Price analysis
Will XRP Price Hit $1,000 If It Replaces Swift After Trump’s Endorsement?
XRP (Ripple) price has been consolidating in recent weeks as the cryptocurrency continues to gain traction in the global payments space. XRP was created to be used with RippleNet, a blockchain-based network designed for banks and financial institutions. With growing adoption and potential replacement of traditional systems like SWIFT, many are asking: Can the XRP price hit $1,000?
Can XRP Price Skyrocket if Trump Endorses It as Swift’s Successor?
RippleNet provides customers with payments that are both speedier and cost-slower than what SWIFT, the industry norm, has delivered for many years. XRP serves as a bridge currency to enable swift currency exchange without dependent pre-funded accounts, which grants it superior functionality over conventional payment systems.
SWIFT and XRP continue to compete actively, which reveals the move towards innovative payment systems. SWIFT operates as an established payment system for over 10,000 banks worldwide through a correspondent bank network, yet it has served the market since its inception many decades ago.
RippleNet resolves settlement transactions through blockchain technology while offering almost instant and inexpensive transactions to compete against SWIFT’s control. Ripple has recently introduced XRP as a major international payment solution after the U.S. Crypto Strategic Reserve endorsed the blockchain network.
XRP Price Analysis: Key Levels to Watch in March 2025
The latest price of XRP has seen notable fluctuations over recent days. As of March 4, 2025, the Ripple price is at $2.4, showing a surge of 1.83%. Most cryptocurrencies are struggling to recover after a day of massive liquidation.
The top coin saw a strong rally earlier, reaching a peak of $2.83 before reversing its course, creating potential support and resistance levels that traders are currently eyeing.
The Moving Average Convergence Divergence (MACD) shows a slight bullish trend. The MACD line shows bullish momentum, having recently crossed above the signal line, signaling possible upward price movement.
The RSI is positioned at 58.46, indicating that XRP is neither overbought nor oversold, but its price could experience volatility as it hovers in neutral territory.
Looking ahead, the support levels for XRP are seen at $2.20 and $2.00, while resistance is currently set around $2.46 and $2.50.
A breakout above the $2.50 level could push the Ripple price prediction towards its next target of $2.80, representing a potential 19% price increase. On the downside, if XRP fails to hold its support, the next level to watch would be $2.00.
To sum up the, XRP price hitting $1,000 is a big stretch given the current market dynamics. While the technology behind XRP offers significant advantages, replacing SWIFT remains a challenge. The endorsement of prominent figures like Trump could boost its profile, but substantial hurdles remain for Ripple to reach such a high price point.
Frequently Asked Questions (FAQs)
XRP offers competitive advantages over SWIFT, but replacing it entirely remains unlikely in the near future.
RippleNet is a blockchain-based network that enables secure, fast, and low-cost international payments.
XRP serves as a bridge currency, allowing banks to exchange different currencies without pre-funded accounts.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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Bitcoin price rebound 2.3% to reclaim the $84,100 mark on Friday, after China announced retaliatory tariffs on U.S. imports. Will BTC price trajectory decouple from US stocks?
Bitcoin holds key support as China escalates US trade war
On Friday, Bitcoin price rose 2.3% after China imposed a sweeping 34% tariff on U.S. imports, escalating global markets tensions.
This latest development intensifies fears of a prolonged trade war, sending shockwaves across traditional financial markets, prompting investors to reassess their portfolio.
Notably, China’s retaliatory measure comes just 48 hours after former President Donald Trump had introduced fresh tariffs on Chinese imports along with multiple other nations.
Drawing insights from the CoinMarketCap chart above, BTC price briefly dipped to $81,600 before rebounding above the $84,100 mark, at press time.
While BTC’s price action remains under pressure, BTC appears to be attracting more inflows, as investor look diversify from potential impact of China’s tariffs on US firms revenues.
Bitcoin’s divergence from U.S. stocks signals decoupling trend
Despite the negative sentiment surrounding the escalating trade war, Bitcoin has maintained its footing above $82,000 throughout the week. This stability contrasts with the S&P 500, which has recorded a 6% decline over the same period, closing at lower levels each day.
The divergence between Bitcoin and traditional equities suggests a potential shift in investor behavior. As U.S. stock markets falter under the bearish overhang of the ongoing trade war, Bitcoin’s relative resilience could position it as a safer store of value.
If Bitcoin price can form a steady support base around the $81,000 level, it could beging attracting hedge demand from investors looking to mitigate exposure to stock market volatility.
Bitcoin price forecast: $85K breakout ahead of $81,000 support holds
As China’s retaliatory measures introduces fresh volatility, Bitcoin price forecast signals now indicate potential for a breakout above $85,000. However, this breakout remains contingent on BTC maintaining critical support at $81,000.
The daily Bollinger Bands indicate a tightening range, with BTC currently trading near $84,009.24. The lower band at $80,927.39 reinforces strong demand at this level, while the upper band at $88,104.90 signals a possible bullish breakout if momentum strengthens.
