XRP shows potential for a rally to $2.65 driven by a bullish trading pattern and heightened interest due to Ripple Labs' application for a US banking license. CEO Brad Garlinghouse announced that the firm seeks a national bank charter, which could establish a new standard for trust in the stablecoin market. Technical analysis reveals that XRP rebounded from the 20-day EMA at $2.19 and broke above the 50-day SMA at $2.23, indicating bullish sentiment. The XRP/USDT pair is expected to face strong resistance at $2.34, but if breached, could lead to a rally towards $2.65, with significant sellers likely to defend this level. Conversely, failure to hold above the 20-day EMA may indicate selling pressure, hinting at a range-bound market between $2.34 and $2.00. Additionally, a bullish inverse head-and-shoulders pattern suggests a move towards $2.42 and potentially to $2.76 if momentum continues.

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