XRP price has experienced a notable resurgence, breaking above the $2.22 support level and reaching new heights as technical analysts continue to predict bullish momentum. Notably, XRP’s recent bounce aligns with Elliott Wave theory, hinting at an upcoming strong market rally. Ripple projects a major expansion for XRP in cross-border payments, aiming for significant market share within SWIFT’s framework. 24-hour trading data shows a dip of 2.45%, however, the price has rebounded to $2.24 after this fluctuation. Dark Defender, known for his Elliott Wave analysis, anticipates this bounce as the beginning of Wave 5 on the monthly timeframe. This wave is expected to have a strong bullish impulse. The confluence of Elliott Wave theory and Fibonacci retracement levels is providing strong technical support for this prediction. Expert charts from June 8 and 10 show the development of Elliott Wave structures, including a “Coffee Cup Line,” signaling a bullish impulse. Following these developments, XRP’s price rebounded to $2.27 before retracing to test support between $2.20 and $2.25. This area is viewed as key demand zone and analysts suggest that its defense could pave the way for renewed upward momentum. Chart history indicates past triangle breakouts often lead to sustained rallies, further supporting this analysis. The target zone for XRP/USDT price predictions stands at between $2.60 and $2.70, assuming buyers defend the $2.222–$2.25 range effectively. Ripple CEO Brad Garlinghouse presented a bold vision for XRP’s future role in cross-border payments during the APEX 2025 event in Singapore. He stated that XRP could potentially handle 14% of SWIFT’s transaction volume within five years, potentially driving a surge in value to $1,000 per XRP. Ripple aims to facilitate liquidity movement across borders rather than replacing SWIFT’s messaging system, focusing on solving challenges in the financial space. This vision is further supported by the growth of tokenized assets, which could reach hundreds of billions in value within the next few years, positioning XRP as a crucial piece for future digital finance systems. 2025 promises to be a pivotal year for XRP. Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.