XRP Price Prediction: Will XRP Hit $3 Amid Bullish Signals?

#XRP

• XRP is trading above its 20-day MA, indicating bullish momentum.
• MACD shows weakening bearish momentum, hinting at a potential reversal.
• Positive news and ETF approvals are driving market optimism.

XRP Price Prediction

XRP Technical Analysis: Key Indicators to Watch

According to BTCC financial analyst Michael, XRP is currently trading at 2.918 USDT, above its 20-day moving average of 2.3982, suggesting a bullish trend. The MACD indicator shows a bearish crossover but with diminishing momentum, while the Bollinger Bands indicate potential resistance NEAR 2.9437. Michael notes that a break above the upper Bollinger Band could signal further upside.

Market Sentiment and News Impact on XRP

BTCC financial analyst Michael highlights that positive news, such as Ripple's EU expansion plans and the approval of XRP ETFs, is fueling bullish sentiment. However, increased whale activity and open interest suggest volatility ahead. Michael emphasizes that while the news is supportive, technical levels must be respected for sustained price movement.

Factors Influencing XRP's Price

Ripple (XRP) Price Speculation Intensifies as Analysts Eye $5-$20 Targets

Ripple's XRP is gaining momentum in the cryptocurrency market, with analysts projecting significant price appreciation. Egrag Crypto highlights Fibonacci targets of $6.5, $20, and $35, emphasizing a breakout above the 1.414 Fib Circle resistance. Dark Defender similarly forecasts $5-$18 thresholds if key resistance levels are breached.

The anticipation of an XRP ETF approval adds fuel to bullish sentiment. A $1,000 investment today could yield exponential returns if prices reach $5 or $10—a scenario increasingly discussed in trading circles. Market participants are closely monitoring institutional adoption and regulatory developments.

Ripple Seeks EU Expansion for RLUSD Stablecoin via Luxembourg License

Ripple has filed for a regulatory license in Luxembourg to bring its dollar-pegged RLUSD stablecoin to European markets. Approval would grant pan-EU operating rights under the bloc's unified crypto framework.

The payment-focused blockchain firm joins a growing list of crypto enterprises targeting Luxembourg's established digital asset infrastructure. The MOVE signals Ripple's strategic pivot toward institutional stablecoin adoption despite ongoing SEC litigation in the US.

Crypto-Backed Super PAC Fairshake Amasses $140M War Chest for Midterm Elections

Fairshake, a cryptocurrency-funded super PAC, enters the midterm elections with over $140 million to support pro-digital asset lawmakers. The group's spending power could sway critical votes on industry-friendly legislation this week.

Coinbase, Ripple, and Andreessen Horowitz lead a coalition of major crypto donors fueling the PAC's campaign efforts. In 2024, Fairshake's network spent $135 million electing crypto allies and unseating opponents like former Senate Banking Chair Sherrod Brown.

The PAC's influence already reshaped Congress, with $40 million helping crypto supporter Bernie Moreno win Brown's Ohio seat. Similar investments boosted digital asset advocates in competitive House and Senate races nationwide.

Ripple’s XRP in the Spotlight — What’s Going On?

XRP has surged to a four-month high, nearing its all-time peak as market Optimism grows. The token broke free from a weeks-long consolidation between $2.2 and $2.3, rallying past $3 amid favorable regulatory developments and bullish sentiment.

Analysts highlight XRP's decoupling from Bitcoin's price action as a sign of strengthening independent momentum. Santiment data confirms heightened social media activity among the 'XRP Army,' correlating with the asset's upward trajectory.

While the token has since retraced from its recent peak, the breach of key resistance levels suggests potential for further appreciation. Market watchers now debate whether XRP can surpass its historic $3.40 benchmark set in 2018.

Former SEC Lawyer Clarifies Delay in Ripple vs. SEC Lawsuit

The protracted legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has entered its fifth year, with no definitive resolution in sight. Despite favorable developments for XRP supporters in recent months, the case remains unresolved, fueling speculation about the underlying delays.

Former SEC attorney Marc Fagel has stepped in to dispel misconceptions, clarifying that the holdup stems from procedural requirements rather than regulatory obstinacy. Judge Analisa Torres has mandated strict adherence to due process as both parties navigate motions to dismiss—a detail often overlooked in community debates.

XRP enthusiasts had speculated whether SEC's evolving stance on crypto could accelerate the case's conclusion. However, Fagel's intervention underscores the judiciary's role as the primary bottleneck, not the Commission itself. The clarification comes amid heated discussions about potential ripple effects on Ripple's pending banking license application.

