XRP SWIFT Upgrade & XRP SEC Deal: 3 Reasons Ripple Is Ready for a Massive Breakout!

Today, XRP price performance has been mixed as the 24-hour range of price movement shows. XRP has recorded a low of $1.73 and a High of $1.97. XRP presented bullish momentum both days after the April 7 crypto market crash. The XRP token has been testing the $2 resistance; however, it has not been able to break it. Based on today XRP news, we have some bullish XRP price predictions. This prediction for the XRP price surge is backed by the recent fundamental developments and XRP potential for future growth.

Can XRP Reach $12? Exploring a Bold XRP Price Prediction

Standard Chartered has provided a bold XRP price prediction. Based on this platform’s projections, the XRP price will reach $12 in the upcoming four years. This XRP price surge could push the token’s market capitalisation to over $650 billion. This bullish prediction is supported by recent positive Ripple news. For example, recently it was revealed that Ripple is trying to replace or upgrade SWIFT with the XRP payment system. Additionally, this change is possible as the SWIFT system presents frustrating inefficiencies. For example, the XRP system can finalise transactions in seconds, where SWIFT takes days.

What’s Next After SEC Settlement?

Additionally, the Ripple CEO and legal representatives recently announced that they have reached an agreement with the SEC. This, in turn, has opened many doors for Ripple as the threat of a legal battle is now over. One instance is the recent acquisition of Hidden Road, a top broker, which cost Ripple $1.25 billion. Brad Garlinghouse has also commented on the end of the legal battle. Based on his statements, after the unofficial agreement with the SEC, the number of requests for partnership with Ripple has skyrocketed. Interestingly, this includes both American and cross-border requests. 

Will Ripple’s RLUSD Stablecoin Boost XRP Value?

Another Bullish XRP news that would help the growth of its value is the launch of RLUSD stablecoin by Ripple. This stablecoin has grown fast as it now boasts approximately $300 million of market capitalisation. Now Ripple has added RLUSD to its payment system, providing a more stable and accessible currency to its clients. As such, this could bring in additional investors and clients, increasing the utility of the XRP token as well. Additionally, the price movement of XRP has also shown strong momentum for continued recovery.

Chart 1 – Provided by Crispus9, published on TradingView, April 9, 2025.

According to Chart 1, XRP price crashed to $1.61 on Monday, April 7; since then, the price has recovered. This was almost a 6-month low as XRP has mostly traded above $2 since its surge in November. Such a fall was also in line with the 50% Fibonacci Retracement range. After the sharp decline took place, XRP recorded a big doji candlestick, which usually signals an upcoming reversal. As such, the recovery rally to the $2 resistance on April 8 was expected. 

Will XRP Break the $2 Resistance or Crash?

However, today we again saw a market-wide decline, which could have destroyed XRP Bullish momentum. Additionally, if the bulls fail in breaking out of the $2 resistance, a bull trap might be created. This will fizzle out the bullish sentiment and will lead to sharp declines. Additionally, XRP price action shows that its 50-day MA is going under the 200-day MA, signaling a continued downtrend. However, as the fundamental developments show, the long-term growth of XRP is likely. As such, investors should be ready for a short-term downtrend in XRP value. 

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