Uphold Relaunches US Debit Card Offering 6% Ripple Rewards

Uphold Reintroduces US Debit Card

  • Uphold has relaunched its US debit card, offering up to 6% in XRP rewards on payments made with fiat, cryptocurrencies, and stablecoins.
  • The card allows spending over 300 cryptocurrencies wherever Visa is accepted.
  • Users can earn an additional 4% in XRP rewards by allocating a portion of their paycheck to Uphold, totaling potential rewards of 10%.
  • XRP rewards are valid for 90 days post-account sign-up, after which standard rates apply.
  • This move coincides with a surge in interest for crypto payment solutions, highlighting Uphold's strategic market adaptation.

Ripple (XRP) Price Analysis

  • XRP is trading at $2.45, experiencing a 3.9% decline amid market uncertainty due to upcoming Trump-China trade talks and reactions to a US Federal Reserve rate cut.
  • The price is currently within the Keltner Channel, facing resistance at $2.55 and support at $2.26.
  • Technical indicators show neutral-to-weak momentum, with the RSI near 43, suggesting limited bearish pressure.
  • A break above $2.85 could lead to a rise towards $3.00, while failure to hold above $2.26 may result in a drop to $2.10 or lower.

Ripple (XRP) Price Forecast | Source: TradingView