The Nasdaq 100’s weakness further supports Bitcoin’s resilience. With major tech stocks like Apple and Cadence Design Systems (CDNS) posting losses, BTC’s ability to hold firm above $82,000 suggests it could be decoupling from U.S. equities.
As investors look to avoid the impact of China’s tarrifs on US firms, many investors could lean into BTC to mitigate the downside risks, potentially driving up Bitcoin prices towards $85,000.
The Relative Strength Index (RSI) stands at 47.22, reflecting neutral sentiment but trending slightly upward. A move above 50 would confirm renewed bullish momentum. Meanwhile, trading volume remains moderate at 30,140 BTC, suggesting accumulation rather than aggressive selling. If buying pressure intensifies, BTC could challenge resistance at $85,000, with a decisive break opening the door toward $88,000.
Conversely, a failure to sustain $81,000 could trigger $793 million in liquidations, amplifying downward pressure. However, given Bitcoin’s historical strength at this level, buyers remain well-positioned to defend it.
Frequently Asked Questions (FAQs)
China’s tariffs create economic uncertainty, pushing investors toward Bitcoin as a hedge, potentially increasing demand and price stability.
Bitcoin has held above $82,000 despite the S&P 500’s decline, suggesting increased investor interest as a non-correlated asset.
The $81,000 support is critical. A breakout above $85,000 could signal bullish momentum, while a drop risks mass liquidations.
ibrahim
Crypto analyst covering derivatives markets, macro trends, technical analysis, and DeFi. His works feature in-depth market insights, price forecasts, and institutional-grade research on digital assets.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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Price analysis
Crypto Investor’s Brave Yet Hilarious Prediction Speculates If XRP Price Will Hit $3,000 This Cycle
A renowned crypto investor has outlined a brave XRP price prediction saying that Ripple might rally to $3,000 this cycle. The analyst’s bullish forecast comes at a time when bearish headwinds are causing a downturn across the broader crypto market as XRP struggles to sustain levels above the crucial support of $2.
Crypto Investor Shares Brave XRP Price Prediction
Crypto investor Random Crypto Pal has shared a bold XRP price prediction and likened the 2017 XRP price rally to the 2025 price movement. He noted that in 2017, Ripple climbed from $0.003 to $3.31, which was an over 110,000% price gain, If it repeats this pattern, XRP could reach $3,000.
Pal’s bullish prediction has attracted criticism from other crypto investors. In response to his X post, one user noted that in 2017, XRP only needed billions of dollars to achieve the $3.31 price within months. However, for an upswing to $3,000, Ripple needed trillions of dollars in buying demand, which was not feasible.
More importantly, at a price of $3,000 and a circulating supply of $58 billion, XRP would have a $174 trillion market cap. This is more than six times higher than the annual US GDP. It would also be three times bigger than the entire US stock market, which has a market cap of $69 trillion.
This massive market cap valuation shows why a $3,000 XRP price prediction is hilarious. Ripple is unlikely to reach this level with the current amount of token supply.
Ripple Technical Analysis As Another Crash Looms
XRP price today trades at $2.09 with a 3.6% decline in 24 hours. Ripple is on the verge of another crash and might drop below $2 as investors flee from risk assets amid fears of President Trump’s tariffs and reduced odds that the Federal Reserve will trim interest rates.
On the one-day price chart, XRP had formed a rounding top pattern, which signals that the current trend might change to bearish. The height of this rounding top pattern indicates that Ripple could plunge by 17.45% from its current price level of $1.76.
Technical indicators support the bearish setup depicted by the rounding top pattern. The RSI is leaning towards being oversold and depicts bearish momentum while the ADX lime is also tipping north, another sign that the downtrend is strong.
As a recent Coingape article reported, if the XRP price drops below $1.90. It might crash to $1. Given that XRP has already dropped below the neckline of the rounding top, a crash is likely to happen in the near term.
XRP’s Liquidation Heatmap Supports Bearish Outlook
Besides the rounding top pattern, the liquidation heatmap supports the bearish outlook for XRP. Data from Coinglass shows that there is a hot liquidation zone at $2.05, where many long traders are at risk of being liquidated.
These liquidation zones tend to act as a magnet that pulls the price down. Moreover, the closure of long positions increases selling activity around an asset. This hints towards more bearish trends facing Ripple.
Frequently Asked Questions (FAQs)
According to crypto investor Pal, XRP can reach $3,000 if it repeats the 2017 cycle. However, this price target is unrealistic as it would need Ripple to add more than $173 trillion to its market cap.
Ripple has formed a rounding top pattern on the 1-day chart suggesting that the price might drop by 17% from the current price to $1.76.
