XRP Price Prediction: Ripple Token Jumps 3% After SEC Stablecoin Shift, While New SUBBD Presale Rockets Past $78K

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XRP price
XRP price

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The XRP price has climbed 3% in the last 24 hours to trade at $2.12 as of 12:18 a.m. EST on a 5.8% jump in trading volume to $4.68 billion.

The increase in the Ripple token price follows an announcement from the US Securities and Exchange Commission (SEC) that clarified that certain stablecoins, such as Ripple’s newly launched RLUSD, do not qualify as securities under federal law.

Many analysts view this as a green light for Ripple to ramp up its stablecoin integration, potentially boosting institutional adoption.

The SEC’s statement follows a series of legal wins for Ripple, including a 2023 court ruling that XRP is not considered a security in retail transactions, and the agency’s recent decision to drop its remaining lawsuit against Ripple Labs.

XRP Price Targets 28% Surge Despite Ongoing Liquidity Hunt Challenges

Looking at the XRP chart, the asset has been trending sideways for a little over three months, consolidating with liquidity hunts on both ends. At $2.12, the price of XRP is currently hovering around a key demand zone.

Over the last three months, each time the price dipped below the $1.83–$2.12 range, it quickly rebounded, suggesting possible whale accumulation. A similar pattern appears around the $2.80–$3.00 supply zone on the chart, hinting that big players may be setting traps for retail traders.

The Relative Strength Index (RSI) at 42.68, along with the downward-trending Moving Average Convergence Divergence (MACD), indicates mild bearish momentum.

XRP price

XRPUSDT Analysis. Source: Tradingview

Nevertheless, if past market behavior holds and XRP bulls manage to drive the price higher, the 50-day simple moving average (SMA) around $2.36 will likely act as resistance. Should bullish momentum continue, the price could potentially climb toward the $3.00 mark, a 28% increase from here.

Conversely, a break lower will likely push XRP to the 200-day SMA at $1.83. A deeper correction may send it to $1.39 or $1.05, invalidating the current bullish thesis and turning the asset bearish.

SUBBD’s AI-Powered Crypto Platform Races Past $78K

As the XRP price climbs, investors are eyeing a new presale called SUBBD, an AI-driven content creation platform that has launched its SUBBD token presale, raising over $78k in short order.

The project aims to disrupt the $85 billion creator-subscriber industry, and promises to bridge the gap between creators and fans with a decentralized twist.

SUBBD’s pitch is simple yet bold: Empower creators and fans by cutting out the middlemen. Traditional platforms often siphon up to 70% of creators’ earnings through third-party managers, while fans crave deeper connections. 

SUBBD’s Web3 backbone, paired with AI tools, flips the script. Creators can generate content such as AI-crafted profiles, voice notes, videos, and live streams while keeping more profits. Fans, meanwhile, get dynamic, tokenized experiences, from exclusive content to loyalty rewards.

SUBBD claims a network of 250 million users, and the SUBBD token utility unlocks premium features that include loyalty rewards and discounts on content and subscriptions.

Of its 1 billion token supply, 10% is earmarked for airdrops, with millions more fueling community and creator rewards. Investors can stake SUBBD tokens for a fixed 20% annual return. 

Priced at $0.055075, SUBBD tokens can be bought with BNB, USDT, or a bank card. Interested investors should buy before a price hike in a little more than 1 day.

Learn more about SUBBID.

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