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XRP Eyes $2.50 as Ripple Expands in Africa, Is Liftoff Near?

XRP Eyes $2.50 as Ripple Expands in Africa, Is Liftoff Near? WikiBit 2025-10-17 13:52

Key Insights: XRP trades near $2.36 with $2.30 support holding as bulls aim for $2.50 resistance zone. Ripple partners with Absa Bank to expand

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XRP Eyes $2.50 as Ripple Expands in Africa, Is Liftoff Near?

XRP trades near $2.36 with $2.30 support holding as bulls aim for $2.50 resistance zone.

  • Ripple partners with Absa Bank to expand cross-border payments and stablecoin use in Africa.
  • A close above $2.80 could open the door for XRP to target $3.67 and beyond.

XRP was trading near $2.36 after testing support at $2.30. That price level has attracted strong interest from buyers. Market participants are now watching whether XRP can push through the next resistance zone between $2.40 and $2.50.

If XRP fails to stay above $2.30, downside areas open up toward $2.05 and $2.00. These levels have served as support during previous pullbacks. On the upside, reclaiming $2.50 could shift the short-term setup. A move through that level puts $2.80 in sight.

Ripple Expands in Africa with Absa Bank

Ripple has formed a new partnership with Absa Bank, one of Africa‘s leading financial institutions. The agreement adds to Ripple’s growing presence in African payments. It also builds on earlier efforts with Chipper Cash and the launch of RLUSD, a USD-backed stablecoin.

Legal analyst Bill Morgan commented,suggesting the Absa partnership is part of a wider strategy. He pointed to continued interest in Ripples tools among banks seeking faster settlements and lower costs in cross-border transactions. The deal gives Ripple another platform to test payment speed, regulatory compliance, and currency movement at scale.

This collaboration between Ripple and a pan-African Bank is not only about custody but seems to be connected to broader demand for Ripples payment solutions in Africa. As always, with these announcements there is more you want to know about behind the announcement.

— bill morgan (@Belisarius2020) October 15, 2025

Africa Grows in Focus for Blockchain Settlements

Ripple has made several moves across African markets in recent months. Its work with Chipper Cash earlier this year included integrating Ripples tech into local payment flows. The firm also introduced RLUSD to reduce friction in high-fee corridors.

Ripple has cited research showing that speed is one of the top reasons financial leaders in the region are exploring blockchain-based currencies. The new partnership with Absa follows earlier collaborations with institutions like Onafriq, Tranglo, Santander, and SBI.

Key Levels May Guide Next Price Move

XRPs performance in the coming sessions may depend on whether bulls can reclaim the $2.40–$2.50 zone. Market strategist Lark Davis said a close above $2.80 could shift trend direction.

He added,

“Failure to clear these zones might invite renewed selling pressure.”

The overall crypto market remains cautious, with sentiment still leaning risk-off. For XRP, holding $2.30 keeps the price in a constructive position. Traders are also tracking exchange reserve data and ETF activity for signs of renewed buying pressure.

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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