Ripple’s RLUSD launch on major global exchanges has drawn strong attention from crypto enthusiasts. The XRP price has jumped recently, with forecasts suggesting it could climb as high as $11. This article explains the effects of RLUSD and what this means for XRP ripple and its future price movements.
XRP Surges 5% Following RLUSD Launch
Ripple’s RLUSD, a new USD-backed asset, was launched on major exchanges and quickly gained attention. This news led to a 5% rise in the XRP price today, pushing it to $2.51. Over the last seven days, XRP coin has added 7.3%. This increase shows growing interest in Ripple’s ecosystem and the potential of RLUSD to attract new transaction volume.
Charts reveal a strong bullish trend on the 4-hour timeframe. Analysts now believe the XRP price USD could move much higher. If current demand continues, XRP price might hit $11 in the coming months. Holders are also watching increased activity on global exchanges, where transaction volumes are higher than in recent weeks. The company’s CEO is also in the spotlight.
Whale Activity and Technical Strength Boost Confidence
Recent reports show whales bought 830 million XRP during this uptrend. This whale activity signals growing confidence among major market players. Historically, such large purchases have led to big price increases. Ripple’s RLUSD launch is adding more value to XRP ripple by bringing new activity and liquidity into the market.
Technical indicators also point to strength. The 10-day moving average is at $2.414, showing a short-term upward trend. The 50-day moving average stands at $1.452, confirming longer-term growth. Meanwhile, the RSI is at 65.33, showing strong momentum without being overbought.
Once the $2.93 resistance level is broken, XRP price USD could quickly target $4.39. From there, analysts say XRP price could climb even further toward $11. If transaction activity continues to rise and whales maintain support, the path to higher targets could become clearer. But, of course, there’s been many different XRP price predictions in the past, too.
RLUSD Adoption Brings XRP Closer to $11
Ripple’s RLUSD launch has been a key driver for the XRP stock growth. Growing demand for RLUSD has brought more attention to Ripple’s ecosystem. This new adoption, combined with whale support, has pushed XRP Ripple closer to breaking major price levels.
The MACD level (12, 26), now at 0.28171, shows steady momentum. Holders are watching resistance at $2.93 closely. If XRP pushes above it, the next target is $4.39. Analysts like Javon Marks believe that this growth could continue. They predict that XRP price USD could eventually hit $11, supported by rising interest in RLUSD, strong buying patterns, and increasing transaction volumes.
The combination of technical strength and new demand for RLUSD has set a bullish tone for XRP coin. This momentum could attract even more holders, fueling higher price levels.
Minotaurus (MTAUR): A Fresh Opportunity for XRP Enthusiasts
Ripple’s RLUSD launch may have sparked the community buzz, but Minotaurus (MTAUR) is creating its own waves, with its presale climbing the ranks rapidly. It has just hit an exciting milestone—890,000 USDT in token sales! The current price of MTAUR stands at 0.00008108 USDT, still a 59% cut off the upcoming listing price of 0.00020 USDT. If you were an early supporter at 0.00004 USDT, your tokens have already increased by 102%.
This is a golden opportunity for anyone looking to get involved in an innovative gaming ecosystem. MTAUR is the key to unlocking powerful features in Minotaurus, giving players an edge in the game. But it’s not just about gaming—Minotaurus’ tokenomics are built for long-term stability, with 10% of tokens dedicated to community incentives.
With over 15,000 members now in the Minotaurus community, the buzz is real. And don’t forget the ongoing 100,000 USDT giveaway—one lucky winner will take home 50,000 USDT in MTAUR! Now’s the time to act before the presale ends and the price climbs higher.
Conclusion
Ripple’s RLUSD launch has acted as a turning point for the XRP price. Whale purchases and technical patterns show growing support for Ripple’s ecosystem. Short-term resistance sits at $2.93, but forecasts suggest XRP coin could move toward $11.
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