Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Markets>
XRP News Today: XRP's Role in FX Hedging Becomes a Major Catalyst for Technical Bullish Outlook

XRP News Today: XRP's Role in FX Hedging Becomes a Major Catalyst for Technical Bullish Outlook

Bitget-RWA2025/10/28 16:16
By: Bitget-RWA
- XRP's Stochastic RSI formed a golden cross, historically preceding 500% and 128% price surges, with current levels suggesting potential $10.93 target. - XRP's emerging FX hedging utility enables instant cross-border settlements, attracting institutional interest as a bridge currency for currency risk mitigation. - A speculative Google Gemini model projects $250 price if XRP captures 15% of the $130T FX derivatives market, though volatility demands active risk management. - Analysts caution regulatory dev

The

Stochastic RSI has recently displayed a golden cross on its weekly chart, a technical event that has historically signaled notable price increases. This occurrence has sparked renewed conversations about the possibility of a rally for the cryptocurrency, with experts referencing previous occasions where such signals came before gains of 500% and 128%, as reported by . XRP, currently valued at $2.64, has already climbed 20.6% from its October 17 low, fueling speculation about continued upward movement.

According to the report, a golden cross takes place when the Stochastic RSI’s %K line moves above the %D line, usually below the 20 mark, indicating strengthening bullish momentum. In November 2024, the %K line jumped from 4.78 to 20.66, while the %D line dropped to 10.07, preceding a 500% rally. A similar setup in April 2025, with the %K line reaching 5.44 and the %D line falling to 4.42, was followed by a 128% surge from $1.61 to $3.66. The latest crossover, seen in early October 2025, had the %K line rising to 18, overtaking the %D line at 10.96, which has heightened expectations for another strong move, the report noted.

XRP News Today: XRP's Role in FX Hedging Becomes a Major Catalyst for Technical Bullish Outlook image 0

With an average return of 314% from these two previous cases, XRP could potentially reach $10.93 if the trend continues. This estimate is in line with recent forecasts from analysts such as Ali Martinez and EGRAG Crypto, who have pointed to both technical and fundamental drivers for an $11 target, according to the report. Despite this, the wider crypto market remains wary, and XRP’s annual volatility of 50–100% means that institutional investors may need to employ hedging strategies, as detailed in

.

XRP is also being explored for a new application in foreign exchange (FX) hedging. As corporate treasurers look for ways to manage currency risk, XRP’s rapid settlement on the XRP Ledger (XRPL) could help them avoid prolonged exposure to fluctuating exchange rates, the analysis suggests. For instance, a U.S. business could convert dollars to XRP and then to euros within seconds, sidestepping traditional FX risks. TheCryptoBasic analysts also point out that XRP’s integration with CME futures and liquidity pools boosts its value for hedging, though its volatility means active risk management is essential, the analysis warns.

According to a hypothetical scenario from Google Gemini, if XRP were to capture 15% of the $130 trillion global FX derivatives market, its price could soar to $250. This projection is based on a 1:1 relationship between XRP’s market cap and the notional value it supports, resulting in a $15 trillion market cap with a circulating supply of 60 billion, the analysis states. While this outlook is speculative, it highlights the increasing institutional interest in XRP as a bridge asset.

With technical signals and new use cases converging, XRP finds itself at a pivotal moment. However, observers note that regulatory shifts and broader economic trends could shape its future. As XRP experiences its latest rally, attention is on whether the golden cross and FX hedging narrative will lead to lasting adoption and price growth.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Bitcoin News Today: Will Bitcoin Revisit $100k? Is This a Period of Stabilization or a Pullback?

- Bitcoin retests $100,000 support amid divided market views on consolidation vs. correction. - Technical analysts highlight $100,000 as a psychological and structural pivot point for institutional activity. - Institutional inflows contrast with declining retail participation as new addresses drop 15% above $110,000. - Macroeconomic uncertainty and Bitcoin's 0.3 S&P 500 correlation fuel debates over its systemic risk hedge potential. - Surge in put options and 30-day high fear index signal caution despite

Bitget-RWA2025/11/05 03:22
Mamdani's Initiatives Put New York City at Odds With Wall Street and Cryptocurrency Companies

- Zohran Mamdani's progressive policies as NYC's first Muslim mayor could reshape finance and crypto sectors, sparking debates on affordability and regulation. - Proposed 2% income tax on $1M+ earners and 11.5% corporate tax aim to fund housing and childcare, but may drive crypto firms to low-tax states like Texas. - Cuomo and Trump opposed Mamdani's agenda, while analysts debate his limited powers under state budget rules and potential regulatory pressures on crypto. - NYC's existing crypto regulations an

Bitget-RWA2025/11/05 03:22
Bitcoin News Update: Major Institutions Support Canaan’s AI-Powered Mining Growth with $72 Million Funding

- Canaan Inc. secured $72M from Brevan Howard, Galaxy Digital , and Weiss to expand North American data centers, boost Bitcoin mining capacity, and fund R&D. - The investment follows a 50% YTD stock decline but strengthens its balance sheet, with CEO Zhang citing growing institutional confidence in its technology. - The deal aligns with industry trends as miners like CleanSpark and NIP Group pivot to energy-efficient AI infrastructure and diversified revenue streams. - Canaan paused 2025 equity sales, leve

Bitget-RWA2025/11/05 03:08
Ethereum Latest Updates: Institutions Broaden Portfolios as Ethereum Drops to 36th

- Ethereum's market cap fell below $400B on Nov 5, ranking 36th globally as liquidations and ETF outflows accelerated. - Over $1.1B in crypto liquidations hit Ethereum and Bitcoin , with ETF outflows exceeding $500M as institutions diversify holdings. - Macroeconomic pressures and regulatory uncertainty worsened the selloff, pushing Bitcoin near $100K and altcoins into steep declines. - Analysts warn of further $6B liquidations if Bitcoin breaks $106K, with Ethereum facing potential $1,700 drop by mid-2026

Bitget-RWA2025/11/05 03:08

Trending news

More
1
Bitcoin News Today: Will Bitcoin Revisit $100k? Is This a Period of Stabilization or a Pullback?
2
Mamdani's Initiatives Put New York City at Odds With Wall Street and Cryptocurrency Companies

Crypto prices

More
Bitcoin
Bitcoin
BTC
$102,116.63
-4.51%
Ethereum
Ethereum
ETH
$3,330.52
-8.63%
Tether USDt
Tether USDt
USDT
$1
+0.03%
XRP
XRP
XRP
$2.23
-5.14%
BNB
BNB
BNB
$950.12
-4.69%
Solana
Solana
SOL
$155.95
-6.99%
USDC
USDC
USDC
$1
+0.03%
TRON
TRON
TRX
$0.2859
+0.44%
Dogecoin
Dogecoin
DOGE
$0.1644
-3.41%
Cardano
Cardano
ADA
$0.5294
-5.49%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter