XRP may be poised for a rally to $2.65, driven by a bullish trading pattern and heightened investor interest following Ripple Labs' application for a US banking license. CEO Brad Garlinghouse announced on X that the firm is seeking a national bank charter from the Office of the Comptroller of the Currency (OCC), which could establish a new benchmark for trust in the stablecoin market. Analysis of XRP charts shows that it rebounded off the 20-day exponential moving average at $2.19 and broke above the 50-day simple moving average at $2.23, indicating bullish momentum. Key resistance is anticipated at $2.34, where if XRP breaks through, it could pave the way for a challenge to $2.65. A bullish inverse head-and-shoulders pattern has formed, and a breakthrough at the neckline could lead to a target of $2.76. However, if prices fall below $2.14, the outlook could shift towards a decline.

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