Today's XRP news: Ripple Payments global expansion, is a $3 breakthrough imminent?

As bullish sentiment continues to rise in the crypto market, Ripple (XRP) is temporarily reported at $2.83 on September 4, approaching the key resistance level of $3.00. The warming of the regulatory environment in the United States and Ripple Payments' global expansion are providing strong support for XRP's short-term pump.

Favourable Information: SEC and CFTC Join Forces to Promote Spot Encryption Trading

On September 2, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) issued a joint statement, clearly stating that registered exchanges in the United States will not be prohibited from listing and trading specific spot digital assets.

SEC Chairman Paul Atkins emphasized that market participants should have the right to freely choose their trading venues. CFTC Acting Chair Caroline D. Pham stated that this is the latest initiative to support the growth of the crypto market.

The statement is part of the SEC's "crypto currency project" and the CFTC's "crypto currency sprint" initiative, based on the findings of President Trump's Digital Asset Working Group. Once the rule changes are approved, certain digital assets will be available for spot trading on U.S. registered exchanges such as Nasdaq and the Chicago Mercantile Exchange (CME).

Ripple partners with Thunes to expand cross-border payment landscape

Ripple announced a partnership with Singapore-based payment infrastructure company Thunes to support real-time cross-border payments for more currencies and markets.

Chloe Mayenobe, CEO of Thunes: The collaboration will enable digital asset companies to provide compliant and accessible cross-border payments on a large scale.

Fiona Murray, Managing Director of Ripple Asia Pacific: Collaboration will promote low-cost, seamless transactions to meet the global demand for blockchain financial solutions.

Ripple Payments currently has 64 valid licenses in 90 markets, supporting over 55 global currencies, providing individuals and financial institutions with instant cross-border payment capabilities.

Technical Analysis: XRP Issues Strong Bullish Signal

(Source: Trading View)

Current price position: above the 50-period EMA ($2.86)

MACD: Has been continuously issuing buy signals since Monday.

RSI: Rises to 57, indicating increased buying pressure.

The short-term goal is to break through the 3.00 USD resistance level. Once it stabilizes, it will further consolidate the bullish trend.

Key support: $2.85 (50-period EMA), $2.70, $2.50

Risk warning: If it falls below 2.85 dollars, it may trigger profit-taking and weaken the weekly pump.

Conclusion

XRP is currently at a convergence point of multiple favourable information:

Improvement in the regulatory environment → The prospects for spot trading and ETFs are clearer.

Ripple Payments Expansion → Strengthening Global Payment Network and Use Cases

Technical analysis is bullish → MACD, RSI, and EMA resonance

If it can break through 3.00 USD and hold steady, XRP is expected to kick off a new round of pump. However, investors still need to pay attention to the defense situation at the 2.85 USD support level, as well as the latest developments in US regulations and macroeconomic data.