Ripple’s $1.25B Power Play: Can XRP Defy Gravity at $2.20?
XRP bulls dig in as Ripple makes a billion-dollar bet—just don’t ask the SEC for commentary.
Market watchers eye $2.20 support level after whale-sized transaction. Because nothing says ’decentralized’ like nine-figure moves from the usual suspects.
Will this trigger the next leg up, or is it another ’strategic reserve’ maneuver? Traders brace while Wall Street still pretends not to refresh CoinMarketCap tabs.
XRP Ledger Powers New Institutional Infrastructure
Ripple is going to integrate XRPL into Hidden Road’s global clearing operations. This is a direct attempt to show XRPL can handle high volume institutional flows – something no other major blockchain has done at this scale yet.
According to reports by Times Tabloid and BLM Business the integration could mean faster settlement times and better trade execution for hedge funds and asset managers. Crypto influencer Amelie also noted this on X, it bridges the gap between traditional finance and crypto ecosystems.
- Strengthens XRP’s utility narrative.
- Shows blockchain in institutional markets.
- Boosts Ripple’s credibility with regulators and traditional players.
If successful this could open the floodgates for more prime brokerages to use decentralized infrastructure.
XRP Price Analysis Source: TradingviewXRP Price Analysis: Holding $2.20 With Eyes on $2.30
As of now XRP/USD is trading around $2.20 after briefly touching $2.22. Technicals are bullish with XRP making higher lows above an ascending trendline.
- Pivot Point: $2.18
- Immediate Resistance: $2.25
- Next Resistance: $2.30
- Immediate Support: $2.18
- Next Support: $2.1350 EMA ($2.18) above 200 EMA ($2.13) so bullish bias. MACD is flat so not much breakout pressure.
If XRP breaks $2.25 with volume it could retest $2.30. If sellers take over expect a pullback to $2.18 or $2.13 before the next push higher.
Bottom Line:
XRP’s price stability, backed by a major institutional catalyst, offers cautious optimism. Traders should watch the $2.25 breakout level closely before entering new positions.
