The post Ripple Price Prediction After XRP ETF Approval appeared first on Coinpedia Fintech News
XRP is back in focus as talks about the approval of an XRP Spot ETF pick up speed. In a recent interview with Thinking Crypto, Bitwise CIO Matt Hougan spoke about the upcoming decisions for XRP and Solana ETFs. He mentioned that the approvals could happen soon, possibly as early as July, with official deadlines for many applications set in October.
More than ten XRP ETF applications are currently awaiting review, including those from Bitwise, Grayscale, Franklin Templeton, 21Shares, and Canary. A green light for any of them could trigger a sharp move in XRP’s price before the end of the year.
Key Market Levels and Updates
On the technical side, XRP’s price is holding steady with increased buying interest. Ripple’s move to apply for a U.S. national bank license might strengthened its long-term outlook, but it hasn’t driven a big short-term rally yet. The $2.26 to $2.45 zone is important. A break above this range could open the way for a larger move.
However, today’s U.S. economic reports, including unemployment and inflation data, may affect market sentiment.
Big Price Predictions for XRP
Analyst Casi Trades has set her targets for XRP. She expects the price to hit at least $6.50, with plans to sell part of her position around $8. If XRP crosses $13, she thinks it could reach as high as $26 by the end of 2025.
When asked if XRP could hit $20 within the next 18 months, Casi said it’s possible if the coin can maintain its strength during the next big rally.
What’s Next for XRP
XRP’s next big move depends on two things: ETF decisions and upcoming market data. If ETF approvals arrive in the coming weeks, XRP may be on track for one of its biggest price surges in years.