Will Gemini’s XRP Mastercard Fuel a Price Rebound?

Gemini has hinted at the upcoming launch of an XRP-themed Mastercard, sparking fresh excitement in the XRP community. The big question now: can this new product help the token escape its current downtrend?
Key Points
- Gemini teased the release of an XRP-powered credit card.
- XRP price has been under pressure throughout the month.
- Technical signals suggest bearish momentum may be fading.
Gemini Teases XRP Credit Card
On August 21, Gemini posted on X (formerly Twitter) an image of a New York billboard featuring an XRP-branded Mastercard. The poster highlighted the date “8.25.25”, likely pointing to the official launch, and mentioned WebBank as the issuing partner.
“Prepare your bags,” Gemini wrote in the caption.
The post quickly went viral, drawing over 1.7 million views, 3,100 reposts, and more than 10,000 likes, reflecting the buzz inside the XRP ecosystem. Still, neither Gemini nor Ripple has shared specifics about the card’s features at this stage.
Can the Launch Shift XRP’s Market Trend?
The announcement lands at a tough time for XRP holders. Over the past week, the token has lost nearly 15%, and it’s now trading 22% below its yearly peak.
Partnerships with payment giants often act as bullish catalysts in crypto. For instance, when Visa expanded its stablecoin settlement pilot to Solana in late 2023, SOL jumped over 20% within days. A similar reaction could follow with Mastercard’s XRP integration.
However, traders should also be cautious of a possible “sell the news” effect, where prices dip after initial hype fades.
At the time of writing, XRP is down 1.2% on the day, showing little immediate reaction to the announcement.
XRP Technical Outlook
On the daily chart, XRP has been consolidating in a $2.70–$3.30 range since late July.
- A rebound from $2.70 could form a double bottom — a bullish pattern often signaling the end of a downtrend.
- The Average Directional Index (ADX) has fallen to 22, below the key threshold of 25, suggesting that the prevailing downtrend is weakening.
- Meanwhile, the Relative Strength Index (RSI) is nearing oversold levels, another sign that selling pressure may soon ease.
If buyers step in near $2.74, the next upside target would be around $3.34.
But if the price breaks below $2.74, bears could push it lower toward $1.90, a long-standing support zone.