XRP (XRP) Stabilized near its $ 2 support after the market throughout the market today has sent altcoin and many other cryptocurrencies near their swing lows.
Data now shows the XRP/USD pair showing the early signs of a bullish breakout.
Ripple’s integration Rlusd can boost XRP price
Ripple’s integration of RLUSD Stablecoin in its cross-border payment system, Ripple payments, can significantly boost XRP prices by enhancing its utility and liquidity.
On April 2, Ripple, the company behind XRP, announced This incorporates stablecoin into the company’s cross-border payment system to boost adoption for Ripple USD (RLUSD).
RLUSD, a USD-Pegged Stablecoin launched in December 2024, fits the XRP by providing stability for transactions, while XRP serves as a fast, liquid currency bridge. This dual-asset approach targets the $ 230 billion cross-border payment market, and the IMS to increase demand for both properties.
Source: x / ripple
RLUSD’s market cap is now standing at $ 244 million, with 87% growth in March only, according to data from rwa.xyz. As the adoption increases, financial institutions that use ripple payments may rely more on XRP for liquidity, especially in PABAGU -change of corridors.
RLUSD pairing with XRP on the XRP Ledger (XRPL) and exchanges can drive trading volume and activity in the XRPl decentralized exchange, which strictly supply XRP.
Positive emotions from RLUSD’s success can also raise the value of XRP, with analysts suggesting an increase in adoption can push the XRP to $ 3.50 or higher.
“Incorporating Rlusd’s Ripple is an important step for cross-border payments,” Says Crypto Market Insights Provider Alva in a post of April 3 at X.
As a result, the “optimism around $ RLUSD sinks, with eyes on the ripple its effect on XRP,” Alva says, and adding:
“General: a solid playing for boosting the ripple ecosystem and pushing stablecoin adoption. Get ready for potential transfers!”
Related: How many of the US dollars are the XRP transfer per day?
XRP patterns point to the target of $ 3.51
The XRP price action between January 16 and April 3 led to the formation of a symmetrical triangle pattern in the sun -day chart. The price rehearses the lower triangle of the triangle at $ 1.98, suggesting that a rebound may be in labor.
Keep in mind that the price has successfully backed from this trend two to three times in the past, with each retest leading to a significant price recovery.
If a similar scenario performs, the XRP can recover from the current levels and has a good volume, it can break above the descending triangle at $ 2.40 (embraced by a 50-day SMA).
The target is set by the distance between the lowest and maximum triangle points, which will bring the price of XRP to $ 3.51, an estimated 73% gain from the current price.
XRP/USD Daily Chart. Source: Cointelegraph/Tradingview
Many analysts also share similar bullish views for Altcoin, citing the XRP adoption, technical chart and the Ending Ripple’s long case SEC is included as reasons.
Mentioned a chart similar to one shared above, XRP investor Steph is crypto Says The price is “heavy compress” before a massive breakout.
“This breakout will create many new millionaires!”
With the theory of the Elliott Wave, the Crypto analyst Dark Defender shared an optimistic price prediction for the XRP, saying that the token correction during the monthly time “was over for several weeks.”
Him Targets remain between $ 5 and $ 18 In the medium and lasting.
When #Xrp Press $ 3.3999, we set a 5 Elliott wave structure and explained that the XRP completed the monthly 3 -wave and entered the correction, Wave 4.
We set the wave 4 dip with a precision of $ 2.02.
B is acting; We also have an accurate level for B wave.
While everything … pic.twitter.com/cvlrkavged
– Dark Defender (@defendDark) April 2, 2025
According to casitrades, the Kamag -child index -child of XRP shows a bullish difference -Irs in many timeframes and it signal of a bottom priceand an inverted target of $ 3.80.
This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.
