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 assets. In 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 rails. Issued by WebBank and powered by Mastercard, it offers instant crypto cashback up to 4% in XRP. For XRP supporters, this marks a true utility milestone. Instead 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 exchanges. Gemini 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 platform. The market reacted swiftly but with divided sentiment. Social 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 swings. Analysts 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 directly. XRP 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 hold. At 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 gains. At 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 caution. The 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 hand. This balance reflects the indecision across broader crypto markets, where participants are waiting for a decisive move before committing further capital. While 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 emerge. If 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 rally. Hype Dyor stresses this is a pivotal moment for XRP. With 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 move. Conclusion 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 counters. On 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.
