#XRP Daily

Past year chart

In fact, the hoarse one is trading sideways with false breakouts of the horizontal channel boundaries.

The litigation with the SEC continues and the Ripple team has launched a fairly aggressive marketing campaign, which usually happens before a pump.

However, the level of Long interest remains high, which prevents rapid growth

And before going up, there may still be a liquidity fence below $0.50.

Today, the RLUSD stablecoin was officially launched, which was in test mode for two months.

Listing sites and market makers have already been selected.

However, this coin has not yet received approval from the New York Department of Financial Services.

And whether RLUSD will be economically somehow connected with the XRP token is not yet clear.

But a psychologically successful launch can lead to growth in $XRP