XRP edges lower even as Ripple secures final OCC approval for National Trust Bank

• $1.30 remains XRP’s trading level. Price action is sideways as macroeconomic uncertainty hangs over the wider crypto market.
• Final US OCC approval clears Ripple’s National Trust Bank to pursue plans for RLUSD reserve management and crypto custody services.
• Near $1.30, XRP continues to move in line with the market, with a weak technical structure largely limiting its progress.

$1.30 is Ripple (XRP)’s trading price on Tuesday. Technical barriers continue to constrain the token. It stands roughly 16% below October’s $1.56 high and 21% below September’s $1.66 peak, following weeks of sustained headwinds and risk aversion.

Fed decision approaches amid macro pressures

Wednesday’s Federal Reserve (Fed) rate decision remains the market’s main focus. Expectations broadly favour no change to the 3.75-4.00% interest rate range. However, high oil and energy prices, alongside persistent inflation, continue to fuel wider macroeconomic concerns.

Despite a resilient economy, inflation in the United States (US) remains above the long-term 2% target that the regulator is determined to reach. According to CME’s FedWatch Tool, the odds of the Federal Open Market Committee (FOMC) leaving rates unchanged in October stand at 90%, with a hike to follow in December. As part of a broader outlook for reducing inflation, Crypto Finance anticipates two further rate increases by the end of 2027.

In an analysis report distributed by email, Crypto Finance said: “Wednesday's Fed meeting is the key macro event. We expect rates to remain unchanged, so the focus will be on the dot plot and any shift in the forward path. Markets currently price a 90% probability of a skip, followed by a December hike and two further hikes by year-end 2027, taking the target range to 4.50–4.75%,”

Ripple National Trust Bank secures final OCC approval

Following conditional approval in December, the US Office of the Comptroller of the Currency (OCC) has given Ripple National Trust Bank its final authorisation. The decision places the blockchain company under federal supervision for managing RLUSD stablecoin reserves. The same licence will also cover Ripple’s enterprise-grade crypto custody services.

Commenting on X, Ripple CEO Brad Garlinghouse said: “We’ve always said crypto and banks work better together, this is what that looks like. Real innovation, real accountability, federal oversight.”

$1.30 support holds: XRP technical analysis

At $1.30, XRP bulls are defending short-term psychological support ahead of another attempt at recovery. Sideways price action has not removed the near-term bearish bias: the token remains below its key Exponential Moving Averages (EMAs).

Overhead resistance comes from the 100-day EMA at $1.33, the 50-day EMA at $1.36 and the 200-day EMA at $1.37. Their positioning suggests the pair is still constrained within a broader corrective phase. At $1.45, the SuperTrend line adds to the evidence of persistent selling on rallies.

With the Relative Strength Index (RSI) near 41, momentum remains muted. The Moving Average Convergence Divergence (MACD) is narrowing slightly below zero, suggesting downside pressure is weak but stabilising.

The first resistance hurdle is the 100-day EMA near $1.33. Beyond it lie the 50-day EMA at $1.36 and the 200-day EMA around $1.37. Bulls would need to recover this closely grouped technical barrier to move the bias away from bearish.

Further up, the SuperTrend line at $1.45 defines the next resistance zone, ahead of the longer-term bearish trend structure at $1.61 and $1.70. The daily chart offers no clear technical support below $1.30, so a decline would leave XRP seeking fresh demand. Continued trading below the EMA cluster favours sideways-to-lower price action over the short term.

(The technical analysis of this story was written with the help of an AI tool. Know more.)