**Ripple Plans $1 Billion XRP Treasury Fund Amid Key Support Testing**

Ripple has announced plans to raise $1 billion to establish an XRP treasury fund through a special purpose acquisition company (SPAC). The move aims to bolster liquidity and payment capabilities, supporting Ripple’s long-term vision for XRP as a widely adopted digital asset.

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### XRP Price Holds Key Support Amid Range-Bound Trading

XRP is currently trading near $2.29 after encountering resistance close to the upper trendline of its recent trading range. The asset remains confined within a narrow range between $2.00 and $2.30, showing limited upward momentum amid recent market fluctuations.

On the daily chart, XRP is positioned near the lower boundary of a descending channel—a pattern that analysts say mirrors previous setups that preceded strong upward movements. Investors are closely watching the $2.00 to $2.20 zone as a crucial accumulation area. If this support holds, XRP could potentially rally toward $2.72, with subsequent resistance expected near $3.32. A confirmed breakout above $3.32 may open the door for further gains, potentially pushing XRP toward $3.67.

However, failure to sustain the $2.00 support could lead to a deeper pullback, with prices possibly dropping toward $1.90. Market experts describe the current phase as familiar consolidation, with active buying near key support helping to limit short-term downside risks.

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### Ripple’s $1 Billion Treasury Plan Aims to Strengthen Market Stability

Ripple’s new treasury initiative involves raising capital through a SPAC and allocating a portion of its existing XRP holdings to create a dedicated liquidity pool. This fund is designed to support enterprise adoption and facilitate cross-border payments by enhancing overall liquidity depth.

The treasury will not only reinforce Ripple’s financial operations but also help stabilize its payment network. This aligns with Ripple’s broader ambition to build a robust infrastructure for digital assets, making XRP more accessible for institutional and corporate users seeking efficient financial solutions.

The plan comes on the heels of Ripple’s recent acquisition of GTreasury, a company specializing in liquidity and cash management. Integrating GTreasury’s expertise will expand Ripple’s capacity to manage large-scale financial operations, further strengthening its position in the global payments sector.

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### Market Sentiment and Investor Outlook

The announcement of the $1 billion treasury fund has renewed market focus on XRP, especially as it hovers near critical support levels. While short-term price action remains cautious, the treasury initiative reflects Ripple’s confidence in XRP’s long-term utility and market potential.

Traders are closely monitoring price activity within the $2.00–$2.20 accumulation zone. A sustained increase in buying interest here could signal renewed momentum toward previous resistance levels and potentially trigger a rebound.

Conversely, ongoing market uncertainty might prolong consolidation and delay a price recovery. Nonetheless, Ripple’s structured treasury plan represents a meaningful step toward enhancing liquidity and reinforcing institutional trust in XRP.

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The coming weeks will be crucial in determining how Ripple’s $1 billion treasury fund and GTreasury integration influence XRP’s price stability and overall market participation. Investors and market watchers alike remain attentive to developments that could shape XRP’s trajectory in the evolving crypto landscape.
https://coincentral.com/xrp-trades-near-key-support-after-ripple-reveals-1b-treasury-plan/