Ripple CEO Brad Garlinghouse Flaunts Gemini XRP Card as $2.73 Support Gains Attention

XRP Rewards Credit Card Launches Garlinghouse has set the XRP community buzzing with a bold announcement about the debut of an XRP rewards credit card that brings real-world utility to digital ￰0￱ his words , “An XRP rewards credit card out in the world?! What a time to be alive, XRP family.” Gemini’s XRP Edition card isn’t just flashy metal, it’s a real rewards card running on traditional banking ￰1￱ by WebBank and powered by Mastercard, it offers instant crypto cashback up to 4% in ￰2￱ XRP supporters, this marks a true utility ￰3￱ of relying on speculative price swings, holders can now earn XRP passively through everyday spending, turning routine purchases into a steady way to accumulate tokens without using ￰4￱ positions the card as part of a larger strategy to expand XRP’s real-world adoption, alongside initiatives like integrating Ripple’s RLUSD stablecoin across its ￰5￱ market reacted swiftly but with divided ￰6￱ media buzzed with both hype and trolling after Garlinghouse’s reveal, while crypto outlets highlighted the card as a new utility boost for XRP amid price ￰7￱ cautioned that card launches rarely guarantee lasting token demand, but agreed it strengthens XRP’s credibility as a payments asset.

Nevertheless, practical adoption is what counts. A rewards card turns everyday spending into on-chain assets, easing entry for users hesitant to buy crypto ￰8￱ Faces Critical Test at $2.73 Support as Descending Triangle Looms According to market analyst Hype Dyor, XRP is trading at $2.87 and showing signs of a descending triangle pattern, a formation that often signals potential downside if support levels fail to ￰9￱ present, the critical line in the sand is $2.73. If XRP breaks below this threshold with strong volume, the bearish projection points to a slide toward $2.33, erasing much of the coin’s recent ￰10￱ the time of this writing, XRP had gained some momentum and was trading at $2.91, according to CoinGecko data .

Nevertheless, the current technical setup leaves traders in a state of ￰11￱ 20-day Exponential Moving Average (EMA) sits at $3.04, keeping prices capped beneath short-term resistance. Meanwhile, the Relative Strength Index (RSI) remains in neutral territory, suggesting that neither buyers nor sellers have a clear upper ￰12￱ balance reflects the indecision across broader crypto markets, where participants are waiting for a decisive move before committing further ￰13￱ downside risks remain, the bearish outlook isn’t locked in. A breakout above the triangle’s downtrend line could swiftly shift sentiment bullish, opening a path toward $3.40, a key liquidity zone where sellers often ￰14￱ buyers sustain momentum beyond that level, XRP could retest its recent all-time high (ATH) price of $3.65, potentially invalidating the bearish setup entirely and igniting a fresh ￰15￱ Dyor stresses this is a pivotal moment for ￰16￱ price compressing into a tight range, he notes that a decisive break, below $2.73 or above the downtrend line, will set the direction for the next major ￰17￱ If Gemini scales XRP rewards card with strong merchant ties and user education, it could normalize crypto awards and reinforce XRP’s real-world utility, the exact narrative Ripple CEO celebrated with the bottom line being XRP just gained a tangible bridge from wallets to checkout ￰18￱ the other hand, XRP’s immediate future hinges on the $2.73 support level.

A breakdown could usher in a sharper correction toward $2.33, while a breakout above resistance may trigger a rally to $3.40 and beyond.