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Reading: Why Is XRP Rising? Current View in Dogecoin as of November 6
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EdaFace Newsfeed > Latest News > Altcoin News > Why Is XRP Rising? Current View in Dogecoin as of November 6
Altcoin News

Why Is XRP Rising? Current View in Dogecoin as of November 6

vitalclick
Last updated: November 6, 2025 8:12 am
4 hours ago
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Contents
Ripple and Mastercard Collaboration Strengthens XRP DemandInstitutional Rotation Balance in Dogecoin

XRPThe price of has increased by 4.9 percent in the last 24 hours to $ 2.35, making it the strongest rise of the week. The breaking of the critical resistance at $2.30, along with increasing institutional volume, led investors to set their sights on $2.50. dogecoin $0.163726 Although it was traded at $0.1657 with a limited decrease of 0.5 percent in the same period, it maintained its structural appearance. The price movements of both altcoins indicate a cautious market structure driven by professional investors.

Ripple and Mastercard Collaboration Strengthens XRP Demand

The most important element in the acceleration of XRP Ripple $2.23, MasterCard, WebBank And Geminihas launched a new RLUSD-supported payment pilot on XRP Ledger. The initiative will enable a regulated bank in the United States to process real credit card transactions on a public blockchain for the first time.

Operating under the New York Trust Charter RLUSDAs ‘s circulating supply exceeded $1 billion, the pilot allowed the Ripple ecosystem to go beyond cross-border payments and be tested in corporate infrastructures.

XRP

According to market data, the breakout triggered by a volume of $164 million allowed XRP to rise to $2.39. As the resistance level turned into a bottom, $2.32 became a strong support position. RSI The increase in the indicator shows that the momentum is not exhausted yet. The continuation of institutional fund flow is seen as critical for XRP to move towards the $2.50–2.60 range.



Institutional Rotation Balance in Dogecoin

dogecoin On the side, corporate purchases concentrated at $0.1620 in the first days of the week. Then, when it approached the $0.1670 band, profit sales came into play, causing the price to relax for a short time. On the other hand, the fact that the channel structure does not deteriorate indicates that the upward trend is maintained.

The bullish attempt, supported by a trading volume of $774 million, showed that professional investor interest remains strong. According to analysts DOGEHolding at $0.1620 is critical for channel integrity. Permanent closes above 0.1670 may bring the $0.17–0.175 range back to the agenda.

Disclaimer: The information contained in this content is not investment advice. Please note that cryptocurrencies involve high volatility and therefore risk. It is recommended that you make your investment decisions based on your own research and risk assessments. You can review our Trust Center page for detailed information.

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