XRP Eyes $3 as SWIFT Partnership Rumors Heat Up—Here’s What to Expect

XRP

Getting your Trinity Audio player ready...

XRP is grabbing headlines once again, as fresh speculation around a potential partnership between Ripple and the SWIFT banking network fuels bullish sentiment. After rebounding from key support at $2, Ripple’s native token surged to a weekly high of $2.23, signaling growing investor confidence.

Market chatter intensified over the weekend after reports suggested the Federal Reserve might step in to stabilize financial markets amid rising tariff tensions. This macroeconomic backdrop has added fuel to XRP’s recent bounce, but it’s the swirling rumors of a SWIFT integration that are sending the crypto community into a frenzy.

According to crypto analyst John Squire, SWIFT could announce a partnership with Ripple within the next seven days. “There’s strong speculation that SWIFT may officially incorporate Ripple’s blockchain—possibly XRP—into its global payment system,” Squire noted. SWIFT currently connects over 11,000 financial institutions, and a formal alliance could supercharge XRP’s global relevance.

This wouldn’t be Ripple’s first interaction with the global payments giant. In 2023, Ripple was part of SWIFT’s blockchain interoperability pilot programs, laying the groundwork for a deeper integration.

Bullish Technical Signals Emerge

XRP is now testing a breakout from a descending parallel channel on the daily chart. A successful flip of the resistance could mark the beginning of a new uptrend, targeting $2.60 as the next key level. However, weak Relative Strength Index (RSI) readings hint at tepid buying pressure. Traders will be watching closely to see if momentum builds in the coming days.

Should the SWIFT partnership materialize, analysts say XRP could swiftly hit the $3 mark—and possibly higher. Some bullish forecasts even suggest a return to previous highs around $45 if historical price patterns repeat.

How High Can XRP Price Go If Swift Integrates With Ripple This Week?
XRP/USDT: 1-day Chart

For now, XRP sits at $2.12, with eyes glued to a potential announcement that could redefine global finance—and XRP’s role in it.

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.

Also Read: Ripple’s $50M Fine to SEC Might Be Paid in XRP—Here’s What It Means for U.S. Crypto Reserves