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RLUSD Expansion Supports XRP Price Amid Diverging Technical Signals

Guavy AI Editorial Team
Instruments
ETH XRP LUSD
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Ripple has expanded access to its RLUSD stablecoin, supporting the price of XRP. The move aims to improve institutional transaction efficiency and adoption.

The $1.5 billion market cap of RLUSD and its expansion to Ethereum and XRP Ledger signal its growing role in Ripple's cross-network strategy.

XRP is trading above its key moving averages, indicating supportive short- and medium-term structure. However, the price remains below its MA-200 at $1.3951, and technical signals diverge.

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