XRP trades around $1.11, well below the former $2.68 to $2.77 breakout zone, and the cup-and-handle pattern tracked by traders risks invalidation. Ripple has launched a dedicated Mint function to streamline RLUSD issuance, targeting minting delays and improving settlement predictability, which strengthens enterprise infrastructure but benefits stablecoin adoption more than immediate spot XRP demand. Key resistance levels to watch stand around $1.30 to $1.40 in case of a breakout, while a loss of support near $1.08 to $1.10 could trigger another test to lower levels. The macroeconomic backdrop remains challenging, with large-cap tech stocks pressuring major U.S. indexes and tariff concerns exacerbating risk-off sentiment across financial markets.
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