Debate is growing in the community over the possibility of an XRP price rise. It follows a claim by a community figure that XRP could climb sharply if several events occur at the same time over the next few weeks.
On March 7, blockchain outlet The Crypto Basic reported that XRP was recently trading at about $1.35. A community figure, The Real Remi Relief, said multiple catalyst factors could combine over the next 1 to 5 weeks. He forecast these events could expand market liquidity and increase trading activity, lifting XRP's price.
The first variable is the launch of X Money, the payment system of X, formerly Twitter, led by Elon Musk. Remi expected a public beta could appear within 1 to 2 weeks. The platform is currently believed to be undergoing internal testing.
Musk has mentioned that X Money could integrate cryptocurrencies in the future. Still, there is talk that the initial payment infrastructure is likely to operate around stablecoins. Even so, some market observers do not fully rule out the possibility that XRP could be included as a payment function.
Remi also said macroeconomic factors could affect XRP's price. He said that if oil prices rise due to Middle East tensions, Japan could raise interest rates to defend the yen, which could trigger a reverse carry trade (RCT). He analysed that if the flow of investors borrowing yen to invest in other assets expands, funds could also flow into the cryptocurrency market.
Another variable is cooperation between Ripple and global financial institutions. Remi mentioned the possibility that cooperation involving BlackRock and Bank of America could emerge within the next few weeks.
Ripple previously worked with Securitize to help investors in BlackRock's tokenised fund, the BUIDL fund, exchange assets through the RLUSD stablecoin. Bank of America has also previously reviewed Ripple's ODL payment solution. Whether any new partnership will actually be announced has not been confirmed.
Moves on U.S. cryptocurrency regulation are also cited as a major variable. Remi mentioned the possibility that the Clarity Act, a digital asset regulation bill, could show progress within the next 3 to 5 weeks. That aligns with Ripple CEO Brad Garlinghouse's forecast that "major regulatory progress could appear by April".
The last variable is the Easter season in April. Remi analysed that market liquidity and trading activity could rise during the Easter period in early April, which could increase price volatility across the broader cryptocurrency market.
He said that if these catalysts act at the same time, funds could flow into the XRP ecosystem, and stressed that "the next few weeks could be an important period for investors". Still, the market is also raising a cautious view, as such forecasts are only possible if all events actually occur.