XRP Gains Momentum as Brazil’s Braza Group Launches XRP Ledger-Based Stablecoin

In a significant development for the cryptocurrency market, Brazil’s Braza Group has launched USDB, a USD-pegged stablecoin issued on the XRP Ledger. This move highlights the growing institutional adoption of XRP and its underlying technology for cross-border transactions. With the stablecoin set to debut on Braza’s consumer app in May 2025, this initiative could further bolster XRP’s utility and price performance. Currently trading at 2.34310000 USDT, XRP’s future looks promising as institutional interest continues to rise.

Brazil’s Braza Group Launches XRP Ledger-Based Dollar Stablecoin for Institutional Clients

Braza Group, a major Brazilian financial institution, has introduced USDB—a USD-pegged stablecoin issued on the XRP Ledger. Initially rolled out for institutional clients, the token will debut on Braza’s consumer app in May, marking a strategic push into the digital asset space.

The move leverages XRP Ledger’s efficiency for cross-border transactions, aligning with Brazil’s growing institutional crypto adoption. Stablecoins now command over 7% of the country’s crypto market, with USDC and USDT dominating trading pairs on local exchanges.

XRP’s $5 Rally Potential Hinges on Golden Cross Chart Pattern

Ripple’s XRP surged 1.80% to $2.44 within three hours on Thursday, reigniting bullish speculation after a period of stagnation. The MOVE caught traders off guard, with technical analysts now eyeing a potential breakout above the $3.40 resistance level.

A golden cross formation on the weekly Relative Strength Index (RSI) - first observed on November 4, 2024 - mirrors the pattern that preceded XRP’s previous rally from $0.5029 to $3.388. Dark Defender’s analysis suggests history may repeat, with a theoretical target of $5.85 if momentum sustains.

Current price action shows XRP oscillating between $2.36 and $2.44, supported by increasing trading volume that correlates with Bitcoin’s upward movement. The token now trades at $2.445, marking a 0.83% daily gain. A decisive break above $3.33 WOULD invalidate the 5.62% decline recorded over the past 90 days, potentially opening the door for extended gains.

Top Altcoins That Will Explode: BlockDAG, XRP, SUI & VeChain Push Toward Big 2025 Gains

The cryptocurrency market is witnessing a notable shift as investors increasingly focus on projects with long-term potential rather than short-term hype. While Bitcoin and Ethereum maintain their stability, altcoins like BlockDAG, XRP, SUI, and VeChain are gaining momentum.

BlockDAG stands out with its presale success and measurable progress, signaling strong future growth. XRP continues to build on its utility in cross-border payments, while SUI and VeChain offer unique value propositions in their respective niches. These affordable altcoins are emerging as top contenders for significant gains by 2025.

Judge Torres Blocks SEC-Ripple Settlement, Trump’s Meme Coin Dinner Sparks Outrage

U.S. crypto regulation reached new levels of volatility this week as Judge Analisa Torres rejected a proposed settlement between Ripple and the SEC. The ruling, deemed "procedurally improper," prolongs the years-long legal battle that has become a bellwether for cryptocurrency enforcement.

Meanwhile, political tensions flared as former President Donald TRUMP hosted a controversial dinner promoting meme coins. The event drew sharp criticism from regulators and traditional finance circles, highlighting the growing intersection of cryptocurrency and partisan politics.

XRP Faces Bearish Pressure as Technical Indicators Signal Downturn

XRP’s market position weakens as it breaches key support levels, now trading beneath the Ichimoku Cloud’s red zone—a classic bearish formation. The looming death cross pattern in its exponential moving averages threatens further declines absent a robust recovery.

Momentum wanes sharply as the Relative Strength Index (RSI) plunges from 64.86 to 46.72 within 24 hours, erasing near-overbought conditions. The RSI’s drop below neutrality at 50 underscores fading buying pressure, though oversold territory remains distant at the current 46.72 reading.

XRP Price Targets $4 Following Bullish Reversal from Key Support Zone

XRP has reignited bullish momentum after rebounding decisively from a critical demand zone between $0.85 and $1.00. Technical analysis suggests the cryptocurrency is now primed for a rally toward $4—a level that would mark a new all-time high.

The reversal follows weeks of consolidation within what analysts describe as a ’discounted accumulation range.’ TradingView analyst ’Setupsfx_’ highlights XRP’s structural strength, noting historical patterns that preceded major upside moves. Market participants now watch the $3 psychological resistance as the next hurdle before the $4 target.