Fed Mulls XRP? Will It Skyrocket or Just Vaporware?

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For seven weary days, XRP’s price wandered aimlessly between $2.01 and $2.23—neither a calamity nor salvation, merely the epitome of stagnation. Yet, whispered secrets from the cryptic halls of the US Federal Reserve suggest a tremor beneath this solemn monotony: a hint that Ripple’s blockchain might be embraced for the FedNow payment system. What a theater of the absurd this is—central bankers dancing with decentralized ledgers! If the gods of finance smile upon this unholy union, will XRP ascend beyond mere mortal dreams to $20? Let us descend into this mystery.

The Fed’s Blockchain Ballet: XRP in the Crosshairs

The murmurs in Ripple circles swirl with fevered hope that the Federal Reserve—guardian of the vaults—may entwine itself with Ripple’s ledger. Imagine the spectacle: the juggernaut of traditional finance clasping the enigmatic enigma of blockchain as a reluctant bride. Such a move would catapult XRP prices higher than the aspirations of ordinary traders.

Crypto sage CryptoGeek dug up a dusty embossed scroll—the Fed’s own document—outlining plans to splice blockchain technology into the old guard’s arteries. Among the chosen is Ripple’s network, its star rising as the litigation storm with the SEC clears away like an uninvited fog.

Federal Reserve Blockchain Plans

An oracle whispered that July 14 could be the day of reckoning. This, the Fed’s announced unveiling of the Fedwire Funds Service upgrade, possibly the stage for Ripple’s blockchain cameo.

This rumor gains weight with Ripple’s rumored alliance with SWIFT, casting the altcoin as both a domestic champion and international player—an uncomfortably plausible plot. A parabolic rally, therefore, lurks like a bear ready to pounce, and yet, one wonders if hope is not merely a mirage in the harsh desert of market fate.

The $20 Mirage: Fantasy or Imminent Reality?

Should the US Federal Reserve immortalize Ripple within its infrastructure, XRP might indeed surge to $20, creating a gargantuan market cap of $1.2 trillion—making it the titan of altcoins and the envy of Bitcoin’s throne watchers. Almost mythic.

Davinci Jeremie, who once prophetically summoned souls to Bitcoin’s side at a humble $1, now prophesies an XRP price of $24 by year’s end. His gospel? The backing of America’s bureaucratic overlords, who, rumor has it, harbor conspirators pushing XRP into glory. One imagines secret meetings, fingertips steepled, plotting the altcoin’s rise while sipping dried-up coffee.

“There is a lot of people in the US government that are pushing XRP. And so we could see possibly, XRP do something crazy.”

Crazy indeed. Twenty dollars seems not just a dream but a destination buoyed by potential Federal Reserve integration. Yet let us not forget: in this game of financial thrones, every crown has its hidden dagger.

The Trenches: Short Term Outlook for Ripple

Behold the daily chart, where XRP faces its Gauntlet—the RSI indicator teasing with hesitance. Once it climbed with the zeal of a spring lamb, now it falters, sagging into bearish clouds. A lower RSI low might herald a steep descent, a nosedive into despair few newcomers survive.

Yet, hope flickers: XRP clings stubbornly to the 200-day EMA, a cliff edge that, if held, could stave off the abyss. A breakout above the 50-day EMA at $2.21—the gatekeeper of the descending channel—would signal a reversal from gloom to grace.

XRP USD Chart

XRP’s price battlefield is riddled with bullish traps and hidden landmines, with the Fed adoption flickering as the brightest torch. If the beast of bearish momentum can be slain, the altcoin may find a rendezvous with destiny—perhaps even beyond 420 in dizzying exhilaration. Until then, the watchers hold their breath, the jesters joke, and the market waits—for a miracle, or a cruel punchline. 🤡

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2025-04-18 11:59