XRP is approaching a pivotal technical moment as it pushes against the 200 EMA 
while holding firm at the base of a descending channel. With support still 
intact and momentum building near resistance, the chart is compressing into a 
potential breakout setup. A confirmed move above the EMA could shift short- 
term sentiment, while failure would keep the broader corrective structure in 
play. XRP Tests The 200 EMA Barrier According to technical analyst Egrag 
Crypto, XRP is currently attempting a significant breakthrough as it pushes 
against the 200 EMA. This move has the community questioning if the bulls 
finally have enough momentum to sustain the climb. While the immediate price 
action is encouraging, the next few days are critical for determining whether 
this is a genuine trend shift or merely a temporary spike. Related Reading: 
XRP Price Begins Consolidation, Breakout Pressure Gradually Builds The primary 
condition for a bullish transition is a weekly candle close above the 200 EMA 
and the $1.55 horizontal resistance. Achieving this would signal a surge in 
short-term strength and a meaningful shift in market momentum. Despite this 
push, XRP remains confined within a long-term descending channel, suggesting 
the broader macro structure is still technically corrective. Egrag highlights 
two major upside targets for those looking for a &#8220;bullish expansion.&#8221; First, 
the $1.55 level must be reclaimed and held to solidify current strength. If 
successful, the next major milestone is a weekly close above $2.20, which 
would likely trigger a more aggressive upward move. A rejection at or below 
the $1.55 mark would likely result in a liquidity sweep toward the $1.26 
level. If the selling pressure intensifies from there, the downside risk 
extends much further, with potential targets sitting in the $0.95–$0.85 range. 
Channel Floor Holding — Buyers Step In In a recent market update, analyst 
Jonathan Carter revealed that XRP&#8217;s descending channel support is holding 
remarkably strong. The altcoin is currently trading near the lower boundary of 
this multi-month descending channel on the daily chart, a zone that has 
historically acted as a springboard for price recoveries. Related Reading: XRP 
Triangle Could Point To Support Between $0.60 And $0.90 The focus for traders 
now shifts to a confirmed bounce from this support level. If the daily chart 
can print a strong reversal candle, it would validate the channel&#8217;s integrity 
and signal the start of a new upward leg. Should the bulls successfully ignite 
this bounce, Carter has outlined a series of ambitious price targets. The 
initial recovery would likely target $1.50 and $1.80, with a successful breach 
of those levels opening the door for a climb toward $2.35 and $2.70. In a full 
bullish extension, the analysis points to macro targets at $3.10 and $3.55. 
Featured image from Pixabay, chart from Tradingview.com

XRP Tests 200 EMA Breakout As Descending Channel Support Holds

The UK Gambling Commission is examining whether licensed gambling operators 
across the UK could accept cryptocurrency payments, launching what officials 
describe as an early-stage review tied to the country’s evolving digital asset 
regulatory framework. Crypto Gambling Debate Grows as UK Regulator Launches 
Review The regulator revealed on Feb. 26 that it is assessing possible 
pathways […]

UK Authorities Consider Crypto Payments for Regulated Gambling Operators

Gate Ventures, the venture capital arm of Gate.com, has made a strategic 
investment in Bitcoin finance platform Sats Terminal, a startup building tools 
that let users borrow, swap, and generate yield with bitcoin while keeping 
custody of their coins. Sats Terminal Aims to Turn Idle Bitcoin Into Liquidity 
With New Investment The funding amount was […]

Gate Ventures Backs Sats Terminal as Bitcoin Lending Tools Expand

Bitfinex Securities is relaunching regular tokenized bond issuances with 
Alternative to expand its regulated digital asset portfolio to over $260 
million. Bitfinex Securities announced the recommencement of tokenized bond 
issuances from the Luxembourg-based fund Alternative on March 2, 2026. These 
bonds are denominated in USDT and settled on the Liquid Network, a Bitcoin 
sidechain, to […]

Bitfinex to Recommence Tokenized Bond Issuances From Alternative

Ripple’s push into traditional finance appears to have taken another step 
forward after its institutional brokerage platform, Hidden Road, was listed in 
the National Securities Clearing Corporation (NSCC) directory under the 
Depository Trust &amp; Clearing Corporation (DTCC). The implications of this 
development, which recently went live, are massive for both Ripple and XRP. 
Members of the XRP community are seeing the development as a signal that 
Ripple is steadily positioning itself inside the infrastructure that powers 
conventional financial markets. Hidden Road’s DTCC Listing Places Ripple 
Inside Wall Street’s Infrastructure On March 2, 2026, a quiet but seismic 
event occurred in the crypto world. The Depository Trust &amp; Clearing 
Corporation, the backbone of the US securities market, officially added Hidden 
Road Partners CIV US LLC to its National Securities Clearing Corporation 
(NSCC) Market Participant Identifiers directory. Related Reading: Ripple Exec 
Clears The Air On Blocked XRP Transactions – When Does It Happen? Ripple&#8217;s 
decision to acquire Hidden Road was already one of the boldest moves the 
crypto industry had ever seen. Hidden Road, now operating as Ripple Prime 
following Ripple&#8217;s $1.25 billion acquisition in 2025, is a global prime 
brokerage. Before Ripple acquired the company, Hidden Road was already 
processing financing trades for over 300 institutional clients, moving 
approximately $3 trillion annually. Gaining a listing on the NSCC directory 
grants a firm direct operational standing within the post-trade workflows used 
by the world&#8217;s largest financial institutions. Ripple has done something no 
crypto company has done before: it has embedded itself into the very machinery 
of Wall Street. The NSCC listing means Ripple Prime can now process over-the- 
counter trades through the NSCC&#8217;s centralized clearing system. Ripple’s former 
CTO, David Schwartz, also acknowledged the development on X, responding to a 
post about the update with the short remark: “Seems important.” Interestingly, 
Schwartz also noted that the update comes from something that&#8217;s been in the 
works since a bit before Ripple’s acquisition of Hidden Road and rebranding to 
Ripple Prime was 100% final. XRP Holders See The Writing On The Wall The XRP 
community&#8217;s reaction has been a mix of serious institutional analysis and 
unmistakable excitement. Many holders see the DTCC listing as the clearest 
signal yet that Ripple is no longer building toward mainstream finance but is 
now arriving inside it. That perspective gained further traction after David 
Schwartz publicly reacted to the update with his brief response. Related 
Reading: The Uncomfortable Truth About XRP That Shows How High Price Can 
Actually Go &#8220;Important milestone for Ripple Prime,&#8221; wrote one X user. Another 
X user known as SMQKE noted that Ripple’s Hidden Road acquisition and the 
recent move will supercharge XRP’s utility. The contention is that Ripple 
Prime will start to gradually move parts of its post-trade processes onto the 
XRP Ledger. Even if only a portion of that institutional volume were to 
eventually move through XRPL-based settlement systems, the development could 
significantly increase blockchain activity tied to Ripple’s ecosystem. 
Featured image from Getty Images, chart from Tradingview.com

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