{"id":17926,"date":"2025-12-14T14:21:49","date_gmt":"2025-12-14T14:21:49","guid":{"rendered":"https:\/\/bitunikey.com\/news\/xrp-price-slowly-forms-a-bullish-pattern-amid-good-ripple-news\/"},"modified":"2025-12-14T14:21:58","modified_gmt":"2025-12-14T14:21:58","slug":"xrp-price-slowly-forms-a-bullish-pattern-amid-good-ripple-news","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/xrp-price-slowly-forms-a-bullish-pattern-amid-good-ripple-news\/","title":{"rendered":"XRP price slowly forms a bullish pattern amid good Ripple news"},"content":{"rendered":"
\n

XRP price remains in a deep bear market after erasing billions of dollars in value in the past few months despite some notable news. This pullback may end soon amid key Ripple news and as a bullish pattern forms.<\/p>\n

\n
\n Summary<\/span>\n <\/div>\n
\n
    \n
  • XRP price has formed an inverse head-and-shoulders pattern.<\/li>\n
  • Ripple Labs received a national banking charter last week.<\/li>\n
  • XRP ETF inflows have continued this month.\u00a0<\/li>\n<\/ul><\/div>\n<\/div>\n

    <\/p>\n

    Ripple (XRP) token dropped to the important support at $2, down by over 40% from its highest point this year. It has lagged behind the performance of other tokens like Bitcoin and Ether.<\/p>\n

    XRP price remained under pressure even after a major milestone by Ripple Labs, which received a\u00a0banking charter\u00a0from the Office of the Comptroller of the Currency (OCC) on Friday.<\/span><\/p>\n

    This approval, which a prominent banking lobby has opposed, means that the company will now shift its Ripple USD (RLUSD) assets from BNY. RLUSD now holds $1.3 billion in assets, a figure that will keep growing during the ongoing stablecoin boom.\u00a0<\/p>\n

    The banking charter will also help Ripple Labs start offering custodial services to other companies.\u00a0<\/p>\n

    <\/p>\n

    Meanwhile, XRP price has crashed despite the ongoing ETF inflows. These funds have brought in over $950 million in new money, bringing the total assets to over $1.1 billion. This is important as Solana ETFs are yet to cross the $1 billion asset milestone despite the fact that they were launched earlier than XRP\u2019s.<\/p>\n

    There have been other notable XRP news in the past few months. For example, Ripple Labs is now valued at over $40 billion following investments by Wall Street firms: Citadel and Fortress.\u00a0<\/p>\n

    Additionally, RLUSD has continued getting regulatory approval in more countries, including in the Middle East. Also, Ripple plans to launch on other chains like Solana and Ethereum through a Hex Trust bridge.\u00a0<\/p>\n

    XRP price technical analysis<\/h2>\n
    XRP price chart | Source: crypto.news<\/figcaption><\/figure>\n

    The daily chart shows that the XRP price has moved sideways in the past few days. It has constantly remained below all moving averages, a sign that bears remain in control for now. The Relative Strength Index has continued moving sideways below the neutral point at 50.<\/p>\n

    On the positive side, the token has formed an inverse head-and-shoulders pattern, a popular bullish reversal sign. Therefore, a move above the descending neckline will invalidate the series of lower lows and lower highs it has been forming.<\/p>\n

    Such a move will point to more gains, potentially to the psychological point at $3, which is about 50% above the current level. The bullish XRP price forecast will become invalid if it moves below the key support at $1.18227.<\/p>\n

    <\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

    XRP price remains in a deep bear market after erasing billions of dollars in value in the past few months despite some notable news. This pullback may end soon amid…<\/p>\n","protected":false},"author":1,"featured_media":12775,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-17926","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\/17926","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=17926"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/17926\/revisions"}],"predecessor-version":[{"id":17927,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/17926\/revisions\/17927"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/12775"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=17926"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=17926"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=17926"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}