XRP Loses $1.40 Support as Ripple Links Token to Stripe Payments Protocol

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XRP Loses $1.40 Support as Ripple Links Token to Stripe Payments Protocol
PrimeXBT Editorial Team
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XRP

XRP lost the $1.40 support level even as Ripple linked the token to Stripe's Machine Payments Protocol on September 17, opening a new payments use case. XRP now trades at $1.38 and is testing its 50-day average near $1.45, with analysts eyeing a break toward $1.55.

XRP fell 3% over the past 24 hours after losing the $1.40 support level, even as Ripple linked the token to Stripe's Machine Payments Protocol on September 17, letting AI agents pay for data and services with XRP. Trading volume rose to $2.8 billion, pointing to strong investor demand for the token.

Stripe's AI Payments Protocol Adds a New Use Case

Ripple shipped version 1.1 of its XRPL Starter Kit on September 17 (CoinCodex), connecting XRP to the Machine Payments Protocol built by Stripe and Tempo. The update adds Machine Payments Protocol support and the Open Wallet Standard, which lets software manage wallets across multiple blockchains through one interface.

One-time payments already work with XRP and XRPL-issued assets such as RLUSD, following the standard request-price-authorize-deliver flow. Programs can now pay for data and services in XRP with no person clicking a button, according to Benzinga.

Stripe moves billions of dollars in volume each year, and even a thin slice flowing through XRP changes the math fast. XRP also holds a separate distinction: the CFTC named it one of 18 digital commodities in March.

XRP Tests the $1.45 Resistance Level

XRP trades at $1.38 on September 20, having bounced off a $1.29 low earlier this week. The token now tests its 50-day average near $1.45, and a close above that support level would open the path to $1.55, August's high.

Analysts at crypto.news see a bull case near $3.00 by year-end, pointing to the Stripe integration as a use case that didn't exist seven days earlier. XRP still sits 54% below its 2021 peak, and a break above $1.55 would mark its first higher high since May.

ETF flows stayed positive this week, closing near $9 million.

Source: Cryptonews

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