XRP Price Prediction: $2.00 Support Test Amid Bullish Fundamentals - Is Now the Time to Buy?

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XRP Price Prediction

XRP Technical Analysis: Key Indicators Point to Potential Rebound

XRP is currently trading at 2.1277 USDT, below its 20-day moving average of 2.2268, suggesting short-term bearish pressure. The MACD histogram shows negative momentum (-0.0310), though the signal line (0.0824) remains above the MACD line (0.0514), indicating potential for reversal. Bollinger Bands show price testing the lower band (2.0852), which often precedes a bounce toward the middle band (2.2268). ''XRP appears oversold at current levels,'' says BTCC analyst Sophia. ''A retest of the 20-day MA at 2.2268 seems likely if 2.085 support holds.''

XRP Market Sentiment: Legal Progress Offsets Geopolitical Concerns

While XRP faces downward pressure from broader market tensions, positive developments in the Ripple-SEC case are providing fundamental support. ''The $500M treasury commitment by Trident Digital and potential settlement of the SEC lawsuit could be game-changers,'' notes BTCC''s Sophia. Market sentiment appears mixed but leaning bullish long-term, with institutional interest growing (corporate treasuries nearing $1B) and Ripple''s CEO forecasting substantial SWIFT market penetration. The $2.00 psychological level remains critical short-term support.

Factors Influencing XRP''s Price

XRP Price Dips Amid Ripple-SEC Settlement Talks and Geopolitical Tensions

XRP''s price dropped 7% in 24 hours as market volatility spiked following Israeli airstrikes on Iranian nuclear facilities. The decline coincided with renewed legal uncertainty surrounding Ripple''s ongoing case with the U.S. SEC.

Both parties filed a joint motion requesting Judge Analisa Torres to modify the final judgment, seeking to reduce Ripple''s penalty to $50 million and lift the existing injunction. This marks their second attempt after an earlier motion was denied as "procedurally improper." The filing cites changing SEC policy and mutual interest in avoiding further litigation as justification.

Legal experts remain skeptical. "I don''t like this filing based on how obvious it was from Judge Torres'' last ruling," noted attorney Fred Rispoli, suggesting the argument may lack substantive weight. The outcome could set important precedents for crypto regulation despite the current market turbulence.

Judge Torres May Approve Joint Motion in XRP Lawsuit

The legal standoff between Ripple Labs and the U.S. SEC could reach a turning point as Judge Analisa Torres reviews a joint motion. Approval would mark a significant step toward resolving the high-profile case, potentially clarifying XRP''s regulatory status.

Ripple and the SEC have proposed lifting an injunction and releasing $125 million in escrowed funds. The SEC would receive $50 million, with $75 million returning to Ripple. This procedural move carries substantial implications for the cryptocurrency''s future.

Attorney Bill Morgan predicts Judge Torres will likely grant the motion, even if its arguments lack depth. The decision could conclude appeals lingering since 2020, offering much-needed certainty for XRP holders and the broader crypto market.

$2.00 in Sight? XRP Tests Critical Support After Breakdown

XRP faces a pivotal moment as it hovers near $2.1259, having failed to sustain momentum above the $2.30 resistance level. Repeated rejections between $2.3381 and $2.3719 have emboldened sellers, dragging the price below key moving averages and signaling short-term weakness.

The asset now teeters near the lower Bollinger Band at $2.1432, approaching oversold territory. A decisive break below the $2.0845-$2.0612 support zone could accelerate declines toward the psychologically significant $2.00 threshold. Conversely, a rebound from current levels may offer bulls an opportunity to retest the $2.30-$2.37 supply zone.

Market participants watch closely as XRP''s technical structure shows signs of fatigue. The 4-hour chart reveals waning bullish momentum, with price action slipping below both the 20-period Bollinger Band midline and 9-period DEMA. This breakdown suggests traders remain cautious amid the broader market''s tentative tone.

Nasdaq-Listed Trident Digital Commits $500 Million to XRP Treasury Strategy

Singapore-based Trident Digital, a Nasdaq-listed firm, is making a bold move in the crypto space by allocating $500 million to establish a corporate treasury centered around Ripple''s XRP token. This initiative positions Trident as one of the first public companies to build a strategic reserve solely in XRP, diverging from the broader trend of Bitcoin-focused treasury allocations.

The company plans to raise capital through equity sales and private placements, with U.S.-based Chaince Securities advising on the treasury strategy. Trident''s approach goes beyond passive holding—it intends to actively engage with Ripple''s ecosystem through staking and other yield-generating activities. CEO Soon Huat Lim framed the move as a demonstration of how public companies can responsibly participate in decentralized finance.

