Gemini and Ripple Partnership Fuels XRP Rally, But Technical Risks Loom

2026-01-06 22:57:42

Source: CryptoNewsNet Original Title: Top US Exchange Puzzled by XRP Rally Original Link: Gemini, the cryptocurrency exchange founded by the Winklevii, recently used Grok (xAI’s chatbot) to showcase the significant price action on XRP.

The popular US trading platform asked the chatbot to identify reasons for the token’s impressive rally.

A Major Partnership

The strong relationship between Gemini and the XRP community stems from a formal business partnership solidified in late 2025.

In August 2025, Gemini and Ripple officially collaborated to launch the “XRP Edition” of the Gemini Credit Card. Tyler Winklevoss actively marketed this initiative to the community, with Ripple executives participating in the campaign.

Additionally, reports on Gemini’s IPO plans revealed that Ripple provided Gemini with a $75 million credit line, expandable to $150 million.

Both companies had previously engaged in significant legal disputes with the U.S. Securities and Exchange Commission (SEC). Tyler Winklevoss publicly defended Ripple, even arguing that certain state officials should face accountability after a federal judge ruled XRP is not a security.

Gemini was among the first major exchanges to integrate RLUSD, Ripple’s USD stablecoin, as a base currency for trading.

Technical Caution

However, legendary trader John Bollinger recently ranked XRP’s technical setup below that of Bitcoin, despite the former’s stronger percentage gains.

The token has experienced an almost vertical ascent with no “firm support base” underneath, making it vulnerable to a sharp pullback.

XRP-6,51%

BTC-2,03%

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