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XRP Price Prediction: Will XRP Hit $3?

XRP Price Prediction: Will XRP Hit $3?

Author:
XRP News
Published:
2025-06-01 00:02:25
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[TRADE_PLUGIN]XRPUSDT,XRPUSDT[/TRADE_PLUGIN]

XRP Price Prediction

XRP Technical Analysis: Key Indicators to Watch

According to BTCC financial analyst John, XRP is currently trading at $2.1709, below its 20-day moving average (MA) of $2.3606, suggesting a short-term bearish trend. The MACD indicator shows a bullish crossover with a value of 0.0822 above the signal line (0.0160), indicating potential upward momentum. Bollinger Bands reveal that XRP is trading NEAR the lower band ($2.1385), which could act as a support level. If the price holds above this level, a rebound toward the middle band ($2.3606) or upper band ($2.5827) is possible.

XRPUSDT

XRP Market Sentiment: Bullish Signals Amid Consolidation

BTCC financial analyst John notes that despite market uncertainty, XRP is showing bullish patterns, with analysts predicting targets as high as $5.85 and even $15,000 in the long term. News of Ripple’s expansion in Asia, a potential XRP tracker fund by HashKey, and adoption growth in Latin America are fueling positive sentiment. However, veteran analyst Peter Brandt warns of a possible major correction, adding a note of caution to the otherwise optimistic outlook.

Factors Influencing XRP’s Price

XRP Price Forms Bullish Pattern Amidst Market Uncertainty

XRP traders are cautious as $11M inflows may not be sufficient to propel the altcoin’s price. Despite bullish patterns and millions of dollars in XRP acquisitions, other key on-chain metrics delayed the market rally. Over the last 24 hours, XRP’s price dropped by 0.74%, but the crypto appeared to be on a path to recovery with potential for significant gains. However, the larger market sentiment remained bearish. At press time, XRP’s price was forming an inverted head and shoulders pattern, typically preceding a major rally.

Wall Street Insider: XRP Is Vastly Undervalued, $15K Ahead?

Wall Street insider Jake Claver has suggested that XRP is vastly undervalued and has extraordinary growth potential in the near future. This bold statement comes as there is growing institutional adoption and regulatory clarity for Ripple’s digital asset. Claver believes that XRP is positioned to become the foundation of international finance.

XRP Consolidation Nearing Bottom, Analyst Predicts $5.85

XRP is still consolidating after hitting a seven-year high in January 2025, with a 40% price drop. The altcoin has found support at $2, leading to expectations that the bottom is near. Crypto analyst Dark Defender believes the consolidation is ending, calling it the ’Final Consolidation’ on the monthly chart.

HashKey Unveils XRP Tracker Fund Backed by Ripple—Is an ETF Around the Corner?

HashKey Capital, a digital asset management firm based in Hong Kong, has announced the launch of Asia’s first investment vehicle specifically designed to mirror XRP’s market performance. Called the HashKey XRP Tracker Fund, it marks a strategic step toward increasing institutional exposure to the third largest crypto asset by market cap in Asia. Ripple will act as the anchor investor in the Tracker Fund, reinforcing the partnership between the blockchain firm and HashKey. The firm also stated that there are plans to evolve the fund into an exchange-traded fund (ETF) in the future.

XRP Price Analysis: Can Bulls Push Past $2.15 Resistance This Week?

Ripple’s XRP is making waves again this week. During mid-week trading, the altcoin rose nearly 1% on the day and over 2% across the past week, climbing to $2.09. While the broader crypto market is gaining traction, with a 1% uptick pushing the global market cap to $2.69 trillion, XRP is once again outperforming thanks to renewed legal clarity and a surge in institutional buzz. Much of this renewed confidence comes from Ripple’s long-awaited settlement with the SEC. After a four-year legal tug-of-war, Ripple agreed to a $50 million penalty, significantly down from the originally proposed $125 million. That move lifted a massive cloud that had been hanging over Ripple for years.

Hidden Road Secures FINRA License, Ripple Acquisition Awaits Approval

Hidden Road Partners CIV US LLC has obtained a broker-dealer registration from FINRA, enabling it to expand its fixed-income prime brokerage services. The firm is set to be acquired by Ripple for $1.25 billion, pending regulatory approval. Post-trade systems are expected to migrate to XRPL for faster and cost-efficient settlements.

Ripple Takes Asia By Storm With New XRP Product

Ripple is breaking into the Asia market with a new XRP product in partnership with HashKey Capital. The asset manager is launching Asia’s first XRP Tracker Fund, with Ripple as an early investor. This move represents a significant step in expanding institutional access to XRP. HashKey Capital chose XRP because it is at the forefront of cross-border payments, thanks to Ripple’s payment services, enabling faster, cheaper, and more efficient transactions than traditional systems like SWIFT.

Brad Garlinghouse Dismisses Chances of Ripple IPO in 2025

Brad Garlinghouse, the CEO of Ripple, has dismissed the chances of the company going public in 2025. In a video shared by crypto investor Xaif, Garlinghouse mentioned that Ripple doesn’t need to raise capital and has never needed outside funding. He emphasized that companies typically go public to raise capital, but it has never been a necessity for Ripple. This statement reflects the growing acceptance of Ripple as a financial entity within the crypto industry, separate from the need for raising capital using public markets. The post by Xaif also highlights Ripple’s self-sustaining nature and focus on building rather than seeking funding.

XRP Price Stability Tested; Yeti Ouro’s P2E Model Garners Attention

XRP, traditionally more stable than most meme coins, is currently being tested by legal and market uncertainty, trading in a narrow $2 – $2.10 range. Meanwhile, Yeti Ouro’s presale has garnered over $3.3 million in investments in just a few weeks, indicating investor interest in blockchain projects with real-world use cases, particularly in the GameFi sector. Despite suggestions for XRP to be added to a U.S. strategic crypto reserve, SEC nagging and Ripple’s court battle continue to affect its price.

Veteran Analyst Peter Brandt Warns of Major Correction for XRP

On April 18, veteran analyst Peter Brandt shared his updated analysis on XRP, projecting two possible scenarios for the token’s market capitalization by year’s end. The first scenario places XRP’s market cap around $116.67 billion, while the second offers a more bearish outlook of just above $60 billion. Both figures imply a decline from XRP’s current valuation of roughly $2.09 per token at a market capitalization of $121 billion. Brandt’s analysis is based on a technical pattern he previously identified on XRP’s price chart, resembling a classic head-and-shoulders setup that often signals a trend reversal.

XRP Adoption Surges Across LATAM

XRP adoption has surged across Latin America as investors shift away from other altcoins. According to Bitso, a top crypto-focused financial service firm in the region, the percentage of XRP in the average crypto investor portfolio increased from 0% in 2023 to 12% in 2024. This was more than Ether (ETH) at 5% and Solana (SOL) at 4% within the same period, showing that XRP is the most popular altcoin among crypto investors in the region. The massive surge in interest is likely due to the rapid gains that XRP experienced from late 2023. Bitso based its report on the purchasing and holding behavior of individuals who used its platform in 2024 compared to 2023.

Will XRP Price Hit $3?

Based on technical and sentiment analysis, XRP has the potential to reach $3 if it breaks through key resistance levels. Below is a summary of critical data:

IndicatorValue
Current Price$2.1709
20-Day MA$2.3606
MACDBullish (0.0822)
Bollinger BandsLower: $2.1385, Upper: $2.5827

BTCC analyst John suggests that if XRP sustains above $2.15 and gains momentum from positive news, a push toward $3 is plausible in the near term.

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