XRP Price Prediction: Technical Squeeze Meets Regulatory Crosswinds in Pivotal June Showdown
XRP Technical Analysis: Short-Term Bearish Pressure Amid Long-Term Potential
XRP is currently trading at 2.21000000 USDT, below its 20-day moving average of 2.3062, indicating short-term bearish pressure. The MACD shows a positive histogram (0.0465), suggesting some bullish momentum remains. However, price action NEAR the lower Bollinger Band (2.1330) signals potential oversold conditions. BTCC analyst James notes: ’While the 20-day MA resistance is concerning, the MACD divergence and Bollinger squeeze could precede a reversal if fundamentals improve.’
Mixed Sentiment for XRP as Regulatory Delays Clash with Institutional Adoption
Market sentiment for XRP remains bifurcated, according to BTCC’s James. On one hand, Brazil’s first spot XRP fund and Ripple’s proposed $5B Circle acquisition demonstrate growing institutional adoption. Conversely, SEC delays on ETF approvals and lingering regulatory uncertainty create headwinds. ’The 85% ETF approval odds following SEC leadership changes suggest markets are pricing in eventual resolution,’ James observes, ’but Trump’s potential 2025 tax plan may be the real catalyst for sustained momentum.’
Brazil Launches First Spot XRP Investment Fund on B3 Exchange
Brazil has taken a pioneering step in cryptocurrency asset management with the launch of the first spot XRP investment fund on the B3 exchange. Managed by Hashdex, the fund tracks the Nasdaq XRP Reference Price Index and debuted with net assets valued at approximately $40 million.
The Hashdex Nasdaq XRP Fundo de Índice (XRPH11) mandates at least 95% investment in XRP and similar products, with an annual management fee capped at 0.7%. Approved by the Brazilian Securities and Exchange Commission two months prior, this fund marks a significant milestone in institutional crypto adoption.
This development positions Brazil at the forefront of regulated crypto investment vehicles, potentially setting a precedent for other jurisdictions. Market observers are watching closely as global regulators grapple with approving similar products.
Ripple News: SEC’s Paul Atkins Could Still Object ProShares’ XRP ETF Filing
Confusion spread this week as rumors suggested ProShares would launch an XRP ETF on April 30, with some falsely claiming SEC approval. ProShares clarified no such launch is scheduled, attributing the misunderstanding to a misinterpretation of regulatory filings.
The "effective date" in SEC filings marks regulatory clearance, not a guaranteed launch. Market participants should note that ETF approvals remain subject to further scrutiny, including potential objections from SEC officials like Paul Atkins.
SEC Delays XRP ETF Approval, Amplifying Investor Uncertainty
The U.S. Securities and Exchange Commission has postponed its decision on XRP-based exchange-traded funds, extending regulatory ambiguity for digital assets. This delay underscores the agency’s measured approach to cryptocurrency oversight, with a final ruling now expected by June.
Market analysts observe that while ETF approvals could theoretically boost crypto visibility, they may not necessarily translate to heightened investor demand. The divergence in institutional interest between marquee assets like Bitcoin and Ethereum versus alternative coins remains pronounced, potentially limiting capital flows into the XRP ecosystem.
XRP Defies SEC’s ETF Delay with Resilient Price Action and Payment Innovation
XRP demonstrates unexpected resilience as the SEC postpones its decision on a spot ETF application, maintaining key support levels despite regulatory uncertainty. The cryptocurrency held above $2.00 after a brief dip to $2.30, confirming this threshold as both technical and psychological support.
Ripple’s CEO has simultaneously unveiled a novel payment system architecture that could expand XRP’s utility beyond speculative trading. This dual narrative of regulatory challenges and fundamental progress reflects the cryptocurrency sector’s capacity to advance despite institutional hesitancy.
Trump’s 2025 Tax Plan Could Trigger XRP Rally, Analyst Suggests
A provocative theory circulating in crypto circles posits that former President Donald Trump’s proposed 2025 tax cuts might ignite the next digital asset boom. The hypothesis centers on potential elimination of federal income tax for 90% of U.S. workers—those earning under $200,000 annually.
This policy shift could unleash billions in disposable income, with crypto markets positioned as a likely beneficiary. XRP specifially is highlighted as a potential winner, with some analysts projecting a 1000% price surge under this scenario. The argument hinges on Americans redirecting tax savings toward alternative investments like digital assets.
While only 28% of Americans currently own cryptocurrency, the thesis suggests tax reforms could dramatically expand retail participation. The analysis notably focuses on XRP’s potential rather than broader crypto market effects, reflecting ongoing speculation about the asset’s regulatory position and adoption trajectory.
XRP ETF Approval Odds Surge to 85% Following SEC Leadership Shift
Ripple’s XRP has regained market attention as Bloomberg analysts now estimate an 85% probability of U.S. spot ETF approval. The dramatic shift in sentiment follows Paul Atkins’ appointment as SEC Chair, replacing the crypto-skeptic Gary Gensler.
Eric Balchunas, Bloomberg’s senior ETF analyst, noted on social media platform X that regulatory progress was unlikely under previous leadership. Atkins’ reputation as a digital asset proponent has sparked optimism across the cryptocurrency sector, with expectations mounting for imminent altcoin ETF approvals.
XRP’s Market Slump Defies Bullish Fundamentals as Analysts Cite Strategic Shakeout
XRP has plunged 30% over three months to $2.20 despite what community analysts call the ’most bullish fundamentals in history.’ The token’s 2025 rally stalled after briefly reclaiming seven-year highs, with today’s 2.5% drop extending the bearish trend.
Crypto commentator Brett frames the downturn as a deliberate market maneuver to eliminate weak retail positions before XRP’s intrinsic value emerges. ’Price is not the truth, just the distraction,’ he asserts, suggesting current valuations poorly reflect the asset’s underlying progress.
Analyst Foresees XRP Breakout Potential in May Amid Bullish Technical Signals
Crypto analyst Jason points to emerging bullish patterns for XRP as April concludes. The two-week chart reveals sustained positive divergence in both RSI and Stochastic RSI indicators, suggesting accumulating momentum despite the asset’s prolonged consolidation.
Technical observations override the loss of weekly hidden bullish divergence, with the SRSI’s potential crossover above 20 serving as a critical watchpoint. Market participants await confirmation of this signal over coming weeks to validate the projected upside.
Ripple Proposes $5 Billion Acquisition of Circle to Expand Stablecoin Footprint
Ripple has made a bold $4-5 billion bid to acquire Circle, the issuer of USDC stablecoin, as part of its strategic expansion into stablecoins. The offer, deemed insufficient by Circle’s management, comes as Ripple prepares to launch its own stablecoin RLUSD later this year.
Circle appears focused on its IPO plans rather than acquisition talks, creating tension between the two fintech firms’ divergent strategies. The potential merger would have significantly reshaped the stablecoin landscape, combining Ripple’s cross-border payment network with Circle’s regulatory-compliant dollar-pegged assets.
