Ripple Price Forecast: XRP could extend recovery after $300M XRP treasury filing with US SEC

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Ripple Price Forecast: XRP could extend recovery after $300M XRP treasury filing with US SEC
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Ripple’s (XRP) price has stalled after testing resistance at $2.27. The token hovers at around $2.24 at the time of writing on Wednesday, amid lethargic sentiment in the broader cryptocurrency market.

consolidates in a narrow range between support offered by the 50-period EMA and resistance at the 100-period EMA.China-based Webus International files with the SEC to raise $300 million for

-focused corporate treasury strategy.The filing, which used the Form 6-K to update the Commission and US investors, was published on Tuesday following an announcement made on May 29. Webus intends to raise funds through a non-equity credit facility to support the treasury initiative as well as Ripple-powered payments.To spearhead the development, Webus signed a partnership agreement with Samara Alpha, an asset management firm.

futures contracts byCoinbase Derivativesand theCME Group. derivatives market data indicates bullish potential, with Open Interest rising by 1.31% to $4.00 billion. is the native token of the decentralized blockchain Ledger chain, helping financial firms save on the cost of transacting worldwide. What is

L is maintained by a peer-to-peer network known as the global

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