- XRP price forecast: Ripple (XRP) is currently trading at $2.16, up 0.66% over the past 24 hours with trading volumes exceeding $1.82 billion, and although its recent movement has coincided with a slight rise in Bitcoin (BTC) price, the fundamentals continue to gradually improve; the active role that Ripple plays in the central bank digital currencies (CBDCs) space seems promising, as France is considering using the XRP blockchain to test the launch of its official currency digitally on the blockchain, while the Central Bank of Georgia has already begun collaborating with Ripple.
As a result, this global trend has solidified XRP's position as a bridge between traditional currency systems and digital assets; the integration of XRP with existing financial systems is no longer mere speculation but has become part of a continuous transformation that could change global payment system standards.
France and Georgia are studying the possibility of launching central bank digital currencies (CBDCs) on the XRP blockchain
Ripple's global partnerships in payment systems enhance confidence in its currency XRP
XRP acts as a bridging tool to facilitate international payment systems
XRP's technical indicators indicate stability before a breakout
On the 4-hour price chart, XRP price forecasts appear balanced, as its movements show a tug-of-war between sellers and buyers. While the descending trend line exerts a downward pressure on the price above, the 50-period exponential moving average (EMA-50) at $2.2469 represents a variable resistance barrier.
On the other hand, the price chart shows peaks and progressively lower troughs with strong selling momentum, but the recent candle patterns and the formation of the latest ones as doji patterns and those with extended down tails indicate a temporary easing of selling pressures.
In the same context, the indications of the MACD momentum indicator do not seem promising given the stability of the trend line below its counterpart for the signal and the shift of its bars to red. The price of XRP is currently stable above the main support range of $2.0814-$2.0209, an area that has long seen buying interest, and the appearance of a bullish trading candle around the support level - as a hammer pattern or an ascending engulfing candle with the MACD bars turning green - could lead the price to soar towards $2.2073 and possibly $2.2709.
Key levels:
Support: $2.0814, $2.0209, $1.9591 respectively
Resistance: $2.2073, $2.2709, $2.3601 respectively
Real estate partnerships and expert forecasts suggest optimism
Beyond the charts, we can observe an increasing number of practical uses for XRP, as Damac Properties - based in Dubai - in collaboration with the CryptoTradingFund, offers crypto rewards related to real estate transactions by distributing free CTF balances via the XRP blockchain, and the expansion of XRP's uses does not stop there, but also adds strong transaction volumes to it.
Perhaps this is what prompted industry leaders to reassess their vision for the currency; for example, Davinci Jeremie - one of Bitcoin's staunchest advocates - sees the possibility of XRP reaching $24 by the end of 2025. Although the above technical indicators may suggest that the $3 target seems out of reach at present, the price of XRP is gaining momentum for a strong breakout possibly with increasing legal clarity and institutional adoption.
However, one should wait for confirmation of the price rebound upwards from the support levels before opening speculative long positions. Until then, XRP's technical forecasts will remain cautious, and the range of $2.08-$2.02 may represent favorable buying opportunities.
The post XRP price forecast with its stability around $2.16, will it gather its strength to break the $3 barrier?
Trading XRP: