Quick overview

Live XRP/USD Chart

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Ripple CEO Brad Garlinghouse announced RLUSD will be integrated into Hidden Road’s platform as collateral for all services, marking a major milestone for both Ripple and the digital asset industry.

Garlinghouse emphasized RLUSD’s unique potential for wide-ranging cross-margin trading between digital assets and traditional financial markets.

He pointed out that, unlike many other collateral options tied to outdated financial infrastructure, RLUSD’s main benefit is its ability to operate seamlessly around the clock, year-round. Ripple aims to place RLUSD at the core of global liquidity flows to bridge virtual assets and traditional financial instruments, as Garlinghouse highlighted.

XRP Bollinger Bands suggest that Ripple’s cross-border token may experience a significant move soon, despite trading between $2.15-$2.30 over the past week. According to X user, STEPH IS CRYPTO, the bands are squeezed to a level last seen in November of last year.

Back then, XRP was trading at about $0.50, but in the following months, it surged roughly 600 percent to nearly $3.40. A move of that magnitude could push XRP above $16, where it is currently trading at about $2.27. When a token shows a Bollinger Band squeeze, it indicates a period of mild volatility and may signal an upcoming large price pump or correction.

It’s also important to consider that other factors contributed to XRP’s impressive performance, even though the tightening bands late last year might have played a role.