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🚀 Ripple Rockets: XRP ETF Approval by SEC Sparks Bullish Price Surge Predictions

🚀 Ripple Rockets: XRP ETF Approval by SEC Sparks Bullish Price Surge Predictions

Author:
Coingape
Published:
2025-07-02 02:42:19
14
1

The crypto world just got its first taste of Wall Street validation—the SEC greenlit an XRP ETF, sending shockwaves through the market.


The ETF Effect: More Than Just Hype?

Forget 'when moon'—traders are now asking 'how high' as institutional money gears up to flood into Ripple's ecosystem. The last time regulators blinked this hard, Bitcoin hit six figures.


Liquidity Tsunami Incoming

Market makers are already repositioning, with OTC desks reporting 300% spikes in XRP derivative demand. Funny how a single regulatory nod turns 'toxic altcoin' into a 'compliant asset' overnight.


The Cynic's Corner

Let’s be real—this is the same SEC that called XRP a security in 2020. Nothing boosts adoption like bureaucratic whiplash.

Bottom line? The dam just broke. Whether this pumps prices or just bankers’ bonuses remains to be seen.

XRP ETF News

Big news for the crypto world. The U.S. Securities and Exchange Commission (SEC) has officially approved a new ETF (Exchange-Traded Fund) by Grayscale that includes some of the biggest cryptocurrencies: Bitcoin, Ethereum, Solana, Cardano, and XRP.

This new product is set to become the largest multi-token digital asset ETF in the world. This is a major step forward and could soon open doors for individual spot ETFs for XRP, Solana, and Cardano. Spot ETFs directly track the real-time price of a cryptocurrency, and their approval is considered a huge deal for any coin.

Since the ETF approval news, XRP’s price has shown some action. On the charts, XRP recently broke above a key resistance level between $2.19 to $2.20, but is now trying to hold above this range to confirm new support.

If XRP can stay above this level, it may aim for the next resistance at $2.25, with a possible wick towards $2.32 to $2.35, an area where strong resistance is expected. If it fails to hold above $2.19, however, the price might drop back to around $2.10 to $2.05. At the moment, XRP’s price trend looks neutral, moving sideways without strong momentum. 

What The Experts Are Saying?

Analyst Casi Trades said, “After reaching $2.30 resistance, price wasn’t able to hold the $2.25 support level. Instead, it’s now pulling back to retest the top of the consolidation, ~$2.18 to $2.16. This isn’t a breakdown (yet), but this test matters.”

If the price manages to stay above this zone and reclaim $2.25, it could spark a rally toward $2.69 and higher. Early signs of seller weakness are already showing on smaller timeframes, showing this pullback might be temporary. However, if $2.16 breaks, the price risks dropping to the next support around $1.90.

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