• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

XRP: Anticipated Breakout Ahead of FedWire Change

user avatar

by Giorgi Kostiuk

6 hours ago


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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Tether on Track to Become the Largest Bitcoin Miner by 2025

chest

Tether aims to become the largest Bitcoin miner, investing in mining to protect its reserves and support network security.

user avatarGiorgi Kostiuk

Institutional ETF Inflows Boost Bitcoin Price Growth

chest

The impact of institutional ETF inflows and a weakening dollar supports Bitcoin price growth.

user avatarGiorgi Kostiuk

Ethereum vs. Qubetics: Who Will Dominate the Market by 2030?

chest

A comparative analysis of Ethereum and Qubetics amid rising competition in the smart contract market by 2030.

user avatarGiorgi Kostiuk

Dollar Weakens: Impact on Bitcoin Price

chest

Analysis of the current dollar state and its potential influence on Bitcoin considering historical correlations.

user avatarGiorgi Kostiuk

Lagrange (LA): New Projects and Binance Launch

chest

Binance is set to list Lagrange (LA) on July 9, along with details about HODLer Airdrops.

user avatarGiorgi Kostiuk

Crypto.com and Dubai Sign Agreement for Cryptocurrency Payments in Government Services

chest

Dubai integrates cryptocurrency payments into its government services, impacting the city's economy and supporting its cashless strategy.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.