XRP recently moved up after finding support below the $2 level. The price increase is linked to renewed speculation about a potential integration of XRP with SWIFT. SWIFT is the global system used for most cross-border payments. It handles trillions of dollars in transactions every day.

Rumors about a partnership between Ripple and SWIFT have circulated before. Ripple’s CEO has previously made comments suggesting the possibility of either an integration or a replacement. A former SWIFT employee also claimed that banks have tested XRP’s compatibility with the SWIFT network, Coinfomania reported.

XRP Price Gains Amid Ripple-SWIFT Rumors

The latest claim came today. Market analyst John Squire stated that a deal between Ripple and SWIFT will be announced within the next seven days. No official confirmation has been provided by either party so far.

April 16 and April 21 could become the two most important dates in XRP’s history.

And I’m not saying this for hype. I’m saying it because of context, data, and a narrative that’s been building for years.

Let’s start with April 16:

It’s the deadline for Ripple to submit its…

— John Squire (@TheCryptoSquire) April 13, 2025

If such a deal is announced, XRP’s blockchain technology may be used by leading global banks. This could lead to wider adoption of Ripple’s payment system. Following the recent speculation, some observers believe that XRP’s price could reach $3 if the announcement occurs.

XRPUSD Shows Uptrend with Trendline Support

The XRPUSD H1 chart reveals an uptrend, following a clear trendline. After encountering resistance at 2.24500, the price underwent a bearish correction. Currently, the cryptocurrency is hovering near the trendline's support.

If a bullish reversal pattern forms, it could encourage buyers to go long, potentially pushing the price higher. However, a bearish breakout at the trendline could lead to a choppy price action, with a slow downward movement.