XRP’s liquidation heatmap shows a strong magnet zone below the current price. XRP might drop to this level and trigger long liquidations that will push the price lower.
muthoni
Muthoni Mary is a seasoned crypto market analyst and writer with over three years of experience dissecting blockchain trends, price movements, and market dynamics. With a sharp eye for technical analysis and an in-depth understanding of on-chain metrics, she delivers insightful, data-driven content that helps investors navigate the fast-paced world of digital assets.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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Bitcoin price is at a pivotal level as ETF flows offloaded $93 million on Friday, ending a 10-day buying spree. While BTC holds key support at $82,000, BlackRock investors disposition may signal optimism.
Bitcoin ETFs End 10-day Buying Spree, But BlackRock Investors Hold
Bitcoin ETFs drew media attention on Friday as net outflows reached $93 million, marking the end of a 10-day buying spree that added over $1.07 billion in BTC.
FairSide data reveals that all of the outflows came from Fidelity’s FBTC, while BlackRock’s IBIT and eight other U.S.-approved spot ETFs recorded neutral flows, signaling diverging institutional investor sentiment.
Despite the selling pressure, BTC price showed resilience, bouncing from a 10-day low of $82,000 to reclaim the $84,000 level over the weekend.
This suggests that while some institutional players have turned cautious, BTC continues to find buyers at the $82,000 mark, likely driven by macroeconomic hedging.
Why Are Bitcoin ETFs Taking a Neutral Outlook Despite Bearish Market Sentiment?
While Bitcoin’s brief dip below $82,000 coincided with renewed regulatory uncertainty—following U.S. Congress’ scrutiny of Paul Atkins, Trump’s crypto-friendly SEC pick—the decision by major ETFs like BlackRock’s IBIT to hold rather than sell suggests a more calculated approach among institutional investors.
One possible explanation is that institutional investors are weighing broader macroeconomic risks. With concerns mounting over Trump’s proposed trade policies and their potential impact on traditional stock markets, Bitcoin remains an attractive hedge due to its independence from traditional financial structures. This could explain why ETF outflows have been concentrated in specific funds like FBTC rather than across the board.
- Large Un-realized Profits
Prior to the $93 million sell-off observed on Friday, Bitcoin ETFs had acquired over $1.07 billion in the previous 10-days. This sheer volume of Bitcoin accumulated by ETFs in recent weeks means that short-term supply is limited.
It also hints that majority on investors who began buying when BTC prices plunged below $77,000 over the past week are still in profit, hence the reluctance to sell.
This key dynamics may have contributed to Bitcoin price holding key support levels above $82,000. Notably, while BTC price rebounded, leading altcoins like Ethereum (ETH), Solana (SOL), and Ripple (XRP) have lagged behind, further reinforcing the narrative that institutional capital remains primarily focused on BTC.
What’s Next for Bitcoin ETFs and Institutional Demand?
The coming weeks will be crucial in determining whether Bitcoin ETFs resume their accumulation trend or if further outflows signal a shift in sentiment. Investors will closely watch developments in U.S. regulatory policy and broader market conditions to assess whether Bitcoin’s status as a safe-haven asset remains intact.
If the macroeconomic environment continues to favor Bitcoin as a non-correlated asset, ETF inflows could resume, pushing BTC to new highs. However, prolonged uncertainty or negative regulatory developments could trigger deeper corrections.
For now, BlackRock and other major institutional players appear to be maintaining their positions, indicating confidence in Bitcoin’s long-term trajectory.
Bitcoin Price Forecast: BTC Faces Critical Resistance at $84,400 Amid Bearish Pennant Formation
Bitcoin price forecast signals remains uncertain as BTC trades at $82,363, hovering near key support levels. The Bollinger Bands show tightening volatility, with resistance at $84,412 and $88,215. The Parabolic SAR at $80,237 suggests a continuation of the downtrend unless BTC breaks above the mid-range resistance.
A bearish pennant formation signals potential downside risk. If BTC fails to reclaim $84,400, selling pressure could drive the price towards $80,600 or even the lower Bollinger Band at $80,237. The volume delta reveals declining buying momentum, supporting the bearish case.
However, a bullish scenario emerges if BTC can hold above $82,000 and break past $84,400 with strong volume. This could lead to a rally toward $88,215, negating the bearish pennant. With key resistance intact, Bitcoin’s trajectory depends on its next move at this crucial level.
Frequently Asked Questions (FAQs)
Bitcoin price is declining due to ETF outflows, regulatory uncertainty, and shifting investor sentiment favoring safer assets like gold and cash.
Yes, if institutional demand returns, macroeconomic conditions improve, and key support levels hold, Bitcoin could regain bullish momentum.
Bitcoin ETFs drive large-scale buying and selling, influencing price volatility and overall market liquidity depending on institutional investor behavior.
ibrahim
Crypto analyst covering derivatives markets, macro trends, technical analysis, and DeFi. His works feature in-depth market insights, price forecasts, and institutional-grade research on digital assets.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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