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XRP News: Ripple’s 4% Rebound Ends the Week on a Positive Note, with Experts Holding Hope for $4 Target

XRP News: Ripple’s 4% Rebound Ends the Week on a Positive Note, with Experts Holding Hope for $4 Target

Author:
XRP News
Published:
2025-03-16 17:39:55
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Ripple Rebounds 4% to End the Week: Can XRP Target $4?

Ripple, the cryptocurrency that entered 2025 with significant hype, faced market downturns but rebounded 4% to end the week. The asset was expected to hit a new $4 all-time high by the end of 2025, but the current market conditions have jeopardized this expectation. However, experts predict that a bullish market cycle may be nearing, giving hope that XRP can still reach $4 this year.

Proposal Suggests XRP as Strategic Asset for US Financial System

A proposal on the SEC website suggests integrating Ripple XRP into the US financial system. The proposal claims that making XRP a payment asset could unlock up to $1.5 trillion from Nostro accounts and save the US up to $7.5 billion. Nostro accounts are held by banks with foreign banks and denominated in foreign currency to facilitate cross-border transactions. The document states that $27 trillion is stored in these accounts worldwide, with the US holding $5 trillion of the funds. It believes that XRP can become the replacement liquidity for 30% of the fund and the payment rail for financial transactions.

XRP Price Prediction: Could Surge to $1,000 This Cycle - Crypto Expert

A crypto expert, CryptoSensei, has listed 10 reasons why the XRP price could soar to $1,000 this cycle. The forecast highlights legal clarity, institutional adoption, and the rise of real-world asset tokenization as key drivers for future growth. The expert claims major U.S. banks are ready to adopt XRP once Ripple’s legal fight with the SEC is settled.

XRP Price Must Close Above $2.65 For Bullish Breakout, Analyst Warns

XRP has struggled to gain momentum, with its price caught in a downtrend since the beginning of March. Although it managed to push up in the past five days after reaching a low of $1.93 on March 11, it has yet to fully recoup its losses from the first week of the month. The altcoin’s long-term prospects are still on bullish speculation, but its short-term price action has frustrated traders. Crypto analyst Egrag Crypto has identified $2.65 as a key level that XRP must close above to challenge $3.00.

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