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Jakarta, Pintu News – Speculation regarding the potential integration between the SWIFT payment network and Ripple’s blockchain technology has fueled market attention towards Ripple (XRP).
After experiencing high volatility over the weekend, Ripple reached a weekly peak of $2.23.
With market sentiment now more positive, many are wondering how high the XRP price could go. Check out the full analysis below!
The crypto industry is abuzz with speculation that SWIFT, the global payment network, may be using Ripple’s blockchain technology. Market analyst John Squire states that an announcement about this partnership is expected within the next seven days.
“Some recent influential voices suggest that SWIFT may soon confirm that Ripple (XRP) will be part of their global payments infrastructure, which is used by over 11,000 financial institutions worldwide,” Squire said.
If this partnership happens, access to Ripple’s blockchain by the world’s top financial institutions will greatly support XRP’s price rise, with a target price of $3. Squire added that this is not Ripple’s first work with SWIFT.
In 2023, Ripple participated in an interoperability pilot program conducted by SWIFT to integrate blockchain in cross-border payments.
Read also: Price of 1 Pi Network (PI) in Indonesia Today (04/15/25)
Ripple (XRP) price shows a potential bullish breakout in the daily price chart after bouncing off the $1.79 support level. Ripple attempts to reverse resistance at the upper trend line of the descending parallel channel.
If it creates a higher low, it will change the current trend from a downtrend to an uptrend. The next obstacle that the XRP price faces is at the PoC line, where a lot of trading activity took place in the past.
If this resistance can be overcome, the market structure will favor the bulls, which will trigger an increase to $2.60. However, the RSI Indicator shows that buying pressure is still weak.
Without aggressive accumulation from buyers, the lack of buying momentum may hamper the rally and prevent a rise to the all-time high above $3. However, with speculation regarding a partnership between Ripple and SWIFT, buying activity may pick up soon.
Also read: Ripple (XRP) Price Rises After Peace with Regulators, CEO Thanks Trump!
With this potential partnership, the price of XRP is expected to continue trending upwards and reach $3 before the end of this month. Some analysts are optimistic that Ripple could reach $45 if it follows previous price patterns.
This significant increase will depend on how the market responds to the official announcement and implementation of the partnership in SWIFT’s day-to-day operations.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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XRP Price Prediction April 15, 2025: Ripple and SWIFT Potential Collaboration, XRP Ready to Surge? – Pintu
