XRP Surges 28% – SWIFT May Integrate Ripple’s Blockchain

xrp surges 28% – swift may integrate ripple's blockchain
Image source: CryptoPoint.bg

After a brief pause in the Trump tariff news, Bitcoin once again drew attention, approaching $85,000. But the real spotlight this week is on XRP, which jumped 28% to $2.12, exceeding many expectations.

This sharp increase comes amid growing rumors that global banking network SWIFT may officially integrate Ripple’s blockchain technology – something that could completely change the game for XRP.

Is the SWIFT Giant Stepping In?

With over 11,000 banks and financial institutions worldwide, SWIFT controls the main infrastructure for international payments. If the rumors prove true and integration with Ripple becomes a reality, XRP could become a legitimate institutional settlement currency.

Rumors Turning Serious

Analyst John Squire claims that an official announcement could come as early as next week, just before the SEC vs Ripple case decision on April 16. According to him, Ripple has already participated in pilot programs with SWIFT in 2023, which suggests that the groundwork for a partnership has already been laid.

Technical Analysis: Is XRP Ready for a Breakout?

After bouncing off the $2 level, XRP reached a weekly high of $2.23. Now all eyes are on the resistance at the top of the descending channel. If it breaks through, XRP could head toward $2.60, and then aim for the psychological barrier of $3.00.

What Do the Indicators Say?

  • RSI (Relative Strength Index): Still weak, showing low buying power.
  • PoC Line: A high-volume trading zone from the past – a serious obstacle for upward movement.
  • Ali Martinez: Identifies an ascending triangle with resistance at $2.22. If broken, the next target is $2.40.

Can XRP Reach $45?

While the short-term goal is $3, some analysts are looking much further. If historical patterns repeat and SWIFT integration becomes a fact, a new wave of demand could potentially push XRP toward $45.

In the crypto universe, anything is possible – and while it may sound ambitious, XRP is no longer a speculative coin, but an asset with serious institutional presence.

Conclusion:

XRP is back in the spotlight. The market is awaiting two key events:

  • The potential announcement from SWIFT
  • The final verdict in the SEC vs Ripple case

If both turn out positively, it could mean a mega breakout for XRP – opening the door to new all-time highs. And XRP holders may finally see a return on their patience.

Мартин Н.

Founder of CryptoPoint.bg and programmer with over 17 years of experience, crypto enthusiast with deep knowledge in software development and passion for decentralization, Martin created CryptoPoint.bg to help anyone who wants to gain insight into the future of digital assets, current crypto news, analytics and blockchain innovations.