XRP Eyes $10 Long-Term as Bulls Push for $2.40 Breakout Amid ETF Hype

XRP’s price action is capturing significant attention as it nears a pivotal $2.40 resistance level, with analysts projecting a potential surge to $10 by 2025. This bullish momentum aligns with ProShares’ planned launch of an XRP futures ETF in April 2025, marking a key milestone for institutional adoption. Technical indicators further support the optimistic outlook, with the 20-day EMA acting as a critical support level. Below is a detailed analysis of XRP’s current trajectory and future potential.

XRP Price Prediction: Bulls Target $2.40 Breakout Amid ETF Momentum

XRP’s price action is drawing intense speculation as it approaches a critical $2.40 resistance level, with some analysts projecting a long-term target of $10 by 2025. The rally coincides with ProShares’ planned launch of an XRP futures ETF in April 2025—a development interpreted as a milestone for institutional adoption.

Technical indicators reinforce the bullish narrative. The 20-day EMA currently provides support at $2.15, while expanding Bollinger Bands suggest increasing volatility. Traders note the cryptocurrency’s 6.72% surge to $2.32 within 24 hours, testing a daily high of $2.34.

Market participants are monitoring whether the ETF announcement marks a turning point for XRP, which has faced regulatory headwinds. The product’s approval could signal broader acceptance of XRP-based financial instruments.

XRP’s Key Resistance: Can It Break $2.5 to Start a Bullish Reversal?

XRP faces a critical juncture at the $2.5 resistance level, with analysts eyeing a potential bullish reversal if the token can sustain a daily close above this threshold. A breakout could pave the way for targets at $2.95, $3.39, and $3.87, marking a definitive shift from its current descending channel.

Technical indicators suggest growing bullish momentum, contingent on XRP holding above $2.5. ROSE Premium Signals highlights this level as the linchpin for near-term direction, with a successful breach likely invalidating the prevailing downward trend.

UAE Launches First Fully Regulated Stablecoin, AE, Amid Global Crypto Adoption Push

The UAE has positioned itself at the forefront of digital asset innovation with the launch of AE, its first fully regulated stablecoin. Approved by local authorities in December 2024, the move signals growing institutional confidence in blockchain-based financial solutions. "Utility will drive stablecoin adoption," said Ripple’s Reece Merrick, emphasizing that clear regulation remains the cornerstone of mass adoption.

Market observers note the AE stablecoin rollout aligns with a broader regional trend of crypto-friendly policies. Jurisdictions providing regulatory clarity are increasingly attracting institutional capital and fostering real-world blockchain applications. The UAE’s progressive stance mirrors global momentum toward stablecoins as bridges between traditional finance and decentralized ecosystems.

Ripple’s XRP To See Billions In Inflows From Wall Street Following Heightened XRP ETF Green Light

ProShares is set to launch three futures-based XRP ETFs on April 30, marking a significant milestone for institutional adoption of XRP. The Securities and Exchange Commission (SEC) granted silent approval, allowing the ETFs to proceed without formal objection. Unlike spot ETFs, which require direct crypto holdings, these futures-based products track XRP’s price without physical backing, offering a regulatory workaround.

The suite includes the Ultra XRP ETF (2x leverage), the Short XRP ETF, and the Ultra Short XRP ETF (-2x leverage). These instruments provide traders with Leveraged exposure and short-selling capabilities—a first for XRP in the ETF space. Market participants interpret the SEC’s non-objection as a tacit endorsement, potentially paving the way for broader crypto ETF approvals.