{"id":79029,"date":"2025-07-08T09:18:42","date_gmt":"2025-07-08T09:18:42","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=79029"},"modified":"2025-07-08T09:18:42","modified_gmt":"2025-07-08T09:18:42","slug":"ripple-sec-news-xrp-nears-banking-license-and-faces-critical-support-test","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=79029","title":{"rendered":"Ripple SEC News: XRP Nears Banking License And Faces Critical Support Test"},"content":{"rendered":"

The evolution of 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

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

That\u2019s typically a precursor to 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

The world\u2019s new bank won\u2019t look like a building.
It will look like code.
It will sound like silence.
And it will settle in XRP. pic.twitter.com\/cK4Mu9yU3p<\/a><\/p>\n

\u2014 \u1d0d\u1d07\u0280\u029f\u026a\u0274 \u1d1b\u029c\u1d07 \u1d21\u026a\u1d22\u1d00\u0280\u1d05 (@MerlinXRP) July 3, 2025<\/a><\/p>\n\n

DISCOVER: 20+ Next Crypto to Explode in 2025<\/a><\/strong><\/p>\n

Death Cross and MACD Add Bearish Pressure<\/h2>\n

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

If approved, it puts XRP in the running for institutional-grade use<\/a>, from cross-border payments to potential stablecoin infrastructure.<\/p>\n

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

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

(XRPUSDT<\/a>)<\/p>\n

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

At the same time, the MACD has flipped negative, crossing beneath the signal line.<\/p>\n

DISCOVER:\u00a0<\/strong>Best Meme Coin ICOs to Invest in 2025<\/strong><\/a><\/p>\n

Head and Shoulders Pattern Raises Breakdown Risk<\/h2>\n

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

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

XRP pump did NOT die<\/p>\n

she\u2019s taking a breather, there\u2019s a difference<\/p>\n

\u2014 danny (@defiphvntom) July 7, 2025<\/a><\/p>\n\n

\u00a0<\/p>\n

Despite recent weakness, the broader trend still favors the bulls. The daily chart shows a series of 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

XRP on the Edge: $2.25 or Bust<\/h2>\n

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

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

Traders should watch $2.25 like a hawk because it\u2019s the fulcrum for what happens next.<\/p>\n

EXPLORE: 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

Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/a><\/strong><\/p>\n

\n

Key Takeaways<\/h2>\n\n

TXRP is applying to become a bank in the latest Ripple SEC news. <\/p>\n

Despite recent weakness, the broader trend still favors the bulls. The daily chart shows a series of higher lows since XRP bottomed <\/p>\n\n<\/div>\n

The post Ripple SEC News: XRP Nears Banking License And Faces Critical Support Test<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

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 […]<\/p>\n","protected":false},"author":0,"featured_media":79030,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-79029","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/79029"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=79029"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/79029\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/79030"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=79029"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=79029"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=79029"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}