Ripple Labs’ cryptocurrency, XRP, reached an all-time high (ATH) of $3.65 on July 18th.
From that moment, the digital asset entered a period of laterization until it lost support at $3.
At the time of writing this analysis, XRP price is $2.31, 36.7% lower than ATHas shown in the following figure:
The big question that arises in this context is Will XRP be able to reach new highs this cycle?. Let's take a look at what three financial analysts have to say about what could cause asset prices to rise in the short or long term.
Technical analysis shows positive signals
In a conversation with CriptoNoticias, Yoandris Rodríguez, Regional Manager for Latin America at B2BINPAY, mentioned this price drop. “This looks more like a healthy correction than a dissolution,” he argued.
“Trading volumes have declined and the latest candlesticks indicate buying interest at lower levels, suggesting investors are waiting for directional signals rather than exiting,” he declared.
As he explained, technical analysis is showing positive signals, but caution should be paid to the $2.55 to $2.70 price range. “A daily close above that area could re-open the path to $3.40 in the short term, perhaps $5-6 between now and 2026,” he explained.
Rodriguez said, “What if?
In other words, the key is for XRP to trade above the $2.20 support Determine whether the asset will resume progress or deepen the correction.
Rodriguez emphasized: XRP has its own fundamentals that could push the price up In the long run, it has reached unprecedented levels.
“We believe XRP's fundamentals remain stronger than the charts alone suggest. Ripple's continued expansion into institutional custodial services and payment solutions, including its acquisition of Palisade, adds real-world usage that could sustain long-term demand,” he said.
Palisade, a company specializing in wallet technology and digital asset custody solutions, has become Ripple Labs' latest acquisition, as reported by CriptoNoticias.
Ripple President Monica Long emphasized the importance of integrating Palisade's technology with Ripple's infrastructure. This allows us to offer a complete solution for educational institutions. This ranges from storage to payments to financial management.
Concerns about US government shutdown
Eleazar Colmenares, Venezuelan investor and CEO of Cryptobuyers Venezuela, spoke with CriptoNoticias about XRP and said:
“From my perspective, monetary policy, tariff war uncertainty, and shutdown These caused recessions or stagnation in what should have been a bull market. However, the conditions are ripe for historic highs, and if I were to predict the price of XRP, I think conservatively it could be closer to the $4-$6 range by the end of the year.
Need to be clear. shutdown Refers to a partial shutdown of the U.S. government. As CriptoNoticias reports, this will happen if Congressional approval is not received in time. Budget needed to keep the country functioning. A situation in which non-essential activities are forced to be cancelled.
At the time, the government was partially paralyzed due to a lack of agreement between Democrats and Republicans on public spending and health care subsidies. This type of situation usually creates an unfavorable scenario for risk assets such as cryptocurrencies.
Launch of XRP Spot ETF
Despite this adversity, for Colmenares, XRP has unique fundamentals to overcome the $4 barrier in the short term. One of these is the launch of the XRP Spot Exchange Traded Fund (ETF). Regarding this, he declared:
XRP ETF holds great promise inflow (Money Receipt); Canary Capital conservatively estimates that it could generate up to $10 billion in revenue in the first month. ETFs are gateways. This allows investors to gain exposure to this new asset class without having to understand each protocol or digital wallet.
Eleazar Colmenares, Venezuelan investor and CEO of Cryptobuyer Venezuela.
If these products are ultimately approved, they could raise awareness of the asset, attract liquidity to the Ripple ecosystem, and encourage the entry of institutional capital through traditional equity-like operations.
The managers who launch these funds can directly impact the price of XRP. They need to acquire the underlying assets that back their holdings.
In other words, as the demand for ETFs increases, the companies issuing these funds will be forced to buy XRP in the market, which could cause the price to rise due to the law of supply and demand.
Canary Capital's spot ETF could hit the market within two weeks, said Nate Geraci, president of Novadius Wealth Management.
ripple bank license
Colmenares also highlighted that another factor in the price increase for XRP is its approval for integration into the US banking system. This is a move that could strengthen Ripple Labs' position in the financial market and encourage adoption of its services and stablecoins.
CriptoNoticias reported that Ripple requested a banking license in July that would allow it to operate its stablecoin Ripple USD (RLUSD) more efficiently and reduce costs and settlement times through smart contracts.
RLUSD is issued on the Ethereum and XRP Ledger networks, so increasing its usage will also drive activity on the latter. Demand for XRP increases due to fee payments, which creates upward momentum for the price.
“If the Ripple National Trust Bank is approved, Ripple will be able to issue and store RLUSD in accordance with federal regulations,” B2BROKER business director John Murillo told CriptoNoticias. He added: “This will reduce regulatory risk and make Ripple a safer partner for banks.”.
Potential of XRP to gain SWIFT volume
Financial market analyst Alexander Velazquez said:
It is worth clarifying that this is a long-term forecast, extending well beyond 2025. This is based on the potential volume of SWIFT payments, the global system used for international money transfers.
SWIFT is a global system that allows banks and financial institutions to make international money transfers, but it is slow and expensive to operate. The company currently manages $150 billion in payments annually.
Brad Garlinghouse, CEO of Ripple Labs, Estimated that XRP could capture up to 14% of SWIFT trading volume by 2030This equates to $21 trillion annually, or $58 billion per day in global trade.
Still, it should be made clear that XRP has not established itself as a “bank cryptocurrency.” There are rumors of possible integration with SWIFT, but nothing is confirmed. RippleNet operates without XRP, but XRP is used only optionally to optimize payments. This limits the central role of cryptocurrencies in the ecosystem.
“Even if Garlinghouse achieves only a fraction of its 14% target, the growth potential for investors is still huge,” Velasquez said.