SEC Approves ProShares XRP ETF—Launch Imminent

The US Securities and Exchange Commission has greenlit the ProShares Ultra XRP ETF, marking a pivotal moment for cryptocurrency investment vehicles. The Leveraged futures-based fund, set to trade under the ticker UXRP on NYSE Arca, aims to deliver double the daily performance of an XRP index without direct token ownership. Approval triggered a 25% surge in XRP's price as traders anticipate the ETF's launch by week's end.

ProShares' derivative-based approach—using futures contracts and swap agreements—caters to short-term speculative trading rather than long-term holdings. The DTCC eligibility listing confirms operational readiness, though the product page remains inactive for live trading. Two additional XRP-linked ETFs, including an inverse product (XRPS), are under regulatory review.

Canada’s 3IQ XRP ETF Surpasses $50M AUM Within Weeks of Launch

Canada's largest XRP-focused exchange-traded fund, managed by 3IQ, has crossed $50 million in assets under management less than a month after its June 18 debut. The fund, listed as XRPQ and XRPQ.U on the Toronto Stock Exchange, is among North America's first publicly traded vehicles offering direct exposure to XRP.

Bloomberg analysts now estimate a 95% probability of an XRP spot ETF approval in the US, reflecting growing institutional interest. The ETF's rapid accumulation of CAD 23 million ($16.7 million) within 72 hours of launch demonstrates strong market demand, further bolstered by Ripple's direct investment and a six-month 0% management fee promotion.

3IQ President Pascal St-Jean attributes this success to increasing investor sophistication, noting selective allocations toward assets with clear utility cases. Holdings are sourced exclusively from regulated platforms and OTC counterparties, providing a compliant gateway to XRP exposure.

Whale Activity and Open Interest Surge Signal Potential XRP Rally

XRP's market dynamics are flashing bullish signals as whale movements and open interest converge. Over $500 million worth of XRP shifted between unknown wallets, coinciding with a spike in Coinbase trading volume to $413 million. This divergence between public exchange activity and off-chain accumulation suggests strategic positioning by large holders.

Open interest surged 11% to $2.92 billion, reflecting heightened leveraged trading. Binance's 64% long bias indicates retail traders are chasing what appears to be a whale-driven setup. The silent accumulation pattern typically precedes significant price movements, though the short-term direction remains uncertain amidst these competing signals.

XRP Price Dips Amid Increased Trading Volume as Market Watches for Next Move

Ripple's XRP fell 3.16% to $2.86 on Tuesday, retreating from $2.95 despite a 25.71% surge in 24-hour trading volume to $11.6 billion. The divergence suggests active repositioning by traders following XRP's 26.57% weekly gain, with market capitalization holding at $169.1 billion.

Bonk, Curve DAO Token, and SEI led altcoin gainers while MemeCore and XDC Network underperformed. The volume spike during price declines typically signals either profit-taking or accumulation before the next directional move.

Token listings continue to serve as bullish catalysts by expanding liquidity pools and investor access. Conversely, security breaches remain systemic risks, with exploiters increasingly targeting cross-chain bridges and exchange hot wallets.

XRP Price Corrects After Strong Rally — Support Levels in Focus

XRP surged past $3.00 before undergoing a corrective phase, with traders now eyeing critical support NEAR $2.75. The digital asset remains firmly above its 100-hour moving average, suggesting underlying strength despite the pullback.

A bullish trend line forming at $2.820 on hourly charts signals potential accumulation. The 50% Fibonacci retracement level from the recent swing low of $2.660 to the $3.0324 peak now serves as a key technical reference point.

Market participants anticipate resistance near $2.920, with decisive breaks above $2.950 potentially reigniting momentum toward $3.080. The price action mirrors broader market trends observed in Bitcoin and Ethereum.

SBI CEO Positions XRP as Catalyst for Global Wealth Transfer Amid Economic Uncertainty

SBI Global Asset Management CEO Tomoya Asakura has identified XRP as a pivotal asset in an ongoing global wealth redistribution. Unlike speculative cryptocurrencies, XRP's utility in cross-border payments and institutional adoption positions it as a hedge against traditional market volatility.

Asakura's social media commentary highlights XRP's $172.6 billion market capitalization milestone as evidence of structural capital flows. 'We're witnessing the most significant wealth transfer of our generation,' he stated, noting how geopolitical tensions and trade tariffs are accelerating capital rotation into digital assets.

The analysis suggests XRP's growing dominance reflects broader dissatisfaction with conventional markets. Its blockchain infrastructure and regulatory clarity give it distinct advantages over peers during this financial paradigm shift.

Will XRP Price Hit 3?

Based on current technical and news analysis, BTCC financial analyst Michael believes XRP has a strong chance to test the $3 level. Key factors include:

Michael advises monitoring the upper Bollinger Band and ETF developments for confirmation.