Welcome to Latam Insights, a compilation of the most relevant crypto news from 
Latin America over the past week. In this week’s edition, Bolivia announces 
the integration of stablecoins into its banking system, Tether abandons mining 
operations in Uruguay, and the Libra Trust emerges out of the blue. Historic: 
Bolivia to Integrate Stablecoins Into Its […]

Latam Insights: Bolivia Embraces Stablecoins, Tether Leaves Uruguay

The monthly XRP chart has entered one of its most decisive phases in years, 
and one of the asset’s most vocal analysts is laying out a blunt roadmap. 
Egrag Crypto, known for his long-standing bullish stance on XRP, released a 
new technical update that breaks down the future outlook for the 
cryptocurrency into three straightforward outcomes. The chart accompanying his 
analysis shows XRP trading around the $2.20 region, sitting just above an 
important Fib support level but still wrestling with momentum, with the 
monthly candle about to close. Related Reading: 320 Ether On The Move: Bhutan 
Ramps Up Its Staking Game XRP Must Close Above $2.60 To Keep Bullish Momentum 
Intact Egrag&#8217;s first decisive level is at $2.60, which matches with the 0.5 
Fibonacci retracement level on the monthly chart. The analyst described a 
close above this region as bullish but the asset would not yet be fully clear 
of danger. The chart shows XRP repeatedly testing this price level in the 
first half of the year before breaking above it in July. However, the most 
recent breakdown in Q2 2025 has now put the price level in focus again. The 
analysis becomes more aggressive once price action breaks above $3.40. EGRAG 
identified this as the 0.888 Fibonacci level, one of the final retracement 
zones. According to him, a close above this level confirms a super-bullish 
macro breakout, which he summarized with the phrase “we are so back.” The 
chart reinforces this idea by showing a tight compression beneath this upper 
0.888 Fib cluster, and that a decisive breakout could lead to a rapid move 
into new all-time high prices if there&#8217;s enough buying pressure. XRP Price 
Chart. Source: @egragcrypto On X A Close Below 21 EMA Would Break Bullish 
Structure The downside scenario in Egrag&#8217;s breakdown is equally 
straightforward. He warned that a close below the 21-month EMA would mean a 
severe failure of the bullish trend structure. His wording was intentionally 
harsh, noting that such a breakdown would mean “we are f**ked, no sugar- 
coating it.” The chart shows the 21 EMA currently sitting around the 
$1.83-$1.90 price zone, forming the final major support on the monthly 
timeframe. Losing this level would drag XRP back into a deeper corrective zone 
and finally undo most of the price advancement made this year. A significant 
development showed up towards the end of the week that aligns with the bullish 
continuation Egrag outlined. 21Shares confirmed that its US Spot XRP ETF, 
which is listed under the ticker TOXR, has received SEC approval and will 
officially launch on Monday. Related Reading: Bitcoin’s November Slump Could 
Trigger A 2026 Revival, Analysts Say The upcoming launch adds a perspective 
that institutional participation in XRP is only beginning. If inflows follow 
the early strength seen from other issuers, the ETFs could reinforce the 
bullish case Egrag mapped on the chart, especially if the XRP price is able to 
cross above $2.60 in December. Featured image from Pixabay, chart from 
TradingView

XRP Price At A Critical Turning Point: Analyst Maps Out Simple Rules For Breakout

New research showed BTC price action on course to copy the 2022 bear market 
while risk-asset inflows showed signs of a bullish turnaround.

Bitcoin 2022 bear market correlation hits 98% as ETFs add $220M

Coinbase is funding a pilot that will deliver $12,000 worth of USDC to 160 
low‑income New Yorkers. Managed by Givedirectly, the program will help 
recipients while studying how the cryptocurrency is spent and exchanged. 
Coinbase Funds ‘Future First’ Universal Income Pilot In New York The Facts 
Coinbase will provide funding for a universal basic income […]

Coinbase Funds Crypto Basic Income Pilot in New York

In this week&#8217;s edition of the weekly recap, Visa partnered with Aquanow for 
regional stablecoin settlement expansion, China reinforced its prohibition on 
crypto, and the UK introduced comprehensive reporting requirements for 
cryptocurrency traders. Visa extends stablecoin settlement across emerging 
markets…

Cryptocurrency price in USD