As the crypto market shows signs of recovery, investors are speculating whether Ripple’s XRP could witness a major breakout if SWIFT, the global payments network, officially announces a partnership with Ripple’s blockchain this week.
Is SWIFT About to Integrate Ripple? XRP Poised for a Historic Opportunity
Recently, rumors have been circulating in the crypto community suggesting that SWIFT — the world’s largest international payment network with over 11,000 participating financial institutions — may soon integrate Ripple’s blockchain technology. According to market analyst John Squire, SWIFT could announce this partnership within the next seven days.
He stated:
“Several credible sources indicate that SWIFT is preparing to officially announce that XRP — via Ripple — will be integrated into its global payment infrastructure.”
If this materializes, Ripple would gain massive global exposure and could become the go-to cross-border payment solution for thousands of financial institutions. Such a development could push XRP’s price toward the $3 mark in the short term.
Squire also noted that Ripple previously participated in pilot programs with SWIFT in 2023, testing blockchain interoperability — further fueling speculation that the two parties may be approaching an official partnership.
Technical Analysis: Is XRP Gearing Up for a Breakout?
From a technical perspective, XRP is showing bullish signs after rebounding from strong support at $1.79. The token is currently attempting to break above the upper resistance line of its descending channel. If Ripple establishes a new higher low, the downtrend could reverse into an uptrend.
The next resistance lies around the “Point of Control” (PoC) — a price zone with historically high trading volume. If XRP manages to break through this level, market structure would shift in favor of buyers, potentially propelling the price to the $2.60 range.
However, the RSI currently indicates weak buying pressure. Without significant accumulation from investors, the upward momentum may stall before reaching previous highs.
What Price Could XRP Reach If a SWIFT Deal Happens?
If SWIFT officially announces a partnership with Ripple, market sentiment could rapidly turn bullish, triggering a surge in demand that may drive XRP beyond the $3 mark before the end of the month. Some analysts even predict a potential rally to $45, based on historic breakout patterns.
