XRP’s Next Line of Defense Sits at $2.70 as Gemini Leans on Ripple Liquidity Before IPO

XRP’s Critical Levels: $2.70 Support or $3.10 Breakout?

XRP is holding in a critical range, with $2.70 as key downside support and $3.10 as the breakout level. Analyst Crypto Henry notes that a decisive move above $3.10 with strong volume could ignite fresh bullish momentum.

XRP is trading at $2.88 after slipping below the psychological $3 mark. According to Crypto Henry, $2.70 is a crucial support zone, having served as both resistance and support in past cycles. A breakdown below this level could trigger deeper retracements into lower liquidity areas.

On the flip side, Henry emphasizes the importance of $3.10 as the immediate hurdle for bulls. A sustained move above this resistance, particularly if accompanied by strong trading volume, could ignite a momentum shift. 

Such a breakout would suggest renewed confidence among investors and may trigger a wave of buying pressure from both retail traders and institutions watching the charts.

Market psychology also plays a significant role at these levels. Analysts argue that $2.70 represents a “line in the sand” for XRP holders, with many seeing it as a last stand for maintaining bullish structure. 

Conversely, $3.10 carries symbolic weight, as breaking this barrier could pave the way toward retesting XRP’s previous highs around $3.30 and beyond.

Gemini Taps Ripple for Pre-IPO Credit Line: XRP Liquidity Takes Center Stage

Gemini’s S-1 filing unveils a strategic $75M credit line from Ripple Labs, expandable to $150M upon milestones. 

Draws start at $5M with 6.5–8.5% interest, and amounts beyond $75M can be borrowed in Ripple’s RLUSD stablecoin, placing it alongside USDT and USDC as a top-tier settlement option.

Ahead of its Nasdaq debut as ‘GEMI,’ Gemini faces steep financial headwinds—a $282.5M H1 2025 loss and falling revenue. Its Ripple credit line isn’t equity funding but a strategic liquidity cushion, ensuring flexibility and stability through the IPO.

As a result, market experts like Xaif Crypto are quick to highlight this pivotal development by stating, “Wall Street is waking up when exchanges choose XRP liquidity before going public, you know the tide has turned.”

Once a quiet contender, Ripple’s RLUSD is now poised for institutional adoption. Offering it as an optional borrowing currency adds legitimacy and visibility within regulated financial rails, positioning Ripple to expand beyond remittances into the treasury operations of major market players.

Even without drawing funds, Gemini’s agreement with Ripple shifts the narrative. As markets embrace crypto-native tools, this deal signals XRP liquidity’s rising prominence, setting the stage for opportunity ahead of Gemini’s IPO.

Conclusion

Gemini’s partnership with Ripple goes beyond a pre-IPO safety net, it marks a shift as institutions embrace XRP liquidity. 

With RLUSD moving from niche use to mainstream relevance, this deal strengthens Gemini’s IPO positioning and highlights XRP’s growing role in bridging traditional finance with crypto.

Meanwhile, traders are eyeing XRP’s volume and price action as it consolidates. Analyst Crypto Henry notes that holding $2.70 could build a solid base, while a breakout above $3.10 may trigger the next upward leg.