XRP price started a fresh increase above the $2.30 zone. The price is now showing positive signs and might climb above the $2.32 resistance.

• XRP price started a fresh increase above the $2.280 zone.
• The price is now trading above $2.280 and the 100-hourly Simple Moving Average.
• There is a key bullish trend line forming with support at $2.280 on the hourly chart of the XRP/USD pair (data source from Kraken).
• The pair could start another increase if it stays above the $2.250 zone.

The evolution of Web3 banking is starting. XRP is applying to become a bank in the latest Ripple SEC news. So should I sell my house to buy more XRP? Short answer: NO, but the price is in a crucial position. After briefly spiking to $2.32, XRP has slipped toward the $2.25 range.  Price action is tightening along the lower Bollinger Band, pointing to volatility compression. That’s typically a precursor to a major move, and right now, the bias is leaning south. If we won’t moon today, when will we moon then? The world’s new bank won’t look like a building.
It will look like code.
It will sound like silence.
And it will settle in XRP. pic.twitter.com/cK4Mu9yU3p — ᴍᴇʀʟɪɴ ᴛʜᴇ ᴡɪᴢᴀʀᴅ (@MerlinXRP) July 3, 2025 DISCOVER: 20+ Next Crypto to Explode in 2025 Death Cross and MACD Add Bearish Pressure Ripple Labs is making a play for Wall Street legitimacy. A July 2 filing with the U.S. Office of the Comptroller of the Currency seeks a national bank charter that would let Ripple operate as a federally regulated trust bank. If approved, it puts XRP in the running for institutional-grade use, from cross-border payments to potential stablecoin infrastructure. 99Bitcoins analysts see the move as a strategic end-run around slow-moving crypto regulation, potentially clearing a path for Ripple to secure Fed master account access and an eventual XRP spot ETF. In short: bros, it’s only just beginning for us. Long-term, it could mean a solid tradfi-defi integration for XRP with more liquidity management and use cases for the token. (XRPUSDT) Conversely, technical indicators aren’t doing XRP bulls any favors. A “death cross” recently formed on the daily chart, with the 20-day moving average crossing below the 200-day. That’s historically a bearish signal, often followed by extended downside. At the same time, the MACD has flipped negative, crossing beneath the signal line. DISCOVER: Best Meme Coin ICOs to Invest in 2025 Head and Shoulders Pattern Raises Breakdown Risk Adding to the short-term bear case, XRP is flashing a head-and-shoulders pattern on the daily chart. If $2.23 gives out, the next stop could be $2.20 or lower, with $2.15 waiting in the wings. Volume has also dried up since the last rally. Lower timeframes show more of the same. XRP’s been boxed between $2.25 and $2.35 for hours now. A brief bounce off $2.26 got smothered at resistance, suggesting the bulls may be losing steam. XRP pump did NOT die she’s taking a breather, there’s a difference — danny (@defiphvntom) July 7, 2025   Despite recent weakness, the broader trend still favors the bulls. The daily chart shows a series of higher lows since XRP bottomed at $1.908, and the 10 to 100-day EMAs continue to flash buy signals. However, the 200-day SMA now sits above current price at $2.36, acting as a lid on further upside. XRP on the Edge: $2.25 or Bust XRP keeps climbing out of its $1.90 bottom, marking higher lows and clinging to buy signals from short and mid-term EMAs. Yet the 200-day simple moving average, now at $2.36, isn’t budging. If support at $2.25 breaks with conviction, the structure risks unwinding toward $2.20 or lower. On the other hand, a bounce with volume could reignite momentum and set up another test of the $2.35–$2.40 range. Traders should watch $2.25 like a hawk because it’s the fulcrum for what happens next. EXPLORE: Tether CEO Paolo Ardoino Hopes For Net Positive From US Elections, Says Bitcoin Strategic Reserve Is A Great Idea: 99Bitcoins Exclusive Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways

• TXRP is applying to become a bank in the latest Ripple SEC news.
• Despite recent weakness, the broader trend still favors the bulls. The daily chart shows a series of higher lows since XRP bottomed

Interest in cryptocurrency is growing in the U.S. due to regulatory changes and institutional support. Key cryptocurrencies under consideration include […]

• XRP lawyer Deaton revealed direct conversations with Linqto’s leadership and stakeholders, uncovering mixed reactions, some alleging fraud by founders Bill and Vicki Sarris.
• Deaton assured that customer investments in pre-IPO firms like Ripple and Circle are intact, with Ripple shares now valued around $800 million and Circle investments reportedly yielding a 6x return.

Analysis showed that XRP swing traders can look to go long once the mid-range resistance was retested as support.

