Ripple Mints 16M RLUSD: XRP’s Hidden Treasure Unveiled? 💸💥

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Ah, the sweet scent of Ripple minting 16 million RLUSD tokens, pushing the stablecoin’s circulating supply beyond the $440 million mark! 💰🌊

The American fintech’s aggressive strategy to cement RLUSD’s position in the stablecoin market could set the stage for a potential breakout in the price of XRP. 🚀📈

XRP

$2.23

24h volatility:

2.7%

Market cap:

$131.81 B

Vol. 24h:

$3.00 B

The minting occurred directly from Ripple’s treasury, suggesting increasing demand for RLUSD from institutional clients and on-chain settlements. 🏦📈

💵💵💵💵💵💵💵 16,000,000 #RLUSD minted at RLUSD Treasury.

— Ripple Stablecoin Tracker (@RL_Tracker) July 3, 2025

The timing aligns with a significant announcement from AMINA Bank, a regulated Swiss crypto bank, which declared it is the first financial institution globally to provide direct custody and trading support for RLUSD. 🏦🌐

AMINA aims to blend traditional banking security with the efficiency of blockchain, making its embrace of RLUSD a strong institutional endorsement. 🤝🔒

RLUSD was launched in late 2024 and is backed by cash and cash-equivalent reserves held at Standard Custody, a Ripple subsidiary regulated in New York. 📜🏛️

The structure offers a rare mix of transparency, regulation, and utility, positioning RLUSD as a serious contender against dominant players like USDT and USDC. 🏆💪

Inverse Head and Shoulders Signals a Breakout? 📈🔮

According to crypto analyst Ali Martinez, XRP is forming a textbook inverse head and shoulders pattern on the 4-hour chart. 📊🔮

$XRP appears to be forming an inverse head and shoulders pattern, potentially setting the stage for a 15% breakout to $2.65!

— Ali (@ali_charts) July 3, 2025

The classic bullish reversal formation often precedes significant upward movement. Martinez’s analysis targets a 15% breakout, putting XRP’s potential price at $2.65 in the short term. 📈💰

As per the levels on the chart below, the neckline resistance at $2.3366 has already been tested. A clean break above this level could validate the pattern and send XRP soaring toward:

  • 1.272 Fib: $2.4694
  • 1.414 Fib: $2.5416
  • 1.618 Fib: $2.6492
  • Final target: ~$2.74 at the 1.786 Fib extension

XRP Momentum Indicators on Daily Chart | Source: TradingView

On the other hand, the MACD is currently flat, but the MACD line is on the verge of a bullish crossover. If the blue line crosses above the orange signal line, it would confirm positive momentum. 📈🔍

Also, the Relative Strength Index is moving above its 14-day average and trending upward, indicating that XRP is gaining strength but is not yet overbought. 📈📉

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2025-07-04 16:38