XRP/USD Forecast: XRP Tests 1.2157 as Ripple and Bitso Expand Cross-Border Payments

Market participants are focused on the announcement of cooperation between Ripple Labs Inc. and Bitso S.A.P.I. de C.V., aimed at developing a cross-border settlement service between the United States and Mexico. A key element of the initiative will be the launch of the regulated MXNB stablecoin, denominated in Mexican pesos and backed 1:1 by fiat reserves, with issuance through Bitso’s Juno structure and native integration into the XRP Ledger (XRPL), including the use of Ripple Payments on DEX infrastructure for verified institutional participants. According to management statements, the token will be used together with the RLUSD stablecoin and will target corporate cross-border payments, treasury operations, and liquidity management in one of the largest markets, where the annual volume of remittances sent by migrants to Mexico is estimated at around 60.0–65.0 billion dollars, coming mainly from the United States. At the same time, the traditional infrastructure for international transfers in this corridor is characterized by dependence on correspondent banking chains, fragmented settlements, and average processing times ranging from several hours to several business days, depending on the provider and jurisdiction. The proposed model based on the XRP Ledger involves the use of tokenized fiat liabilities and on-chain liquidity to reduce the number of intermediaries in the settlement chain and increase transaction speed to several seconds while complying with regulatory requirements, with a potential reduction in costs to sub-percentage levels viewed as an efficiency target.

Today at 20:00 (GMT+2), the results of the U.S. Federal Reserve monetary policy meeting will be published: interest rates are likely to remain in the 3.50–3.75% range despite persistent price pressure. According to the Chicago Mercantile Exchange (CME) FedWatch Tool, the probability of keeping the current parameters unchanged is estimated at 98.6%, while the probability of tightening at the December meeting has declined to 41.5%.

Support and resistance levels

Quotes are holding slightly above the support line of the local descending channel with dynamic boundaries at 1.4840–1.0250, moving toward the resistance line near 1.4680.

Technical indicators are slowing the global sell signal: the EMA fluctuation range on the Alligator indicator is narrowing in the direction of growth, while the AO histogram is forming new upward bars near the transition level.

Support levels: 1.1720, 0.9400.

Resistance levels: 1.3170, 1.5480.

XRP/USD trading scenarios and forecast

Long positions should be opened after the price consolidates above 1.3170, with a target at 1.5480 and a stop-loss at 1.2600. Expected timeframe: 7 days or more.

Short positions should be opened after the price consolidates below 1.1720, with a target at 0.9400 and a stop-loss at 1.2300.