XRP has exhibited a strong upside move this year, surging towards $3 following renewed optimism after the U.S. SEC acknowledged a filing by NYSE Arca for Grayscale’s XRP ETF application. Notably, XRP, this rally gained momentum after the crypto asset broke past the key $2 resistance, following news of the filing. That said, this sharp rise has sparked optimism among analysts, with some suggesting that the price could soon reach double-digit territory. Popular crypto analyst Egrag Crypto provided a detailed short-term outlook for XRP in a post on Wednesday, stating that last week’s flash crash was a “manipulation event” that liquidated many leveraged traders. He emphasized that XRP remains on an upward trajectory, maintaining strength as long as it stays above a critical blue channel. “Wicks can occur, but if we close below any of the targets listed, it would be a negative signal,” Egrag Crypto had tweeted. “Conversely, closing above any of the upper targets would be very positive. The higher the close and the longer the timeframe, the better.” The pundit further expressed hopes for XRP’s surging further, in a tweet on Friday, noting that anything between $2 and $3.40 is “just noise” in the market. “We’re now eyeing the Ascending Triangle. A close above $2.75 could lead to a positive move. Target Alert: The target is $3.40. Closing above this level is key for a new all-time high.” He tweeted on Friday, reiterating his bullish stance. Elsewhere, analyst Ali Martinez identified an ascending channel on the 4-hour chart, noting that “As expected, XRP is rebounding from the lower boundary of its channel, gaining momentum toward $3″. Similarly, analyst Arina Karayi provided a technical analysis on TradingView, noting that the price is stabilizing within a key zone consolidation area of the ascending channel. She further pointed out that a third touch on the lower boundary of the ascending channel could “act as a strong support zone, potentially leading to a bullish rebound” to $3.6. However, Karayi also warned that if bearish momentum persists and breaks the key support level, XRP may drop to targets at $2.2319 and possibly $1.9603 before any significant upward movement resumes. Additionally, analyst Dark Defender highlighted the Fibonacci indicator and the Elliott Wave Theory, suggesting that XRP might be in a correction phase before targeting higher levels. “Our structure has not been changed for 18 Months. When you zoom out, you see how successfully we defined the path. It was the same path for months. Fibonacci levels are precise at $5.85 and $8.76, which we precisely hit $1.88 and are now using as support,” he stated. At press time, XRP was trading at $2.22, reflecting a 1.96% drop in the past 24 hours.

Ripple’s long-standing partner SBI Holdings recently made a huge XRP transfer worth a whopping $703 million, driving speculation through the roof. On-chain metrics provider Whale Alert called out this development by revealing the transfer of 320 million XRP. This significant token movement happened before Ripple’s monthly release of 1 billion XRP from escrow. Therefore, speculations are high that SBI made a preemptive maneuver in anticipation that increased supply might suppress XRP’s price. XRP’s Stagnation Intensifies XRP’s price has been range-bound for a couple of weeks, with the 4th-largest cryptocurrency based on market capitalization finding itself in the $2.10 and $2.20 zone. Nevertheless, market analyst Lingrid believes that all hope is not lost because as long as XRP continues to hold the $2.00 base, the altcoin might witness a breakout to the $2.45 area. Source: Lingrid She added, “XRP is gradually rising inside a broad channel structure, approaching the descending resistance line after a series of bullish triangle formations. Momentum has shifted upward following repeated bounces from the lower support line, creating a stair-step climb. Buyers are accumulating pressure just under resistance with a potential spike imminent.” Meanwhile, a crypto strategist known for accurately predicting the mega XRP price eruption in the fourth quarter of 2024 says that the Ripple-affiliated crypto may be on the verge of igniting another parabolic surge. The pseudonymous analyst DonAlt stipulated that XRP might be gearing up for “Round 2” of its bullish run. As a wait-and-see approach engulfs XRP, the altcoin is currently trading at $2.22.

• Ripple moves to become a full-service bank, cutting out intermediaries and eyeing direct Fed access.
• If granted the charter, XRP may shift from speculative asset to core infrastructure in banking.

