Ripple Scores Another Banking Deal as XRP Flashes Buy Signals

Cross River Bank is integrating Ripple’s RLUSD stablecoin directly into its core banking system, while XRP flashes technical buy signals after bouncing off its lows.What the Cross River Partnership CoversCross River announced Thursday that it’s embedding RLUSD, Ripple’s dollar-backed stablecoin, into its Core Operating System, with support for transactions on the XRP Ledger.The move lets fintechs access RLUSD payments through a single API connection, covering real-time settlement and cross-border transactions without needing to build their own blockchain infrastructure.RLUSD (CRYPOTO: RLUSD) settles on the XRP Ledger in 3 to 5 seconds at a fraction of a cent, and the network has processed more than $1.3 trillion in total value to date.Cross River Head of Fintech Banking Adam Goller said the integration lets fintechs move between U.S. dollars and RLUSD, settle cross-border payments 24/7, and access ACH, wires and real-time payments all through one platform.RippleX SVP Markus Infanger said stablecoins will reshape payments by becoming part of banks’ existing infrastructure rather than operating as a separate system.Here’s where RLUSD stands today:Market cap: more than $2.5 billionIssued on XRP Ledger: over $1 billionAvailability: currently limited to select US statesWhy XRP Is Flashing Buy Signals Despite Staying BearishXRP recovered to $1.33 after dipping to $1.28, leaving a long lower wick that suggests buyers stepped in below $1.30.The token still trades below the rising support line of its symmetrical triangle pattern, and recent lower highs and lower lows keep the near-term trend bearish.Widely-followed crypto analyst Ali Martinez posted on X that XRP has flashed several TD Sequential buy signals near current levels, including a Sequential 13, a TD 9, and an Aggressive 13.Together, he said, those signals suggest a local bottom may be forming. If buyers step in, Charts is watching for a rebound toward $1.40, followed by resistance near $1.50.Where XRP Stands TechnicallyThe rebound has yet to reverse XRP’s broader breakdown, with initial resistance sitting around $1.35 to $1.38.A sustained move above $1.40 to $1.43 would bring the token back toward its broken trendline and ease selling pressure.Key levels for XRP:$1.35 to $1.38: initial resistance$1.28: immediate support to watchPhoto via Shutterstock Read Also: