{"id":36098,"date":"2025-07-10T06:46:44","date_gmt":"2025-07-10T06:46:44","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=36098"},"modified":"2025-07-10T06:46:44","modified_gmt":"2025-07-10T06:46:44","slug":"xrp-traders-target-6-as-ripples-rlusd-surges-past-500m-market-cap","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=36098","title":{"rendered":"XRP Traders Target $6 as Ripple\u2019s RLUSD Surges Past $500M Market Cap"},"content":{"rendered":"<div>\n<p>XRP (XRP) is hovering above a key support at $2.34, and traders are betting on a breakout toward $2.65 in the coming weeks.<\/p>\n<p>A move higher would mark the upper bound of a consolidation range that\u2019s held since December 2024, a range that\u2019s seen steady accumulation even as retail interest waned.<\/p>\n<p>Arthur Azizov, founder of B2 Ventures, said the token is \u201clikely to move towards a new local high around $2.65\u201d if it continues to hold above current levels.<\/p>\n<p>\u201cSince XRP has been in accumulation for quite a long time, the outlook remains positive,\u201d he said in a Thursday note to CoinDesk, noting that a clean breakout from the range could push the token toward the $4\u2013$6 zone.<\/p>\n<p>That view is echoed by other technical analysts, who flag multiple bullish formations \u2014 including a symmetrical triangle and bull flag \u2014 supporting the case for a $2.60\u2013$2.65 retest. If broken, those levels could act as a springboard for a move toward multi-year highs.<\/p>\n<p>Sentiment has been bolstered by <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/07\/08\/xrp-futures-open-interest-zooms-to-5-month-high-as-traders-seek-bullish-bets#:~:text=Cumulative%20open%20interest%20is%20currently,active%20at%20a%20given%20time.\">growing open interest in XRP derivatives<\/a>, tightening volatility bands, and <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/07\/09\/xrp-clears-228-on-breakout-volume-eyes-230-on-ripples-banking-charter-push\">apparent whale accumulation<\/a>.<\/p>\n<p>Meanwhile, Ripple\u2019s stablecoin RLUSD crossed a $500 million market cap on Wednesday, less than eight months after launch.<\/p>\n<p>The dollar-backed token now ranks among the top 20 stablecoins globally, backed by custody from BNY Mellon and integrated across platforms like Transak and OpenPayd.<\/p>\n<p><strong><em>Read more: <a href=\"https:\/\/www.coindesk.com\/business\/2025\/07\/09\/ripple-taps-bny-mellon-to-custody-stablecoin-reserves-as-rlusd-surpasses-usd500m\">Ripple Taps BNY to Custody Stablecoin Reserves as RLUSD Surpasses $500M<\/a><\/em><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>XRP (XRP) is hovering above a key support at $2.34, and traders are betting on a breakout toward $2.65 in the coming weeks. A move higher would mark the upper bound of a consolidation range that\u2019s held since December 2024, a range that\u2019s seen steady accumulation even as retail interest waned. Arthur Azizov, founder of [&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-36098","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\/36098","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=36098"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/36098\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=36098"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=36098"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=36098"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}