XRP Price Prediction: Why an ETF Could Spark a Bitcoin-Like 60% Jump

The XRP worth as we speak stands at $2.81, with each day buying and selling quantity at $5.55 billion. XRP has slipped 1.3% within the final 24 hours, giving the token a market capitalization of $167.35 billion, rating it the fourth-largest cryptocurrency.

With 59.6 billion cash in circulation out of a 100 billion most provide, XRP continues to seize consideration as traders speculate on what might drive its subsequent main rally.

One chance is an XRP-linked ETF. BlackRock’s involvement in Ripple’s upcoming Swell 2025 conference has intensified hypothesis that such a product might emerge sooner or later.

If accredited, an ETF might set off a rally like Bitcoin’s, the place institutional inflows brought on a 60%+ acquire.

BlackRock and Ripple’s Swell Conference

Ripple’s Swell 2025 convention, November 4–5 in New York City, will characteristic BlackRock’s Director of Digital Assets, Maxwell Stein, and different massive names. Speakers embrace Adena Friedman of Nasdaq, Ripple co-founder Chris Larsen, CEO Brad Garlinghouse, and Jason Lau, CIO of OKX.

The agenda reveals Stein will focus on tokenized property with Rory Callagy of Moody’s, although it doesn’t verify whether or not BlackRock will tackle an XRP ETF straight.

Currently, the asset supervisor affords ETFs linked to Bitcoin and Ethereum however has held again from XRP, doubtless because of Ripple’s prolonged authorized battle with the SEC. That case concluded final month, probably clearing the way in which for brand spanking new institutional merchandise.

Key factors to observe:

BlackRock already runs Bitcoin and Ether ETFs.
Ripple’s authorized dangers have eased, fueling ETF hypothesis.
Swell 2025 will cowl funds, stablecoins, regulation, and adoption.

Technical Outlook: XRP Under Pressure

On the 4-hour chart, the XRP price prediction seems bearish, as XRP is at the moment inside a descending channel, indicating downward strain. It’s sitting slightly below the 50-EMA ($2.81), and the 200-EMA ($2.87) is capping upside. Each take a look at of $2.87 has failed to date.

***XRP/USD Price Chart – Source: Tradingview***

Candlestick formations present indecision, with spinning tops and small-bodied candles dominating. The RSI at 46 indicators weak momentum, with no bullish divergence. If XRP falls beneath $2.76, the subsequent targets lie at $2.70 and $2.62, aligning with the decrease boundary of the channel.

For bulls to regain management, XRP should clear $2.87 with conviction. A bullish engulfing candle and robust quantity might open up $2.95 and $3.04. Without that, the bias is bearish and merchants shall be searching for extra promoting.

ETF Hopes and Long-Term Outlook

In the brief time period, XRP’s path is dependent upon defending help at $2.70. A bounce might mark the beginning of restoration, whereas a breakdown dangers one other leg decrease. Short time period, XRP’s path relies on holding $2.70. A bounce may very well be the beginning of the restoration, a breakdown may very well be one other leg down.

Long time period, it’s all about adoption milestones like central banks and an ETF. If institutional demand is available in by way of an ETF, XRP might observe Bitcoin’s path the place inflows brought on massive rallies. A 60% transfer from right here would put XRP at $4.50 with room to go increased if the broader crypto markets align.

For traders, persistence and danger administration stay important, however the ETF narrative retains hope alive for a breakout cycle.

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