XRP Price Prediction: Can Bulls Break $3.40 Amid ETF Mania?

#XRP

• ETF Catalysts: ProShares and 3iQ ETF launches are amplifying institutional demand.
• Technical Breakout: A close above $3.00 may confirm bullish momentum.
• Regulatory Clarity: SEC case resolution could remove a key overhang.

XRP Price Prediction

XRP Technical Analysis: Bullish Signals Emerge Amid Key Levels

XRP is currently trading at $2.8666, above its 20-day moving average (MA) of $2.3956, indicating a bullish trend. The MACD histogram shows a narrowing bearish momentum (-0.1048), suggesting potential upward movement. Bollinger Bands reveal the price NEAR the upper band ($2.9317), signaling overbought conditions but also strong buying interest. Analyst Michael from BTCC notes that a sustained break above $3.00 could trigger further gains.

XRP Market Sentiment: ETF Hype and Whale Activity Fuel Optimism

ProShares' upcoming XRP ETF launch and record whale activity are driving bullish sentiment. Despite an 8% pullback from the $3 resistance, institutional demand remains strong, with 3iQ's XRP ETF surpassing $50M AUM. Analyst Michael highlights that Ripple's SEC case resolution and Elon Musk's AI-driven $400 price prediction are adding speculative fervor. However, he cautions that short-term volatility may persist.

Factors Influencing XRP’s Price

XRP Retreats 8% Amid Resistance at $3 Ahead of ProShares ETF Launch

XRP faced significant selling pressure, dropping 8% from $3.02 to $2.78 between July 14 and 15. The token tested resistance at $3.02 during morning trading with peak volume hitting 216.12 million, but systematic profit-taking reversed gains. A late-session recovery to $2.87 (+2%) on 112.75 million volume suggested institutional re-entry at support levels.

The drawdown reflects institutional de-risking ahead of the July 18 launch of the ProShares XRP Futures ETF. Regulatory uncertainty surrounding the SEC's digital asset framework continues to weigh on risk models, forcing treasuries to balance early exposure with compliance concerns. Pension and endowment portfolios are particularly active in this new capital allocation vector.

Price action showed clear rejection at $3.02 with bearish structure emerging through lower highs. The $2.95–$2.90 support zone failed overnight before institutional buyers stepped in during the final hour of trading.

ProShares Ultra XRP ETF Approved for NYSE Arca Listing

ProShares has secured approval to list its Ultra XRP ETF on NYSE Arca, with trading expected to commence by the end of this week. The fund, trading under the ticker UXRP, was certified by NYSE Arca in a July 14 filing with the SEC. It previously appeared on the Depository Trust & Clearing Corporation's eligibility list earlier this month.

The leveraged futures-based product aims to deliver 2x the daily return of an XRP index, using derivatives like futures contracts and swap agreements rather than holding XRP directly. This structure allows investors to amplify daily price movements without owning the underlying asset.

ProShares had initially disclosed plans for two additional XRP-linked funds: a Short XRP ETF (XRPS) targeting -1x daily performance and an UltraShort XRP ETF (RIPS) seeking -2x exposure. These inverse products remain pending operational clearance and have yet to appear on the DTCC list.

Over $1.47 Billion in XRP Hits Exchanges Amid Price Rally

XRP's bullish momentum continues as the cryptocurrency surges nearly 27% in a week, breaching the critical $2.725 resistance level. The asset now teeters below $2.90, fueled by speculation around potential ETF approvals and institutional interest. Market participants eye the $3 threshold as the next psychological barrier.

On-chain analytics reveal 98% of XRP holders currently sit on unrealized profits—a scenario that historically precedes profit-taking. Exchange inflows exceeding $1.47 billion signal mounting sell pressure, potentially capping short-term gains. The $2.949 resistance emerges as a make-or-break level for the ongoing rally.

3iQ’s XRP ETF Surpasses $50M AUM in Under a Month, Fueling Institutional Demand

3iQ Digital Asset Management's XRP-focused ETF (XRPQ) has eclipsed $50 million in assets under management just 23 days after its June 18 launch, marking the fastest-growing crypto ETF in Canada. The fund's zero-fee introductory period and exclusive focus on XRP—the third-largest cryptocurrency excluding stablecoins—have drawn both retail and institutional capital.

CEO Pascal St-Jean attributes the rapid adoption to pent-up demand for regulated, cost-efficient crypto exposure. XRPQ sources its holdings exclusively from compliant platforms and OTC desks, differentiating itself from broader crypto baskets. This milestone signals growing confidence in XRP's regulatory clarity post-SEC settlement.

ProShares XRP Futures ETF Set to Launch on NYSE Arca, Bolstering Institutional Adoption

XRP gains a significant institutional foothold as ProShares prepares to launch its XRP Futures ETF on July 18, 2025. NYSE Arca's certification marks a watershed moment for the asset, placing it alongside Bitcoin and Ethereum in the ETF arena. The product eliminates direct crypto exposure while offering regulated access—a critical step for risk-averse capital.

