{"id":44061,"date":"2025-08-26T06:31:47","date_gmt":"2025-08-26T06:31:47","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=44061"},"modified":"2025-08-26T06:31:47","modified_gmt":"2025-08-26T06:31:47","slug":"xrp-slides-3-even-as-gemini-ripple-credit-card-adds-utility-narrative","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=44061","title":{"rendered":"XRP Slides 3% Even as Gemini-Ripple Credit Card Adds Utility Narrative"},"content":{"rendered":"<div>\n<p>XRP faced steep swings in the August 25\u201326 trading window, sliding from $3.01 to $2.91 for a 3.2% loss. A burst of institutional liquidation during the 19:00\u201320:00 GMT hour drove the sharpest drop, with volumes tripling daily averages. Recovery attempts late in the session brought the token back above $2.90, but the market remains split on whether upside momentum can sustain.<\/p>\n<h2>News Background<\/h2>\n<ul>\n<li>XRP has traded with elevated volatility through August, with repeated failures above $3.00.<\/li>\n<li>Whale wallets and institutional flows have driven short-term swings, adding pressure on retail positioning.<\/li>\n<li>Broader crypto benchmarks posted steadier gains, leaving XRP trailing peers amid regulatory overhang in the U.S.<\/li>\n<li>Crypto exchange Gemini, founded by Cameron and Tyler Winklevoss, told CoinDesk it has teamed up with Ripple to launch an XRP edition of its credit card in partnership with WebBank. <\/li>\n<li>The card offers up to 4% cashback in XRP on fuel, EV charging and rideshare, 3% on dining, 2% on groceries and 1% on other purchases. Gemini said it is also working with select merchants to offer up to 10% back on eligible spending.<\/li>\n<\/ul>\n<h2>Price Action Summary<\/h2>\n<ul>\n<li>XRP declined 3.24% from $3.01 to $2.91 in 24 hours, within a $0.28 range (9% volatility).<\/li>\n<li>Peak selling occurred between 19:00\u201320:00 GMT as XRP fell from $2.96 to $2.84 on 217.58 million volume, far above the 72.45 million daily average.<\/li>\n<li>The token rebounded 0.69% in the final trading hour, climbing from $2.89 to $2.91 with institutional flows averaging 641,000 per minute.<\/li>\n<\/ul>\n<h2>Technical Analysis<\/h2>\n<ul>\n<li>Resistance confirmed at $2.96, aligning with upper Bollinger Band rejection.<\/li>\n<li>Support built at $2.84\u2013$2.86, consistent with the 20-day moving average zone.<\/li>\n<li>$2.89 intraday floor shows accumulation, with RSI recovering from oversold levels near 42 to mid-50s, suggesting stabilizing momentum.<\/li>\n<li>MACD histogram narrowing toward a bullish crossover, signaling potential shift in short-term trend.<\/li>\n<li>Sustained trading above $2.90 needed to open path toward $3.20\u2013$3.30; break below $2.84 risks slide toward $2.80 support.<\/li>\n<\/ul>\n<h2>What Traders Are Watching<\/h2>\n<ul>\n<li>Bulls target $3.70 if momentum extends and volumes normalize.<\/li>\n<li>Bears flag $2.80 as the breakdown level that could accelerate losses.<\/li>\n<li>Institutional absorption remains key \u2014 whether large players continue supporting bids around $2.89\u2013$2.90 will dictate next leg.<\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>XRP faced steep swings in the August 25\u201326 trading window, sliding from $3.01 to $2.91 for a 3.2% loss. A burst of institutional liquidation during the 19:00\u201320:00 GMT hour drove the sharpest drop, with volumes tripling daily averages. Recovery attempts late in the session brought the token back above $2.90, but the market remains split [&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-44061","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\/44061","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=44061"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/44061\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44061"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44061"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44061"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}