Altcoins News

Story: Ripple Mints New RLUSD Function While XRP Stalls Below $1.11 Resistance

By Sakamoto Nashi

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XRP's Technical Setup Is Fragile. XRP is trading around $1.11, and that level is proving stubborn.

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Macro Pressure and the LiquidChain Distraction. The broader market isn't helping. Megacap tech stocks have been dragging U.S.

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Ripple just rolled out a Mint function for its RLUSD stablecoin. The move targets minting delays that have frustrated enterprise users and aims to make settlement more…

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The Mint function is basically an infrastructure fix. RLUSD issuance has had friction points that slow down the process, and Ripple's upgrade is meant to smooth that out for…

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XRP is trading around $1.11, and that level is proving stubborn. Traders had been watching a cup and handle pattern build for weeks, but that setup is now at risk of invalidating.

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The downside risk is real, too. Support around $1.08 to $1.10 is the line in the sand. Lose that, and XRP probably slides further.

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Long-term, some analysts throw out numbers like $33 to $67 for XRP. Those figures are based on multi-cycle expectations — we're talking years out, not weeks.

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One thing working in XRP's favor: it's still trading above both its 50-day and 200-day exponential moving averages. That's constructive.

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The broader market isn't helping. Megacap tech stocks have been dragging U.S. indexes lower, with concerns around AI spending and tariffs pushing investors into a risk-off mood.

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See also: XRP Whales Add 2.8% to Holdings While Retail Sellers Exit Fast

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And while XRP traders wait, some attention has drifted toward LiquidChain. It's a Layer 3 protocol that pulls liquidity from Bitcoin, Ethereum, and Solana into a single execution…

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LiquidChain's pitch is about unified liquidity — the idea that developers shouldn't have to choose between ecosystems. It's an interesting concept, but it's early.

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Back to Ripple. The Mint function could matter more down the line if RLUSD starts gaining serious traction with institutions.

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Regulatory uncertainty is still hanging over the whole picture. It's not the loudest noise right now, but it's there, keeping some institutional buyers on the sidelines.

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See also: XRP ETFs Now Hold Record 1.47% of Total Supply Before Senate Crypto Vote

The Currency Analytics

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