Execution hinges on regulatory clarity and market conditions, with a targeted launch in late 2025. The announcement signals growing institutional interest in altcoin strategies, particularly for cross-border value transfer applications where Ripple has established its niche.

Ripple and SEC Seek Court Approval to Release $125 Million in Escrow Amid Settlement Talks

Ripple Labs and the U.S. Securities and Exchange Commission have jointly requested the Manhattan District Court to dissolve an injunction and release $125 million held in escrow, signaling a potential resolution to their protracted legal battle. The filing proposes a $50 million civil penalty for the SEC, with remaining funds returning to Ripple.

The motion, filed on June 12 in the Southern District of New York, argues this settlement would avoid further litigation in both district and appellate courts. This development marks a significant turn in the SEC''s 2020 lawsuit alleging Ripple''s $1.3 billion XRP sales constituted unregistered securities offerings.

The blockchain firm gained partial vindication in 2023 when Judge Analisa Torres ruled certain XRP sales didn''t violate securities laws. This settlement attempt follows recent SEC compromises in similar crypto cases, suggesting a possible softening of the regulator''s enforcement stance.

Corporate XRP Treasuries Near $1B as Blockchain Adoption Accelerates

Public companies are rapidly allocating capital to XRP-based treasury strategies, with total commitments approaching $1 billion. The trend signals growing institutional confidence in blockchain''s role in corporate finance.

Singapore''s Trident Digital plans to raise $500 million for an XRP treasury, citing blockchain''s potential to revolutionize capital allocation and cross-border payments. CEO Soon Huat Lim positioned the move as a blueprint for responsible DeFi engagement by listed entities.

The initiative follows Webus International''s $300 million fundraising for XRP reserves to power chauffeur payments, while VivoPower International deployed $100 million in XRP through Flare Network. These developments underscore a broader shift toward digital asset integration in corporate balance sheets.

Trident Digital Announces $500M XRP Reserve Plan, Signaling Institutional Confidence

Singapore''s Trident Digital Tech Holdings Ltd. unveiled a strategic initiative to establish a $500 million corporate treasury reserve in XRP, marking one of the first publicly listed companies to treat Ripple''s native token as a long-term reserve asset. The move mirrors institutional strategies previously applied to Bitcoin and Ethereum.

The firm plans to raise capital through equity issuance and structured financing, targeting deployment in late 2025 pending regulatory approvals. "This reflects our conviction in blockchain''s transformative power for capital allocation," stated CEO Soon Huat Lim. The strategy includes active staking to generate yield rather than passive holding.

Trident''s announcement signals growing institutional recognition of XRP''s role in cross-border value transfer. The company is exploring deeper integration with Ripple''s ecosystem partners to support this treasury transformation.

Ripple and SEC Seek Final Resolution in $125M XRP Penalty Dispute

Ripple Labs and the U.S. Securities and Exchange Commission have filed a joint motion to resolve their long-standing legal battle over XRP. The proposal outlines a $125 million settlement, with $50 million allocated to the SEC and $75 million returned to Ripple. Judge Analisa Torres of the Manhattan District Court is now reviewing the request to dissolve the injunction and release the escrowed funds.

The case, initiated in December 2020, accused Ripple of conducting unregistered securities offerings through institutional XRP sales. A pivotal July 2023 ruling determined that while institutional sales violated securities laws, programmatic sales to retail investors did not. This settlement marks a potential conclusion to a case that has significantly influenced the regulatory landscape for digital assets.

Ripple CEO Predicts XRP Could Capture 14% of SWIFT''s Global Volume

Ripple CEO Brad Garlinghouse has projected that XRP could account for 14% of SWIFT''s cross-border payment volume within five years. Speaking at the XRP APEX 2025 event in Singapore, Garlinghouse emphasized XRP''s utility in facilitating international fund transfers. "There are two parts to SWIFT today: messaging and liquidity," he said. "Liquidity is owned by the banks. I think less about the messaging and more about liquidity. If you''re driving all the liquidity, it is good for XRP."

SWIFT currently dominates interbank messaging for cross-border transactions but does not handle the actual movement of funds. Ripple aims to compete on the liquidity layer by using blockchain technology to transfer both messages and money simultaneously. XRP serves as a bridge currency, enabling instant conversion between different fiat currencies.

Is XRP a good investment?

XRP presents a compelling risk/reward proposition at current levels according to technical and fundamental analysis:

''The combination of oversold technicals and improving fundamentals suggests accumulation opportunities,'' says BTCC''s Sophia. ''A break above 2.2268 could confirm the next upward leg.''

• Technical Oversold: Testing lower Bollinger Band with MACD showing potential reversal
• Institutional Support: $500M+ treasury commitments signal long-term confidence
• Legal Catalyst: SEC settlement talks may remove major regulatory overhang