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XRP Price Forecast: Binance Has Fully Enabled XRPL Support – Could This Catalyst Propel XRP’s Next Significant Surge?
Six weeks of consecutive declines. A significant downturn as XRP’s value has decreased by 62% from its peak. However, unexpectedly, Binance has enabled complete XRPL integration.
This allows RLUSD to be transferred directly through the largest cryptocurrency exchange globally.
RLUSD has just surpassed $1.5 billion in circulation for the first time. It is processing 500,000 transactions each month and generating $5 billion in volume.
Source: DefiLlama
Ripple’s Vice President asserts that RLUSD will surpass “traditional dollars, Venmo, PayPal” in institutional applications.
As stablecoin adoption surges and exchange barriers diminish, prices typically respond accordingly. Here’s a look at potential directions for XRP price forecasts.
XRP Price Forecast: The Significance of $1.30 at This Moment
XRP continues to navigate within a defined descending channel, but the sharp drop to $1.10 appears to be a move that resets the situation.
Since that point, XRP’s price has been stabilizing just above $1.30, attempting to maintain its structure rather than immediately declining.
Source: XRPUSD / TradingView
The $1.30 level is crucial to maintain. If it is lost, a revisit to $1.10 could occur.
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On the upside, $1.50 represents the first significant hurdle, positioned just below channel resistance. A successful reclaim of the channel would shift the sentiment to bullish, and a robust move toward $1.90 would signal renewed interest.
Until then, it remains technically in a downtrend, but this range appears more like consolidation than a freefall.
Astute investors prefer to diversify their portfolios, and while memecoins are currently at a low point, that is often when they begin to invest. Maxi Doge is capturing their interest.
Maxi Doge Could Be the Preferred Meme Coin for Savvy Investors
Although XRP seems uncertain at the moment, genuine opportunities frequently arise earlier. Not during the recovery phase, but in the rotation phase.
This is where Maxi Doge ($MAXI) thrives.
Maxi Doge is designed for bursts of momentum. It has a vibrant meme identity, clear positioning, and a community that flourishes when sentiment shifts from fear to speculation rapidly.
Initial traction is already robust. The $MAXI presale has garnered approximately $4.6 million thus far, with staking rewards reaching up to 68% APY for early participants.
As stablecoin narratives gain traction and large caps gradually stabilize, the most rapid movements typically occur in high-conviction meme plays. Maxi Doge is strategically positioned in that space.
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