 
 
According to market analyst Justcryptopays, XRP is currently in a sideways consolidation phase, fluctuating between strong support at $2.60 and resistance around $3.20.
This range-bound movement reflects market indecision as traders await a clear breakout following weeks of heightened volatility in the broader crypto market.
Technical indicators point to cautious optimism. A recent bullish crossover between XRP’s short- and long-term moving averages signals a potential shift in momentum toward the upside.
Historically, such patterns have preceded price rallies, reflecting growing buyer confidence. However, Justcryptopays notes that subdued trading volume suggests market conviction remains weak.
Market sentiment toward XRP remains divided. The altcoin has consistently held above its $2.80 support, attracting steady dip buying, yet faces strong selling pressure near $3.
 
This ongoing standoff has trapped prices in a tight consolidation range, with traders eagerly awaiting a decisive breakout to confirm the next major trend.
Justcryptopays stated, “The overall bias is neutral to slightly bullish.”
At the time of this writing, XRP was trading at $2.63 per CoinGecko data.
Ripple’s National Bank Charter Could Pave the Way for XRPL Integration into the U.S. Banking System
According to crypto analyst SMQKE, Ripple’s pursuit of a national bank charter could be a game-changer for the digital asset industry, paving the way for direct integration of the XRP Ledger (XRPL) into the U.S. banking system.
Such a move would bridge traditional finance with blockchain technology, potentially positioning Ripple at the core of global payment modernization.
A national bank charter from the Office of the Comptroller of the Currency (OCC) would position Ripple as a fully regulated U.S. bank, granting it direct access to the Federal Reserve’s payment infrastructure, including Fedwire and real-time gross settlement systems.
As a result, this could enable instant, blockchain-powered settlements and seamless cross-border transactions through the XRP Ledger.
By embedding the XRPL’s decentralized technology into the core banking network, Ripple could remove intermediaries, cut transaction costs, and accelerate settlements, fundamentally redefining how digital assets integrate with traditional fiat systems.