XRP Price Prediction: Ripple’s $1.25B Move Targets $2.63 Breakout Level
Ripple’s $1.25B Hidden Road deal unlocks $11T clearing access; XRP eyes $2.63 as price holds above key trendline and EMA support.
Quick overview
Ripple’s $1.25 billion acquisition of Hidden Road isn’t just another headline—it’s a calculated move into traditional finance. Hidden Road’s new membership in the Government Securities Division of the Fixed Income Clearing Corporation (FICC) puts Ripple one step closer to the heart of U.S. Treasury markets which clear over $11 trillion daily.
This means Ripple—and by extension the XRP Ledger—a clearer path into institutional grade settlement.
Some XRP holders thought this would put XRP at the core. Ripple clarified that RLUSD their enterprise focused stablecoin will be used as collateral for post trade settlement. XRP will still play a role in supporting network fees and infrastructure automation but will not be at center stage.
XRP Technical Outlook: Bulls Defend Trendline
XRP/USD is currently at $2.375 down 3.08% after a rejection at $2.48. But the technicals are still bullish. Price is holding the trendline from earlier this month which is close to the 200 period EMA at $2.368. This zone $2.33-$2.36 has been a reliable launchpad for previous rallies.
Price action is forming a rising wedge which often resolves up when supported by volume. The rejection at $2.48 was the third attempt at that level and has created a short term resistance zone. A bullish engulfing candle at $2.34-$2.36 would confirm trendline strength and another run to resistance.
Key Levels to Watch:
- Support: $2.3348 (trendline + 200 EMA)
- Resistance: $2.4019 (50 EMA), $2.4793
- Upside Targets: $2.55, $2.63
- Breakdown Risk: Below $2.33 opens up to $2.28 and $2.21
Traders Waiting for Confirmations
For new traders this is a classic trend continuation trade.
If XRP bounces off support at $2.33 with a bullish candlestick—like a hammer or an engulfing—it may be a low risk long entry. The trendline holds for now and volume has not shown bearish reversal so the trend is intact.
But $2.48 must break with conviction for a trend extension. Watch that level. Close above and momentum to $2.55 and $2.63 as broader interest in Ripple’s strategy grows.
In short: fundamentals are changing and technically XRP is good but don’t buy until confirmed.
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