Ripple co-founder’s 14-year comeback served as a tailwind, allowing XRP price to close Monday with a near 7% gain. This development also comes as XRP bounced off the $2 psychological level for the ninth time since December 1, 2024.
While other factors like Bitcoin’s recovery, macroeconomic and geopolitical factors are also in play, XRP is leading the market in gains over the past 24 hours.
Will Monday’s gains ripple out and propel the XRP token higher this week or continue the ongoing drop?
XRP Community Bullish After Ripple Co-founder Arthur Britto’s Comeback
Arthur Britto’s June 23, 2025 tweet, broke the Ripple co-founder’s 14-year silence. Many investors speculate on social media platform X that his comeback is bullish for XRP as well as the company Ripple.
While this is highly speculative, one user, ‘X Finance Bull,’ noted that Britto’s tweet coincided with the Federal Reserve’s announcement that reputational risks will no longer be a component of examination programs in its supervision of banks. The user added that it opens the door for banks to explore crypto.
Caution is advised to readers as this is mere speculation and coincidence, and should not be construed as financial advice.
While the long-term impact of Arthur Britto’s comeback is unknown, the short-term outlook is clear – an above-average performance in XRP price, leading to a nearly 7% gain on Monday.
XRP Price Prediction: Is it XRP’s Time to Shine?
XRP price is stuck consolidating between $2.06 and $2.58. This is a value area, where 70% of the volume was traded since December 3, 2024. The revisit of the lower limit, coupled with a $2 retest, has prevented XRP from collapsing lower.
The comeback of Arthur Britto, Ripple’s co-founder, has caused XRP price to bounce nearly 7% so far and is up 1.64% today.
The next key hurdle is the POC or Point of Control at $2.41, which is the highest traded volume level since December 3, 2024. Beyond this, investors can expect XRP price to revisit $2.58.
If XRP price overcomes $2.58, it is likely to kickstart an explosive rally to $3, which is the next key psychological level.
Other Factors That Could Propel XRP
While the short-term outlook remains bullish with Arthur Britto’s comeback, the mid-term outlook remains uncertain, as noted in a previous CoinGape article that outlines XRP’s 7-month consolidation pattern. This article notes that XRP is on the verge of a volatile breakout.
From a fundamental perspective, the rumors of a Ripple lawsuit settlement delay have also been quashed, providing short-term relief amid crypto market recovery. A conclusion to this long-standing feud between Ripple and the SEC could serve as a tailwind propelling the XRP price higher.
All in all, the outlook for XRP remains bullish with Arthur Britto’s comeback and price bouncing off the value area’s lower limit of $2.06. If this support holds, investors can expect a $3 retest this week. However, this bullish outlook is contingent on the sustained recovery of BTC above $100,000.