The long-standing and controversial question of whether Ripple payments could one day replace the Society for Worldwide Interbank Financial Telecommunication (SWIFT) is gaining renewed attention in the crypto market. A prominent XRP analyst has highlighted a significant shift in the Ripple payment infrastructure that could represent a potential turning point in the crypto company’s bid to challenge SWIFT’s decades-long dominance in global cross-border settlements.  XRP Analyst Unveils Ripple’s Latest Moves In his latest X social media thread, crypto market analyst Pumpius explains how Ripple could eventually supersede SWIFT as a cross-border payment infrastructure and settlement layer for banks. The analyst highlights recent developments that continue to fuel Ripple’s growth and position it as a prime candidate for transforming global financial messaging.  According to Pumpius’s report, Ripple has taken a significant step forward in its bid to transform the global financial system, as recent developments show deepening infrastructure integration. The XRP analyst disclosed that Ripple payments have officially integrated with EUR and GBP International Bank Account Numbers (IBANs), marking a critical evolution in its offering. This suggests that Ripple is no longer just processing payments, but enabling institutional-grade banking functionality within its ecosystem. Through partnerships with OpenPayd, Ripple is granting financial institutions access to programmable dollar liquidity. OpenPayd clients can now mint and burn the Ripple on-chain stablecoin, RLUSD, in real-time. The XRP analyst has called this new development a faster and potentially more efficient programmable USD liquidity on demand. He highlights that this capability also unlocks automated FX, compliance solutions, and seamless cross-border fund movement.  Pumpius describes Ripple’s latest developments as a game-changing moment for blockchain-based finance. Rather than acting as a parallel system, the crypto company is now positioning itself as a new banking layer, built entirely outside the legacy infrastructure, but fully equipped to serve its institutional clientele.   How Ripple Could Replace SWIFT’s Legacy Pumpius’s X report suggests that Ripple’s evolution isn’t limited to just speed or low-cost payments. The core technology behind XRP and Ripple’s APIs aims to replace key functions of the SWIFT network, which currently facilitates interbank financial messaging and settlements globally.  The analyst notes that Ripple’s model delivers what SWIFT does not, including real-time foreign exchange, end-to-end automated banking APIs, instant stablecoin-to-fiat conversion, and settlements via XRP. What makes the potential transition from SWIFT to Ripple even more tangible is the live infrastructure now running behind the crypto payment company’s system.  According to Pumpius, liquidity corridors are no longer theoretical for Ripple, but operational. The company’s stablecoin rails are also highly active, while XRP has evolved from its status as a speculative asset into being used for final settlements in real financial flows. Overall, the integration of IBANs and the launch of RLUSD make Ripple a direct competitor to SWIFT. And as the analyst notes, these developments are more than incremental signs of growth—they mark a potential turning point in Ripple’s goal to replace SWIFT.

Proponents of XRP are stepping up their pitch this week, calling the token “one of the greatest wealth transfers in history.” They argue it’s more than just another crypto. You’ll hear claims that XRP is already reshaping global finance and leaving old systems in the dust. According to influencer Coach JV, Ripple is building a whole new rails for money. He says XRP isn’t here to compete with banks. It’s here to replace them. He points out that transactions on the XRP Ledger settle in 3–5 seconds and cost fractions of a penny. That beats SWIFT transfers, which can take days and cost up to $50 per payment. XRP still trades around $2,25 but that figure, he argues, won’t stay low for long if the token keeps winning regulatory approvals and new partners. XRP is the most disruptive financial technology of our lifetime. Ripple isn’t just competing with the banking system, it’s replacing it. The old system is dead. The new financial rails are being laid right before your eyes. Stay asleep and you’ll miss the greatest wealth transfer… — Coach, JV (@Coachjv_) July 2, 2025 Ripple’s Technology Versus Legacy Rails Based on reports, RippleNet now counts more than 300 financial institutions in its network. Yet daily on‑chain volumes for XRP hover around $1 billion—small next to global cross‑border flows of roughly $150 billion per day. Banks are testing the tech, but most haven’t shifted large sums yet. That gap between tests and real‑world use is one reason XRP’s price has stayed below its all‑time high for seven years. Push For Regulatory Clarity XRP backers are watching the US carefully. They see growing buzz around spot XRP ETFs. Analysts like Eric Balchunas have given those filings up to 95% odds of approval by year‑end. If an ETF hits a US exchange, they say, more money will pour in. Ripple has also been chasing money‑transmitter licenses in Europe and Asia. Every new license, they believe, brings Ripple a step closer to mainstream use. Community Calls For Patience Coach JV keeps telling followers not to panic over a stagnant price. He uses phrases like “greatest wealth transfer in history” to drive home his point. In an earlier tweet, he promised “unimaginable wealth” for anyone who holds on. Other voices, such as commentator Edoardo Farina, point out that only about 1 to 2 million people hold XRP today. That number, they say, leaves room for 100 million or more newcomers—and more buyers often means higher prices. Analysts Caution Over Hype Even so, some experts urge caution. They note that bold forecasts don’t guarantee buy‑in from big banks or regulators. An ETF approval won’t force funds to rush in overnight. And test programs don’t always turn into full rollouts. For now, XRP remains a high‑risk play. Investors should track on‑chain metrics and regulatory milestones before getting swept up in the hype. Featured image from Meta, chart from TradingView