XRP Chart Is Aligning With History In Real Time
2025-07-09 05:35:38
Main Idea
XRP's price chart is showing signs of a potential breakout, coinciding with the U.S. Federal Reserve's transition to the ISO 20022 standard, which could enhance XRP's relevance in institutional payment flows.
Key Points
1. XRP's price is consolidating between $1.61 and $1.98, signaling a potential breakout as the FedWire Funds Service transitions to ISO 20022 on July 14, 2025.
2. Analysts suggest XRP could reach new all-time highs, with targets like $11.33, $14.48, or even $25 if the breakout occurs.
3. The ISO 20022 transition may increase XRP's institutional adoption due to Ripple's alignment with the new standard.
4. XRP's current price is around $2.28, compressed within a broader range, indicating possible infrastructure or policy changes ahead.
Description
XRP’s current market structure is drawing attention from traders once again. On the weekly chart, the asset is coiling tightly near a defined demand zone between $1.61 and $1.98, while pressing against a descending trendline that has contained price since early 2025. This setup signals a potential breakout just as the U.S. Federal Reserve prepares to upgrade its FedWire Funds Service to the ISO 20022 standard on July 14, 2025. This timing has not gone unnoticed by analysts. X Finance Bull (@Xfin...
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