XRP Taps Japan’s 44 Million Users, But Is This the Breakout Moment for Ripple Price?

Rakuten Wallet, the crypto arm of Japan's Rakuten Group, will list XRP for spot trading on April 15, integrating it with Rakuten Points and Rakuten Pay. This move connects XRP to Japan's largest loyalty and payments ecosystem, potentially offering a broad retail crypto on-ramp for its 44 million users. Users can convert Rakuten Points directly into XRP without fiat deposits and then use it for purchases across over 5 million merchant locations. Despite this significant integration, XRP's price is currently trading near $1.37 and is confined within a bearish descending triangle pattern, facing resistance at $1.40 and needing to reclaim $1.45 for a meaningful recovery. A decisive close above $1.43 would invalidate the bearish trend. The actual impact on XRP's price will depend on user adoption rates following the April 15 launch.

(Source：BeInCrypto)