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Ripple Expands in Africa While XRP Tries to Recover

XRP is sitting around $2.26 right now, trying to climb back to more respectable levels while Ripple keeps building out payment infrastructure across Africa. The company just partnered with Absa Bank, adding to their earlier deals with Chipper Cash and their RLUSD stablecoin.

Ripple’s Africa strategy makes sense when you think about it. Banks across the continent are sick of paying crazy fees and dealing with slow settlement times. Ripple’s basically saying they can do both faster and cheaper, which is exactly what African finance leaders want.

The RLUSD stablecoin that Ripple launched is supposed to make cross-border transfers easier without all the fee headaches. Adding Absa Bank to the mix gives them another major bank testing out their payment system alongside partners like Santander and SBI.

On the price side, XRP traders are watching specific levels pretty closely. If it can’t hold above $2.30, things could get ugly with potential drops to $2.05 or even $2.00. The real target, though, is getting back above $2.40-$2.50, which would unlock the path toward $2.80 and possibly higher.

The bigger picture is that if Ripple keeps stacking partnerships and actually gets real payment volume flowing through their network in Africa, that utility story could help offset some of the macro headwinds hitting crypto right now. But first, XRP needs to prove it can hold these support levels.

Conclusion

Ripple’s growing presence in Africa could finally give XRP the real-world utility investors have been waiting for, but its ability to maintain support levels will determine if this momentum truly lasts.

Also Read: Ethereum Could Drop

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