XRP price chart indicates a potential target of 15.00 USD during consolidation

XRP shows bullish signs towards $15: XRP has formed a bullish continuation structure, suggesting a price target of 15.00 USD. Following an 18% decline from a peak of 2.90 USD amidst profit-taking, XRP is currently priced at 2.37 USD.

Upcoming RLUSD stablecoin impacts XRP: The launch of RLUSD, a stablecoin pegged to the US dollar, is expected to boost XRP’s utility for transactions. Increased positive sentiment is noted in XRP futures trading, indicating a potential market rebound and higher price expectations.

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