The post XRP Holds $1.4306 As Deutsche Bank Expands Ripple Tech appeared on BitcoinEthereumNews.com. XRP tests $1.4306 as Deutsche Bank adopts Ripple tech for crossThe post XRP Holds $1.4306 As Deutsche Bank Expands Ripple Tech appeared on BitcoinEthereumNews.com. XRP tests $1.4306 as Deutsche Bank adopts Ripple tech for cross

XRP Holds $1.4306 As Deutsche Bank Expands Ripple Tech

  • XRP tests $1.4306 as Deutsche Bank adopts Ripple tech for cross-border payments, targeting 30% cost reduction.
  • Open interest rises 0.63% to $2.37B while volume surges 10.97% to $4.02B, showing renewed participation.
  • Price trades below all major EMAs with Supertrend bearish at $1.4949 and Bollinger Band support at $1.2788.

XRP price today trades near $1.4306, up 0.37% in the past 4 hours as the token consolidates after recovering from the $1.15 February low. The move comes as Deutsche Bank announced plans to expand its use of Ripple-powered technology for cross-border payments, foreign exchange workflows, and digital asset custody.

Deutsche Bank Expands Ripple Tech For Cross-Border Payments

Deutsche Bank is expanding its use of Ripple network technology to update processes behind global money transfers, according to reports. The Frankfurt-based bank’s focus spans cross-border payments, foreign exchange workflows, and digital asset custody, targeting parts of international finance often described as slow, opaque, and costly.

Blockchain infrastructure powered by Ripple technology is intended to support direct value transfers rather than routing funds through multiple intermediaries. Transfers that traditionally take several days are reduced to seconds under the newer setup. Multi-currency accounts and global FX trading could benefit from liquidity being supplied in real time rather than waiting for slower settlement cycles.

Estimates suggest Distributed Ledger Technology could reduce operating costs in global payments by as much as 30%. Given that global transaction volumes reach into the trillions, the potential savings could be significant for the institution and its customers. Deutsche Bank is also advancing “Digital Asset Custody,” with Ripple infrastructure described as the technological base for that custody direction.

SWIFT has confirmed Deutsche Bank as a lead contributor and key architect of a new blockchain-based global payments ledger involving more than 40 major banks. The bank’s FX, settlement, and custody expertise is positioned as central to building a platform intended to handle large-scale cross-border transactions while reducing operational risk.

Open Interest Rises As Volume Surges Over 10%

According to Coinglass, XRP’s open interest increased 0.63% to $2.37 billion, while volume surged 10.97% to $4.02 billion. Options volume rose 9.06% to $3.40 million, signaling renewed trader interest following the Deutsche Bank announcement.

Long/short ratios remain elevated at 2.27 on Binance and 2.01 on OKX, showing leverage still skews bullish despite the 60% correction from highs. Top trader positioning shows $101.55 million in longs versus $66.38 million in shorts on 12-hour timeframes, confirming large accounts are positioned for recovery.

When volume surges alongside rising open interest, it typically indicates new capital entering the market rather than short covering. The sustained increase over recent sessions suggests accumulation is occurring at current levels despite price remaining trapped below major resistance.

Price Trapped Below All Major EMAs And Supertrend

On the daily chart, XRP continues to trade below all major moving averages. The 20-day EMA sits at $1.4954, the 50-day at $1.6778, the 100-day at $1.8893, and the 200-day at $2.1084. Bollinger Bands show the middle band at $1.4420, upper band at $1.6051, and lower band at $1.2788.

The chart shows:

  • Price trading below all major EMAs
  • Bollinger Band lower support at $1.2788
  • Supertrend bearish, confirming sellers control momentum
  • $1.4954 as first major resistance at 20-day EMA

XRP dropped from $3.56 all-time high to $1.15 in under three months, marking a 68% correction. The current consolidation near $1.43 represents a 24% bounce from those lows, but the structure remains decisively bearish. All major EMAs are stacked as overhead resistance, creating significant friction for sustained recovery attempts.

A daily close above $1.4954 would flip the 20-day EMA and signal the first sign of trend exhaustion. Breaking below the Bollinger Band lower support at $1.2788 would expose the $1.15 February low. Until XRP can reclaim the 20-day EMA, sellers control the daily structure.

Ascending Trendline Provides Short-Term Support

The 4-hour chart shows XRP testing an ascending trendline support that has held since the February 11 low near $1.15. Supertrend sits at $1.4949, acting as immediate resistance. Parabolic SAR at $1.3797 marks critical support if the ascending trendline breaks.

The structure shows:

  • Price defending ascending trendline from February lows
  • Supertrend resistance at $1.4949 capping rallies
  • SAR support at $1.3797 as next major level

Buyers are defending the ascending trendline for the sixth time since mid-February. Each test increases the risk of breakdown, as support levels weaken with repeated testing. The Deutsche Bank announcement has provided a temporary boost, but sellers continue to reject price above $1.4949.

A clean break above $1.4949 would flip the Supertrend and place $1.50 back in range. A breakdown below the ascending trendline would expose $1.3797 SAR support, with further downside toward $1.35 if selling pressure returns.

Outlook: Will XRP Go Up?

The next move depends on whether XRP can hold the ascending trendline and break above $1.4949.

  • Bullish case: A close above $1.4949 with volume would flip the Supertrend and place $1.6778 in range as Deutsche Bank adoption accelerates. Reclaiming $1.4954 confirms trend exhaustion.
  • Bearish case: A breakdown below the ascending trendline exposes $1.3797, with further downside toward $1.2788 if institutional adoption fails to drive price action. Losing $1.2788 retests the $1.15 lows.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Source: https://coinedition.com/xrp-price-prediction-xrp-holds-1-4306-as-deutsche-bank-expands-ripple-tech/

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