BTCC / BTCC Square / XRP News /
XRP’s Path to Breakout: SEC Delays and Macro Pressures

XRP’s Path to Breakout: SEC Delays and Macro Pressures

Author:
XRP News
Published:
2025-05-02 16:57:38
21
3
[TRADE_PLUGIN]XRPUSDT,XRPUSDT[/TRADE_PLUGIN]

Ripple’s XRP continues to face macroeconomic and regulatory headwinds as the SEC postpones its decision on Franklin Templeton’s spot ETF application. Analysts suggest further delays could extend into late 2025, keeping XRP’s price action subdued despite its technical potential for a breakout.

Ripple’s XRP Faces Macro Pressures as SEC Delays ETF Decision

XRP’s price action remains subdued amid broader market uncertainty, with the SEC postponing its decision on Franklin Templeton’s spot ETF application until June 17. Bloomberg analyst James Seyffart suggests further delays are likely, with final rulings on crypto ETPs potentially extending into Q4 2025.

The token’s stagnation contrasts with its technical potential—some analysts argue a macro channel breakout could propel XRP toward $17. Market participants now weigh regulatory hurdles against long-term bullish chart structures.

Top Analyst Warns of Potential 30% Drop in XRP Price Amid Bearish Chart Setup

XRP’s current stability above $2.23 masks growing downside risks as analysts identify a concerning bull flag rejection pattern. Market watchers note the cryptocurrency could plunge to $1.55 if it fails to maintain critical support at $2.2562.

The bearish technical formation suggests a potential 30% correction from current levels. While XRP has demonstrated relative resilience in volatile market conditions, the emerging chart pattern raises red flags for short-term traders.

Analyst BLOCK BULL highlights the precarious position, noting the rejection pattern NEAR the bull flag formation. This development comes despite XRP’s recent ability to hold resistance levels in the face of broader market fluctuations.

BlackRock’s $9.2 Trillion XRP Bet and Institutional Adoption Surge

BlackRock, the world’s largest asset manager, is reportedly preparing to allocate $9.2 trillion into XRP by 2026. This unprecedented move could propel the token’s price to $397 by March’s end, according to market analysts. The XRP Ledger’s growing dominance in global crypto payments is attracting institutional capital at scale.

American Express has joined Wells Fargo in integrating XRP for transactional operations, signaling broad-based adoption among traditional financial institutions. Meanwhile, next-generation financial instruments like CryptoTradingFund are drawing parallel interest from institutional investors, reinforcing crypto’s maturation as an asset class.

Ripple Locks 700M XRP in Escrow as Part of Monthly Rebalancing

Ripple Labs executed its scheduled monthly rebalancing in May 2025, placing 700 million XRP into escrow. The move, valued at approximately $1.5 billion at current prices, reflects the company’s ongoing strategy to manage supply dynamics.

Despite the sizable transaction, XRP’s market price showed resilience, trading at $2.21 post-announcement with only marginal fluctuations. The escrow process occurred in segmented transfers totaling 1 billion XRP, including increments of 500 million, 30 million, and 170 million tokens.

Market observers noted the operation’s textbook execution—large-scale asset movements without disruptive price impacts. Whale Alert’s tracking confirmed 370 million XRP ($778 million) locked in escrow, underscoring the scale of Ripple’s systematic supply management.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users