XRP Could Soar to $20 If Ripple Wins This Major Partnership

Ripple’s native cryptocurrency, XRP, is again in the spotlight as speculation intensifies over a potential partnership with the U.S. Federal Reserve . The conversation around a possible XRP rally to $20 has increased amid reports that the Fed may incorporate Ripple’s blockchain network into its future payment infrastructure. While the rumor mill is churning, the implications of such a move are substantial for XRP’s valuation and its standing within the broader financial ecosystem. Fed Integration Rumors Trigger XRP Hype The idea that U.S. banks might be allowed to utilize Ripple’s blockchain has electrified the crypto community. This speculation, which centers around the Fed’s interest in incorporating distributed ledger technology (DLT) into its real-time payment systems, could mark a seismic shift in how traditional banking interacts with digital assets. One blockchain network gaining attention in this context is Ripple. Crypto analyst CryptoGeek drew attention to a recent publication by the Federal Reserve discussing how blockchain infrastructure could enhance the bridge between conventional financial institutions and decentralized protocols. Ripple, being U.S.-based and compliant with several regulatory frameworks, was mentioned among the viable technologies. Notably, the Fed’s upcoming update to its Fedwire Funds Service—slated for July 14—has further fueled speculation that Ripple could be part of the implementation roadmap. Whispers of a Ripple-SWIFT collaboration add another layer of intrigue. The convergence of Ripple’s international reach and SWIFT’s banking network could set the stage for an expansive integration that would amplify XRP’s use in cross-border settlements. Forming such alliances could unlock enormous utility and liquidity for XRP across global banking systems. Could XRP Reach the $20 Mark? The big question is whether XRP can achieve a price target of $20 .If the Fed adopts Ripple’s infrastructure for real-time payments, XRP could become crucial to institutional finance. For $20 and a circulating supply of approximately 60 billion tokens, XRP’s market cap would exceed $1.2 trillion, potentially placing it as the most valuable altcoin, surpassing even Ethereum. Crypto veteran Davinci Jeremie , known for his early advocacy of Bitcoin at $1, has joined the conversation, projecting a possible XRP valuation of $24 by year-end. He attributed this optimistic forecast to growing governmental support for Ripple’s ecosystem. Jeremie believes increased XRP adoption within the U.S. government could spark a significant surge. Technical Picture: Where XRP Stands Now Despite the bullish backdrop, XRP must overcome several technical obstacles to enter a sustained uptrend. At present, its price action reveals hesitation among buyers. The Relative Strength Index (RSI), a momentum oscillator used to gauge market sentiment, shows a downturn after a recent upswing, indicating waning bullish momentum. A decline to a new lower low on the RSI could validate increased bearish control. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Nonetheless, XRP maintains a stronghold above its 200-day Exponential Moving Average (EMA)—a key long-term support level. This positioning provides a safety net against aggressive selling. Should the price hold above this level, XRP would avoid falling into a deeper correction. A bullish breakout, however, will only be confirmed if XRP decisively climbs above its 50-day EMA, currently acting as dynamic resistance near $2.21. This level also aligns with the upper boundary of a descending trend channel. A breakout here would reverse the short-term bearish structure and spark a fresh rally. Looking Ahead: From Hype to Possible History The convergence of institutional interest, regulatory clarity following Ripple’s partial legal win against the SEC, and the possibility of integration into the Federal Reserve’s payment rails paints a promising picture for XRP’s future. While nothing is officially confirmed, the mere discussion of Ripple becoming part of the U.S. financial system is enough to ignite investor interest and strategic accumulation. The potential upside is enormous. If the Fed were to greenlight Ripple as a cornerstone for next-gen banking architecture, it would signify a historic endorsement of blockchain technology. For XRP, such a move could validate years of development and advocacy, pushing it into an entirely new valuation tier. While short-term traders may remain cautious due to current resistance levels and momentum metrics, long-term holders may see this as a defining moment. Whether XRP hits $20 this year or not, the foundation is being laid for its role in shaping the future of digital finance—and possibly making history in the process. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post XRP Could Soar to $20 If Ripple Wins This Major Partnership appeared first on Times Tabloid .