Quinceanera Ring
The ring serves the same purpose as the bracelet. It symbolizes God's unending love. The quinceanera may receive one or both of these items. Often the ring and bracelet will be part of a matching set, like the cute set I found and linked to on my quinceanera resource page.
The ring will be blessed by the priest or minister and presented to the quinceanera at the church ceremony in most cases.