XRP News: Potential Price Surge Anticipated Amid Positive Developments

Good News for XRP? Key Indicator Hits All-Time High

The increased number of XRP addresses and certain pattern breakouts suggest a renewed pump for XRP. The potential resolution of the Ripple v. SEC case and the launch of a spot XRP ETF could also drive significant price action. Initially benefiting from Donald Trump’s win in the US presidential elections, XRP’s price skyrocketed from $0.50 to almost $3.40 in mid-January. Currently, it trades at roughly $2.32, a 31% decline from the local top.

200 Million XRP On The Move—Is Ripple Preparing For A Big Play?

Ripple’s XRP has seen impressive price performance, particularly after US President Donald Trump’s reelection. Trading below $1 for most of 2024, XRP broke the $1 level on November 6th, the $2 barrier by December 2nd, and surged past $3.30 on January 18th. Recently, Ripple moved 200 million XRPs valued at around $457 million, leading to speculations about its intentions. The latest XRP transfer caught the attention of Whale Alert (@whale_alert) and was promptly recirculated on popular platforms.

Will Ripple (XRP) Reach $200 Billion Valuation if SEC Approves Altcoin ETFs?

XRP price rebounded above $2.42 on Friday, marking a 28% recovery from the weekly timeframe low of $1.90. The rally was fueled by the U.S. Securities and Exchange Commission’s (SEC) confirmation of XRP ETF filings. Analysts predict an XRP ETF could attract $5 billion in inflows, mirroring Bitcoin’s ETF impact and potentially pushing XRP’s price higher. For XRP to reach a $200 billion valuation, it must break the $2.99 resistance level and reach $3.40. Additionally, there are reports that the SEC may classify XRP as a commodity in ongoing settlements.

Outrageous Ripple Price Prediction: Can XRP Skyrocket to $15?

Ripple’s cross-border token XRP recently broke out of a years-long technical pattern suggesting another rally. Popular crypto analyst Ali Martinez has predicted an outlandish price of $15 for XRP, which would require a significant surge. Despite struggles after the 2017/2018 cycle, the XRP community remains bullish. The token saw a jump from under $0.6 to its 2018 ATH of $3.4 after the US presidential elections but couldn’t sustain the momentum. The subsequent market-wide crash pushed it down hard.