XRP's current market structure is attracting attention from traders due to upcoming changes in the U.S. financial system. A breakout is anticipated soon.
FedWire's Transition to ISO 20022
The U.S. Federal Reserve has announced that on July 14, 2025, all payments through the FedWire Funds Service will transition to the ISO 20022 format. This marks the end of the FAIM-based messaging system and signals a new phase of structured, data-rich financial communication within the U.S. high-value payment system. This event may also enhance XRP's relevance in institutional payment flows.
XRP's Tightening Price Structure
Currently, XRP’s price around $2.28 is compressed within a descending triangle pattern that began after a rally in late 2024. Despite multiple tests of support and resistance boundaries, the price remains tightly bound. This is often a precursor to increased volatility, especially with significant infrastructure changes on the horizon.
Analysts' Expectations and Price Targets
Analyst X Finance Bull highlighted potential price targets for XRP at $11.33 and $14.48. Other experts predict that the FedWire transition could drive XRP to $25. However, these targets may only come into play if XRP decisively breaks out from its current structure with strong volume and confirmation.
With the anticipated transition of FedWire to ISO 20022, XRP displays a significant price structure that could lead to a potential breakout. Investors and analysts are closely monitoring the developments ahead.
