Crypto analyst Egrag Crypto has again predicted that the XRP price could reach $27. This time around, he outlined the technical formation that could spark a parabolic surge for the altcoin as it eyes the $27 target. 

How The XRP Price Could Reach $27

In an X post, Egrag Crypto stated that the Linear Regression targets for the XRP price are $3.4, $10, and $27. He further explained that, as of this month, these three major price levels stand out based on the long-term Logarithmic Linear Regression Channel. The analyst then touched on each price target and how XRP could reach there. 

Egrag Crypto described the $3.40 target for the XRP price as the mean reversion. He stated that a retest and rejection from $3.40 would be one of the strongest bearish TA signals for the altcoin. The analyst further remarked that this target is based solely on chart structure, not fundamentals. He added that a close above this level means that XRP is officially back in macro bullish territory. 

Furthermore, the analyst stated that the $10 target for the XRP price is the upper midline. He explained that this is where full bull expansion normally accelerates and that the target rises with time because this channel is logarithmic. Lastly, Egrag Crypto highlighted $27 as the top of the channel. He noted that multiple long-term confluences point to this target for the altcoin. 

Notably, this XRP price prediction comes amid several bullish fundamentals for the altcoin. Ripple was just granted a conditional approval for its national trust bank charter, which could boost XRP’s adoption. XRP also just expanded to Solana with Hex Trust’s launch of its wrapped XRP token for DeFi purposes. Meanwhile, Swiss bank AMINA Bank has integrated Ripple payments, which utilize XRP.  

The Major Levels To Watch Haven’t Changed

Crypto analyst CasiTrades stated that the major levels for the XRP price haven’t changed. The macro supports are $2.03 and $1.64. On the other hand, the macro resistance is $2.41, which a break above would confirm a bullish scenario for the altcoin. The analyst remarked that if a break above $2.41 happens, the next measured targets stand around $2.75 and $2.90. 

However, if the XRP price breaks below the macro support at $2.03, CasiTrades predicts that the altcoin could fall below $1.97 and decline towards the $1.64 major support. She reiterated that there is no official confirmation yet on the next potential move for XRP. Interestingly, the world’s largest IQ holder, YoungHoon Kim, stated that XRP has a strong possibility of reaching a new ATH by the end of this year. 

At the time of writing, the XRP price is trading at around $2.01, down in the last 24 hours, according to data from CoinMarketCap.

Ripple announced on Friday that it has entered a new partnership with Switzerland-based AMINA Bank, making the FINMA-regulated institution the first European bank to deploy Ripple Payments for near real-time cross-border transactions.

The agreement allows AMINA Bank’s clients to use Ripple’s licensed end-to-end payments infrastructure, positioning the bank as an early adopter of blockchain-based payments within Europe’s traditional financial sector.

Ripple said AMINA Bank will integrate its payments technology to strengthen settlement capabilities and improve the experience for clients operating across both blockchain and fiat systems.

The move builds on an existing relationship between the two companies, following AMINA Bank’s decision earlier this year to support Ripple USD (RLUSD) through custody and trading services.

Reducing Friction Between Blockchain and Traditional Rails

AMINA Bank said the integration of Ripple Payments will also help address operational challenges faced by crypto-native companies working with legacy banking systems. Blockchain transactions often move faster than traditional correspondent banking networks, creating gaps in settlement and increasing the administrative burden on firms that operate across both environments.

By using Ripple’s infrastructure, AMINA Bank said it intends to streamline these processes. The bank’s clients will be able to settle transfers quickly at a lower cost. Ripple said the technology provides the reliability required by institutions operating across multiple currencies and digital asset types.

“Native web3 businesses often run into friction when working with legacy banking systems,” said Myles Harrison, Chief Product Officer at AMINA Bank. “Traditional correspondent networks weren’t designed to support cross-border stablecoin transactions. With Ripple’s support, we can reduce that friction and help our clients maintain their competitive edge,” Harrison added.

Strengthening Capabilities for Crypto and Traditional Clients

Ripple said the partnership will allow AMINA Bank to act as a bridge between blockchain innovators and conventional banking infrastructure.

Cassie Craddock, Managing Director for the UK and Europe at Ripple, said the partnership will expand the bank’s ability to offer seamless cross-border payment solutions.

“We are providing a crucial bridge between fiat and blockchain rails to AMINA Bank’s clients,” she said. “This includes access to payments using RLUSD and other stablecoins, as well as rapid payouts in multiple currencies,” Craddock added.

Expanding Global Adoption of Ripple Payments

The partnership is another step in Ripple’s expansion of its institutional payments network. Ripple Payments currently processes more than $95 billion in volume and offers coverage across jurisdictions representing more than 90% of global FX markets.

Ripple Payments are available in Australia, Brazil, Dubai, Mexico, Singapore, Switzerland, and the United States. As Ripple deepens its footprint in regulated financial markets, the collaboration with AMINA Bank shows growing interest among banks in integrating digital asset infrastructure.

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