XRP Gains 5% After RLUSD Pilot, Technical Breakout Targets $2.50
XRP surged 5% to around $2.35, breaking past the key $2.30 resistance level amid a sharp rise in institutional trading volumes. The rally came as market participants reacted to Ripple’s expanding ecosystem and renewed interest from professional investors following fresh utility developments.
Momentum strengthened after Ripple revealed that its RLUSD stablecoin will be used in a pilot with Mastercard, WebBank, and Gemini to settle fiat credit card transactions directly on the XRP Ledger. The move highlights growing enterprise adoption of Ripple’s payment technology and reinforces XRP’s role in real-world settlement use cases. Traders now see potential for the token to test higher resistance zones near $2.50–$2.60 if buying pressure continues.
Market move and key levels
XRP advanced roughly 4.9% intraday, reaching a session high near $2.39 before light profit-taking. Former resistance at ~$2.30 flipped to support, with an intermediate base around $2.32 and secondary support at $2.21. Immediate resistance sits at $2.38–$2.39; a clean break could open $2.50–$2.60. Momentum improved with rising RSI and no clear exhaustion, while intraday volatility hovered near ~7%.CoinDesk+1
RLUSD pilot: what changed
Mastercard, WebBank, and Gemini are piloting RLUSD-based settlement on XRPL to process traditional credit-card payments one of the first tests by a regulated U.S. bank (WebBank) to settle card transactions over a public blockchain using a regulated stablecoin. The initiative expands Ripple’s infrastructure narrative beyond cross-border remittances into mainstream payments.
RLUSD scale and adoption
RLUSD, launched in late 2024, has surpassed $1 billion in circulation across Ethereum and XRPL, reflecting rising institutional usage. The milestone reinforces confidence in stablecoin-backed settlement rails at the same time broader risk assets have wobbled.
Technical setup: XRP gains 5% after RLUSD pilot in focus
Trend
Bullish reversal confirmed via higher lows and a decisive reclaim of $2.30.
Volume
~95% above the 24-hour average, indicating institutional participation.
Structure
Breakout from compression with three consecutive hourly closes above resistance.
Levels
Support $2.32 / $2.21; resistance $2.38–$2.39; targets $2.50–$2.60 if momentum holds.
What traders are watching: XRP gains 5% after RLUSD pilot
Sustained closes above $2.35 and flipping $2.38–$2.39 to support
Persistence of the RLUSD-led institutional narrative as Mastercard tests on-chain settlement
Post-breakout volume continuity to confirm fund-driven follow-through
Pullback risk toward $2.30 if momentum fades
Policy/ETF headlines into mid-November that could influence flows.
Context & Analysis
The RLUSD pilot integrates a regulated stablecoin with a major card network’s settlement stack, signaling continued convergence between crypto rails and traditional payments. While pilots don’t guarantee production rollout, the combination of a regulated bank (WebBank), network (Mastercard), and crypto firms (Ripple, Gemini) is notable for institutional comfort with public-chain settlement.
Conclusion
XRP’s breakout reflects growing optimism around Ripple’s expanding payments ecosystem and the adoption of its RLUSD stablecoin. Holding above the $2.35 level signals strong market conviction, while a clear move past $2.39 could open the path toward the $2.50–$2.60 range, where traders see the next resistance zone forming.
However, sustained momentum will depend on both trading volume and broader market sentiment. If activity cools or macro headwinds emerge, XRP could retrace toward $2.30. Short-term performance now largely hinges on how quickly Ripple’s pilot proves its transaction speed, stability, and real-world payment efficiency.
FAQs
Q: What triggered the latest XRP move?
A : A breakout above $2.30 on higher volume following the RLUSD settlement pilot with Mastercard, WebBank, and Gemini.
Q : What is RLUSD?
A : A USD-backed stablecoin launched by Ripple in late 2024, now over ~$1B in circulation across XRPL and Ethereum.
Q : Is $2.50 a realistic near-term target?
A : If XRP holds above $2.35 and converts $2.38–$2.39 to support on strong volume, $2.50–$2.60 is plausible.
Q : How does the pilot affect Ripple’s strategy?
A : It broadens enterprise use cases by testing card settlement over a public blockchain with a regulated bank.
Q : Where can I check the live XRP price?
A : CoinDesk’s price page provides real-time pricing and charts.
Q : Does this mean Mastercard is using XRP in production?
A : No. It’s a pilot; outcomes and timelines for any production rollout are not yet confirmed.
Q : Does the article’s finding include “XRP gains 5% after RLUSD pilot”?
A : Yes, the price move and pilot news are central to this report.
Facts
Event
XRP rises ~5% as RLUSD pilot with Mastercard, WebBank, and Gemini coincides with technical breakoutDate/Time
2025-11-06T10:20:00+05:00Entities
Ripple (Ripple Labs, Inc.); XRP; XRP Ledger (XRPL); RLUSD; Mastercard; WebBank; GeminiFigures
XRP ~$2.35; resistance $2.38–$2.39; supports $2.32 / $2.21; RLUSD supply > ~$1B (USD)Quotes
N/A no direct on-record quotes available at time of writingSources
CoinDesk report on XRP move and pilot (https://www.coindesk.com/…); CoinMarketCap Academy explainer on pilot (https://coinmarketcap.com/academy/…); Yahoo Finance on RLUSD $1B milestone (https://finance.yahoo.com/…); CoinDesk price page (https://www.coindesk.com/price/xrp)