XRP Price Prediction: Schwab Opens Wall Street Repo Market to ETFs

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Ahmed Barakat

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Mar 2024

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Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.

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XRP price is trading lower, caught between a bullish institutional prediction and a chart that refuses to commit either way. A Schwab money fund filing just listed four XRP ETFs as eligible repo collateral. That detail matters more than the latest daily candle, and there’s a wrinkle here that most traders are glossing over.

The filing reportedly names Grayscale, Canary, Franklin, and Bitwise XRP ETF line items, with their combined collateral value running into the millions against billions in repo exposure at the fund level. One report framed this as validation of XRP’s institutional plumbing.

Repo markets sit at the heart of Wall Street liquidity, making eligibility as collateral a different kind of institutional acceptance than simple ETF inflows.

Layer in the recent XRPL ledger upgrade and the upcoming CLARITY Act vote, and the setup looks like a token with several catalysts stacked together. The question now is whether price action can absorb those developments, or whether traders have already priced in too much of the good news.

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XRP Price Prediction: Can Ripple Hit $1.70 Next Week?

XRP’s intraday range has been volatile, swinging through the low-$1.30s to the mid-$1.40s. That tells you liquidity is thinner than the headlines suggest. The $1.30–$1.40 zone is the demand area technicians are watching, with stronger support around the low-$1.30s. Resistance sits around $1.50–$1.55, followed by the $1.60–$1.70 region.

Bull case: a clean break above the mid-$1.50s opens a path toward the $1.65–$1.70 area, followed by $1.80–$1.90 and potentially the low-$2 range if the repo narrative and CLARITY vote both land favorably. Whale accumulation data suggests larger wallets aren’t fading the move yet.

Base case: continued chop inside the roughly $1.30–$1.55 range while traders wait for confirmation from recent network developments and the upcoming regulatory vote.

Bear case: a sustained loss of the mid-$1.30s risks a slide toward the $1.20–$1.25 area, weakening the near-term bullish structure. Supply-concentration data adds context on how much of the move is retail-driven versus whale-supported. Watching volume around the low-$1.30s remains the practical move here.

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LiquidChain Targets Early Mover Upside as XRP Tests Key Levels

Here’s the uncomfortable math for anyone chasing XRP off this repo headline: at a market cap already in the tens of billions, even a full breakout to $2 is just less than 100% move from current levels. Solid, but not life-changing.

Capital rotating out of large-cap consolidation zones is increasingly looking toward earlier-stage infrastructure plays where the upside math works differently.

LiquidChain ($LIQUID) is positioning itself as the connective tissue between Bitcoin, Ethereum, and Solana liquidity. Liquid is a Layer 3 execution environment where developers deploy once and reach all three ecosystems rather than fragmenting builds across chains.

The presale is priced at $0.014954 with $965K raised so far. Core features include a Unified Liquidity Layer, Single-Step Execution, and Verifiable Settlement. An architecture aimed squarely at the cross-chain fragmentation problem that’s plagued DeFi since multi-chain became the default.

Research LiquidChain before the next raise milestone.

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