XRP could rally to $2.65 as a bullish trading pattern, and investors’ excitement over Ripple Labs’ US banking license application boosts interest in the altcoin.
Key point:
Ripple Labs’ application for a US banking license has acted as a catalyst for XRP, paving the way for a potential rally to $2.65.
Ripple Labs CEO Brad Garlinghouse said in a post on X that the company “is applying for a national bank charter” from the Office of the Comptroller of the Currency (OCC).