Ripple’s CEO Says Rumors About Big Bank Deals Are Misleading

The top Ripple executive has called out the buzz on social media that a huge announcement about central banks and XRP is coming. He said the hype is almost always wrong and that people should not invest time or money based on it.

He also explained that many partners keep secrets with non‑disclosure agreements, but those do not mean a major event is about to happen.

Earlier comments from a board member claimed the company talks with thirty central banks, but the CEO clarified that this does not mean the banks will use XRP for their currencies.

He stressed that “public” conversations do not equal imminent adoption and warned against treating these talks as proof of a future big deal.

Market Snapshot

• Price: $1.4479 – right on the Supertrend line that has held support for four days.
• Chart Pattern: Symmetrical triangle on a two‑hour chart.
• MACD: Bullish signal, histogram turning green – a small but timely sign of an upward trend.
• Key Levels:
• Support: $1.4179, $1.40
• Resistance: $1.46, $1.50, $1.52

The triangle apex is expected soon; a break above $1.46 would confirm the next upward move.