Ripple News: Could XRP–SWIFT Integration Send XRP Price Soaring to a $3.40 All-Time High?

Today, March 31, marks another day of XRP’s continued downtrend as it is now trading at $2.06. This marks a 5.3% daily value degradation and a 12.8% weekly fall in price. This downtrend streak continues as XRP news continues to be positive. An example of such recent news has been the dismissal of the SEC’s case against Ripple. There are also statements that confirm XRP’s compatibility with the Swift system. The confirmation of XRP and SWIFT’s integration is a guarantee of XRP’s long-term growth. 

Ripple vs SEC: Has the Battle Finally Ended?

Ripple CEO Brad Garlinghouse first announced that the SEC had dropped its lawsuit and appeal against XRP. Since then, the SEC has yet to confirm or deny this claim; this has not had a positive effect on market sentiment. The appeal sought to challenge Ripple’s right to sell XRP with programmatic systems. The announcement of Ripple’s dismissal of its cross-appeal against the SEC was also meant to reassure the community. This is because such a statement meant the agreement between the SEC and Ripple was reaching the final stages. This also meant that the limitations on the institutional sale of XRP were also over. 

SEC’s Next Move — Will April 3 Spark a Comeback?

These positive announcements failed to save the XRP token from falling even more in value. Additionally, the community’s sentiment does not seem to have improved. However, the SEC’s next closed meeting on April 3 could prove to be an essential variable in XRP price prediction. If we get an official confirmation of these developments, we can soon expect the return of XRP to the institutional market. Additionally, this will lead to the SEC approving the long-awaited XRP ETFs, starting Ripple’s explosive growth in the institutional sector.

Over 11,000 Banks Tested XRP – Is the Price Ready to Rise?

Another recent XRP news item that can lead to a bullish price movement is the XRP and SWIFT integration. Based on the statement of a former employee, the use of XRP on SWIFT has been tested by over 11,000 banks. Additionally, there have also been reports that Ripple is close to making an agreement with SWIFT. As such, if such development becomes official, the institution’s investment in XRP will skyrocket. This will also increase the XRP token’s utility and real-world use, leading to increased adoption and XRP price surge, potentially to a new ATH.

Chart 1 – provided by Shirinyan, published on TradingView, March 31 2025

According to Chart 1, the price of XRP has now fallen near the essential psychological support of $2. The price line has retested this support a few times now as XRP has not closed below $2. However, we can see some worrying, bearish signals when analysing the market with technical indicators. The 200-day EMA represents one of the last essential supports for XRP’s price. This is because XRP has broken below the 50 and 100-day EMAs before. Additionally, in the chart, we can also see a descending triangle pattern, which historically comes before a breakdown. 

Is a Crash Coming? XRP Battles Rising Selling Pressure

Additionally, the volume also supports a bearish XRP price prediction. This is because there have been some sudden surges in volume; however, there has been no consistent increase in investor interest. The selling pressure of the XRP market has also been increasing, as the RSI is nearing the 37-point. This shows an influx of sellers as the RSI is close to being oversold. To avoid falling further, XRP needs to stay above the $1.80 to $1.85 support range. If this support range gets broken, the investor panic might set in, causing a catastrophic crash for XRP.