XRP is experiencing renewed market optimism following reports of a potential partnership between Ripple and American Express. According to crypto researcher SMQKE, American Express is reportedly utilizing Ripple’s blockchain platform, indicating a possible transition from pilot projects to broader adoption. This development has sparked speculation about XRP entering a quiet accumulation phase.
Analyst Innovator of Africa suggests that XRP could break out from its $2.5 support level, with technical indicators pointing towards a potential rally. Currently, XRP is trading at $2.45, as investors watch for further developments in the alleged partnership.
Ripple's Potential American Express Partnership Fuels XRP Optimism
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