<\/p>\n<figure id=\"attachment_256904\" aria-describedby=\"caption-attachment-256904\" style=\"width: 2520px\" class=\"wp-caption alignnone\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full wp-image-256904\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/07\/XRP_USDT.png\" alt=\"\" width=\"2520\" height=\"889\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/07\/XRP_USDT.png 2520w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/07\/XRP_USDT-300x106.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/07\/XRP_USDT-1024x361.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/07\/XRP_USDT-768x271.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/07\/XRP_USDT-1536x542.png 1536w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/07\/XRP_USDT-2048x722.png 2048w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/07\/XRP_USDT-50x18.png 50w\" sizes=\"(max-width: 2520px) 100vw, 2520px\"><figcaption id=\"caption-attachment-256904\" class=\"wp-caption-text\">(<a class=\"general-link\" href=\"https:\/\/www.tradingview.com\/chart\/A4aJB7ow\/?symbol=BITSTAMP%3ABTCUSD\" target=\"_blank\" rel=\"nofollow noopener sponsored nofollow\">XRPUSDT<\/a>)<\/figcaption><\/figure>\n<p>Conversely, technical indicators aren\u2019t doing XRP bulls any favors. A \u201cdeath cross\u201d recently formed on the daily chart, with the 20-day moving average crossing below the 200-day. That\u2019s historically a bearish signal, often followed by extended downside.<\/p>\n<p>At the same time, the MACD has flipped negative, crossing beneath the signal line.<\/p>\n<p><strong>DISCOVER:\u00a0<\/strong><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-meme-coin-icos\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\"><strong>Best Meme Coin ICOs to Invest in 2025<\/strong><\/a><\/p>\n<h2>Head and Shoulders Pattern Raises Breakdown Risk<\/h2>\n<p>Adding to the short-term bear case, XRP is flashing a head-and-shoulders pattern on the daily chart. If $2.23 gives out, the next stop could be $2.20 or lower, with $2.15 waiting in the wings. Volume has also dried up since the last rally.<\/p>\n<p>Lower timeframes show more of the same. XRP\u2019s been boxed between $2.25 and $2.35 for hours now. A brief bounce off $2.26 got smothered at resistance, suggesting the bulls may be losing steam.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">XRP pump did NOT die<\/p>\n<p>she\u2019s taking a breather, there\u2019s a difference<\/p>\n<p>\u2014 danny (@defiphvntom) <a href=\"https:\/\/twitter.com\/defiphvntom\/status\/1942327876717797865?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">July 7, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>\u00a0<\/p>\n<p>Despite recent weakness, the broader trend still favors the bulls. The daily chart shows a series of <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/high-risk-high-reward-crypto\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">higher lows since XRP bottomed<\/a> at $1.908, and the 10 to 100-day EMAs continue to flash buy signals. However, the 200-day SMA now sits above current price at $2.36, acting as a lid on further upside.<\/p>\n<h2>XRP on the Edge: $2.25 or Bust<\/h2>\n<p>XRP keeps climbing out of its $1.90 bottom, marking higher lows and clinging to buy signals from short and mid-term EMAs. Yet the 200-day simple moving average, now at $2.36, isn\u2019t budging.<\/p>\n<p>If support at $2.25 breaks with conviction, the structure risks unwinding toward $2.20 or lower. On the other hand, a bounce with volume could reignite momentum and set up another test of the $2.35\u2013$2.40 range.<\/p>\n<p>Traders should watch $2.25 like a hawk because it\u2019s the fulcrum for what happens next.<\/p>\n<p><strong>EXPLORE: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/tether-ceo-paolo-ardoino-hopes-for-net-positive-from-us-elections-says-bitcoin-strategic-reserve-is-a-great-idea-99bitcoins-exclusive\/\" target=\"_blank\" rel=\"noopener\">Tether CEO Paolo Ardoino Hopes For Net Positive From US Elections, Says Bitcoin Strategic Reserve Is A Great Idea: 99Bitcoins Exclusive<\/a><\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"noopener nofollow\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<\/p>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n        TXRP is applying to become a bank in the latest Ripple SEC news.    <\/li>\n<\/p>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Despite recent weakness, the broader trend still favors the bulls. The daily chart shows a series of higher lows since XRP bottomed    <\/li>\n<\/p>\n<\/ul>\n<\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/ripple-sec-news-xrp-nears-banking-license-and-faces-critical-support-test\/\">Ripple SEC News: XRP Nears Banking License And Faces Critical Support Test<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The evolution of Web3 banking is starting. XRP is applying to become a bank in the latest Ripple SEC news. So should I sell my house to buy more XRP? Short answer: NO, but the price is in a crucial position. After briefly spiking to $2.32, XRP has slipped toward the $2.25 range.\u00a0 Price action [&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-35676","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\/35676","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=35676"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/35676\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35676"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35676"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35676"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}