{"id":13390,"date":"2025-10-14T18:44:08","date_gmt":"2025-10-14T18:44:08","guid":{"rendered":"https:\/\/bitunikey.com\/news\/xrp-price-rare-candle-points-to-a-rebound-a-rlusd-nears-1b-milestone\/"},"modified":"2025-10-14T18:44:13","modified_gmt":"2025-10-14T18:44:13","slug":"xrp-price-rare-candle-points-to-a-rebound-a-rlusd-nears-1b-milestone","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/xrp-price-rare-candle-points-to-a-rebound-a-rlusd-nears-1b-milestone\/","title":{"rendered":"XRP price rare candle points to a rebound a RLUSD nears $1b milestone"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">XRP price has rebounded by more than 40% from its lowest point last Friday. The rebound could accelerate after the formation of a rare candlestick pattern and as growth in the Ripple USD stablecoin continues.<\/p>\n<div id=\"cn-block-summary-block_ea0852b6c6a377db7eb24ac79cdcf251\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>XRP price has formed a large hammer candlestick pattern on the three-day chart.<\/li>\n<li>The Ripple USD stablecoin total supply is nearing the $1 billion milestone.<\/li>\n<li>Ripple price will likely benefit from the potential XRP ETF approval.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Ripple (XRP) token jumped to a high of $2.5130 on Tuesday as most cryptocurrencies rebounded following last week\u2019s plunge.\u00a0<\/p>\n<h2 class=\"wp-block-heading\">Ripple USD stablecoin is nearing a $1 billion milestone<\/h2>\n<p>One of the main catalysts for XRP is the ongoing growth of the Ripple USD (RLUSD) stablecoin. According to CoinMarketCap, the token\u2019s market cap has jumped to $840 million from $53 million on January 1.<\/p>\n<p>This growth makes it one of the fastest-growing stablecoins in the crypto industry. If the trend continues, the coin\u2019s market capitalization will soon cross the $1 billion milestone.<\/p>\n<p>Data compiled <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/app.artemisanalytics.com\/asset\/rlusd?from=assets&amp;tab=stablecoins\" target=\"_blank\" rel=\"nofollow\">by Artemis<\/a> show that RLUSD usage is accelerating. The number of holders rose by 15% in the last 30 days to about 5,000, while the number of transactions jumped by 46% to 457,000. As a result, adjusted transaction volume rose by 470% to $2.2 billion.<\/p>\n<p>Still, the only challenge is that most of the RLUSD supply is on Ethereum (ETH), with only $91 million being in the XRP Ledger.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>XRP price will also benefit from rising institutional demand among American investors. The recently launched XRPR ETF has already reached $90 million in assets, a trend that may continue as inflows increase.<\/p>\n<p>This growth is a sign of investor interest in the token, which has an expense ratio of 0.75%. As such, other, cheaper XRP ETFs from companies such as Franklin Templeton and 21Shares will likely attract substantial inflows.<\/p>\n<p>Another sign of XRP demand is the recently launched XRPFI product by Flare (FLR), which has attracted more than $60 million in assets three weeks after its launch. The XRPFI token enables users to use XRP in decentralized finance.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Almost $60m XRP on Flare with most active in DeFi.<\/p>\n<p>The XRPFi flywheel is spinning.<\/p>\n<p>Here\u2019s what you can do with your FXRP today\ud83d\udc47 <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/e8sQ5ijx7S\">pic.twitter.com\/e8sQ5ijx7S<\/a><\/p>\n<p>\u2014 Flare \u2600\ufe0f (@FlareNetworks) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/FlareNetworks\/status\/1976371544671793235?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">October 9, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<h2 class=\"wp-block-heading\">XRP price technical analysis\u00a0<\/h2>\n<figure class=\"wp-block-image size-large\"><\/figure>\n<p>XRP price chart | Source: crypto.news<\/p>\n<p>The three-day chart shows that the XRP price bottomed at $1.7768 as the crypto market crash happened<strong> <\/strong>on Friday last week. It moved to its lowest level since April 7 this year.<\/p>\n<p>XRP price has now formed a large hammer candlestick pattern, which often leads to a strong bullish breakout. This pattern is made up of a long lower shadow that is often twice the size of the body. It has a small body and little or no upper shadow.<\/p>\n<p>The pattern indicates that sellers drove the token much lower before buyers stepped in and pushed it higher. This pattern could also be a sign that the recent crash was a shakeout that could lead to more gains as weaker traders are forced out.<\/p>\n<p>Therefore, further gains will likely push XRP much higher, potentially to the year-to-date high of $3.665, which is about 46% above the current level.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP price has rebounded by more than 40% from its lowest point last Friday. The rebound could accelerate after the formation of a rare candlestick pattern and as growth in&hellip;<\/p>\n","protected":false},"author":1,"featured_media":12587,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-13390","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13390","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=13390"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13390\/revisions"}],"predecessor-version":[{"id":13391,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13390\/revisions\/13391"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/12587"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=13390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=13390"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=13390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}