Market dynamics show XRP testing key resistance between $2.80-$3. A decisive breakout could catalyze a rally toward all-time highs, mirroring the trajectory of crypto assets with established ETF products. The approval signals growing confidence in XRP's regulatory clarity after years of SEC litigation.

XRP Whale Activity Hits Record High as Price Nears $3.00

XRP surged 3.16% to $2.92 during Asian trading hours, buoyed by a bullish regression channel and strong technical indicators. The Relative Strength Index (RSI) at 83.07 and MACD divergence signal sustained upward momentum, with the cryptocurrency now testing the psychologically significant $3.00 threshold.

A record 2,743 whale wallets now hold at least 1 million XRP each, collectively controlling over 47.32 billion tokens according to Santiment data. This accumulation spike—the highest in XRP's history—comes as market confidence grows following Ripple's recent legal clarity in key jurisdictions.

The whale movement coincides with increased institutional interest, evidenced by Paul Barron's tweeted analysis showing large holders consolidating positions. Such concentrated accumulation typically precedes major price movements, with the current technical setup suggesting potential continuation of the uptrend.

XRP Price Forecast: Elon Musk’s AI Predicts Surge to $400

XRP has re-emerged as a focal point of market speculation following a bold projection by Elon Musk's AI chatbot, Grok. The tool, developed by xAI and integrated with platforms like X (formerly Twitter), forecasts potential price targets ranging from $10 to $400, contingent on macroeconomic shifts and adoption in global financial systems.

Grok's analysis outlines three scenarios: a conservative estimate of $10–$15 by 2027, a moderate bullish case of $100–$200 with accelerated adoption, and an extreme bull case of $350–$400 if XRP becomes a dominant global settlement currency. The latter scenario hinges on disruption of traditional systems like SWIFT, coupled with hyperinflationary pressures and institutional adoption of Ripple's technology.

Market reactions have polarized the crypto community, with some dismissing the targets as speculative while others point to XRP's unique positioning in cross-border payments. The forecast coincides with growing institutional interest in blockchain-based settlement solutions.

XRP ETF Momentum Builds as Price Nears $3 Ahead of Key July Launches

XRP's resurgence continues as institutional interest coalesces around three potential ETF launches in July. The token surged 5% to $2.91 amid growing speculation about regulated derivative products bringing fresh capital into the ecosystem.

ProShares prepares to make history on July 14 with the first-ever XRP futures ETFs - including leveraged and inverse products - pending final SEC approval. "This represents a watershed moment for altcoin institutionalization," noted a market strategist.

The product pipeline accelerates on July 21 with Tuttle Capital and Volatility Shares entering the fray with 2X leveraged offerings. Market makers anticipate these launches could increase XRP's daily trading volume by 40-60% based on comparable crypto ETF debuts.

Ripple Aims for $30 Trillion Market Share in Global Payments

Ripple Labs is setting ambitious new targets for XRP's role in global finance. Updated projections suggest the cryptocurrency could capture 20% of SWIFT's $150 trillion annual cross-border payment volume—up from an earlier estimate of 14%. This would translate to $30 trillion flowing through the XRP Ledger annually, potentially reshaping international money movement.

CEO Brad Garlinghouse's 2025 forecast of 14% market penetration now appears conservative as institutional adoption grows. Crypto analyst Paul Barron notes Ripple's expanding partnerships and regulatory clarity are driving revised estimates. Even the original $21 trillion projection would position XRP among the most utilized digital assets in traditional finance.

XRP Eyes $5 as Ripple Nears SEC Case Resolution

XRP's recent price surge has investors speculating about a potential climb to $5. The cryptocurrency, currently trading between $2.40 and $3.12, has gained nearly 40% over the past month. A break above the $3.41 resistance level could pave the way for a 30% rally toward $4.14.

Technical indicators support the bullish case. The RSI at 65.05 suggests room for further upside, while moving averages and MACD levels confirm positive momentum. Market sentiment appears increasingly optimistic as Ripple's legal battle with the SEC nears resolution.

Outset PR's data-driven analysis highlights how regulatory clarity could catalyze XRP's next major move. The firm specializes in amplifying narratives for Web3 projects, combining strategic communication with market intelligence.

XRP Price Prediction: Bulls Target $3.40 as SEC Vote Nears

XRP's upward trajectory continues as investors grow optimistic about a potential resolution to Ripple's legal battle with the SEC. The token closed at $2.8353 on July 13, marking a six-day winning streak and outperforming the broader crypto market. Recent highs near $2.9727 and the 2025 peak of $3.3999 have bulls eyeing the $3.40 threshold.

Ripple's decision to drop its cross-appeal in the SEC lawsuit has fueled speculation that the Commission may follow suit during its July 17 closed-door meeting. A withdrawal by the SEC would remove a major regulatory overhang, potentially triggering a bullish breakout for XRP.

How High Will XRP Price Go?

XRP's price could rally toward $3.40 if it breaks the $3 resistance, supported by technicals and ETF inflows. Key data: