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XRP at $2.9 – Here’s Why XRP Price is Surging Today
Beginner
2025-07-14 | 5m
XRP surged to $2.90 today, July 14, amid intense buying pressure led by South Korean retail traders and renewed optimism surrounding its relevance in global financial infrastructure. The price movement reflects growing momentum across both trading platforms and institutional narratives favoring Ripple’s ecosystem.
According to crypto analyst Dom, net spot market buy pressure of 45 million XRP pushed the price from $2.60 to $2.90.
XRP’s rally follows a clean break from a multi-session descending triangle pattern, with sustained institutional flows confirming renewed market interest. Analysts cite improving regulatory signals and Ripple’s expanding enterprise adoption as catalysts for inflows, while broader crypto markets remain supported by softening macro policy expectations and favorable capital markets conditions. With the $2.84 zone cleared and held, momentum traders now eye the $3.40 level as the next major resistance zone.
What Traders Are Watching
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Can XRP flip $2.934 into support and extend rally toward $3.10–$3.40?
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Watch for downside tests of $2.91 — a breakdown there could invite a move toward $2.84 retest
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Volume remains key: continued 100M+ hourly volume signals institutional follow-through
Takeaway XRP’s 6% rally isn’t just technical — it’s capital-backed. Volume at the $2.84 breakout zone confirms large-buyer participation, while price action into the close shows composure.
As the market now eyes the $3.40 breakout target, XRP continues to trade like a leader — not a laggard.
ISO 20022 Implementation Boosts XRP Community Sentiment
In a separate but notable development, today also marks the scheduled implementation of the ISO 20022 messaging standard by the U.S. Federal Reserve for its Fedwire Funds Service. The update is drawing considerable attention from XRP holders due to the token’s full compatibility with ISO 20022 standards.
July 14 has
become a milestone in the XRP community, as its crypto token is meant to facilitate cross-border payments, real-time, and data integrity, which are at the foundations of the ISO 20022 system.
The fact that Ripple is intertwined with financial institutions that are using the format already increases its usefulness in international finance.
XRP is one of the very few digital assets, along with XLM, ALGO, XDC, and HBAR, that comply with ISO 20022. Nonetheless, XRP is the best-known one because it has banking partnerships and is also embedded in RippleNet.
Fedwire transition may promote wider enterprise usage of digital assets that conform to messaging requirements, and XRP fits this category.
Through its partnerships with big players in the financial sector like Bank of America and SBI Holdings, Ripple has made further claims to its systemically important role in such regulatory harmonious settings.
The enhanced information provided by ISO 20022 should simplify the flow of information through the financial systems and may bring more XRP usage to real-time settlement solutions.
Conclusion
XRP’s climb to $2.90 is being driven by surging South Korean demand and growing interest linked to the ISO 20022 transition. With institutional adoption on the horizon and Ripple’s ecosystem expanding, market attention on XRP continues to intensify.
CoinCatch Team
Disclaimer:
Digital asset prices carry high market risk and price volatility. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance. CoinCatch is not responsible for any losses that may occur. This article should not be considered financial advice.
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