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XRP ETF approval expected in June could attract billions in new investments.
Bullish technical patterns signal potential breakout above key resistance levels.
Regulatory clarity and institutional interest are boosting confidence in XRP's long-term value.
XRP, the cryptocurrency linked to Ripple, is showing strong signs that its price could rise sharply in June 2025. Several factors are creating a positive environment for XRP, including a possible exchange-traded fund (ETF) approval, technical patterns pointing to a breakout, and growing regulatory clarity. These developments, combined with institutional interest, could drive a major rally in XRP.
One of the biggest events expected in June is the U.S. Securities and Exchange Commission (SEC) decision on whether to approve a spot XRP ETF. This decision is likely to be announced around June 17, 2025. If approved, it will be the first time investors can buy XRP directly through a regulated stock market product, similar to what already exists for Bitcoin and Ethereum.
In the past, the launch of Bitcoin ETFs helped push Bitcoin’s price above $100,000. Analysts believe an XRP ETF could have a similar effect. Some estimates suggest that an XRP ETF could attract $8 billion in its first year, bringing in both individual and institutional investors.
Big financial players are already preparing. Companies like Webus International and VivoPower plan to allocate hundreds of millions of dollars into XRP reserves. The excitement around the ETF has also affected futures markets, where the amount of open positions has dropped, possibly because traders are adjusting their strategies ahead of this major event.
Looking at price charts and technical data, XRP appears to be in a strong position for growth.
In recent months, XRP rose from around $1.61 in April to nearly $2.65 before facing resistance. It then pulled back slightly but is still holding above key support levels. If XRP manages to break above the resistance zone of $2.30 to $2.35, it could move quickly towards $3.00 or higher.
Traders have also noticed bullish chart patterns forming. These include a bullish pennant and an inverse head-and-shoulders, both of which often lead to sharp upward moves. On larger timeframes, some analysts even predict long-term targets between $10 and $27, depending on how strong the buying momentum becomes.
XRP’s blockchain data shows mixed but promising signs. Long-term holders have recently sold some of their holdings, but the funding rates in futures markets remain positive, which means that most traders are still betting on price increases. There are also signs that investors are quietly accumulating XRP as they wait for key developments.
As of early June, XRP is trading between $2.15 and $2.18. The critical support level is around $2.12. If this support holds, a rise to $2.50 and beyond is likely.
Also Read - Saudi Prince Backs XRP Treasury with $100M Investment in VivoPower.
Another important reason why XRP could surge is the improving regulatory environment.
For a long time, Ripple has been in a legal battle with the SEC. This lawsuit has limited XRP’s growth because investors were unsure about its legal status. Now, many expect a favorable resolution soon, which would remove a major obstacle and allow more investors and institutions to enter the market with confidence.
There are also signs that XRP could become part of larger government policies. A new proposal being discussed by U.S. lawmakers includes the idea of a national “crypto reserve” that might include XRP. While it is still early and not confirmed, the mention of XRP in such discussions gives the cryptocurrency added credibility.
Leaders in the financial world have begun to show a stronger interest in cryptocurrencies like XRP. Big companies and investment managers see the potential for XRP to become a mainstream digital asset alongside Bitcoin and Ethereum. This kind of attention often brings large amounts of investment, further pushing prices up.
Current XRP Price: Around $2.15 to $2.18
Market Capitalization: Roughly $127 billion, putting XRP in the top 5 cryptocurrencies
Futures Market: Open interest in XRP futures has dropped from $4.55 billion to $4.11 billion, which may reflect traders adjusting ahead of the ETF news
Active Wallets: Daily active users have dropped from over 21,000 to under 7,000, showing a quieter network, possibly due to price consolidation
June 10–12: XRP Ledger Summit in Singapore may reveal updates about Ripple’s technology and future partnerships.
June 17–18: The SEC is expected to announce its decision on the XRP ETF. At the same time, the U.S. Federal Reserve will hold a meeting that could affect all markets, including crypto.
Late June: If the ETF is approved and if Ripple’s legal issues are resolved, these events could work together to trigger a strong price rally.
Also Read - XRP Could Plunge vs BTC: Double Death Cross Sparks Alarm
Depending on how events unfold, XRP’s price could move in different directions:
Some analysts are even more optimistic. They suggest XRP could reach $25 or even $75 if all the positive events line up perfectly. While these predictions are high, they reflect the potential power of combining ETF approval, strong technicals, and policy support.
Not all outcomes are guaranteed. A few risks could hold XRP back:
ETF Rejection or Delay: If the SEC rejects or delays the ETF, investor excitement could fade quickly.
Price Breakdown: If XRP falls below key support at $2.12, the bullish setup may collapse, and prices could drop toward $1.72.
Legal Issues: If Ripple’s legal problems return or worsen, confidence in XRP could fall.
Global Economic Uncertainty: Market shocks, inflation worries, or interest rate hikes could affect the entire crypto market, including XRP.
This month is shaping up to be a potentially important month for XRP. A mix of positive developments, especially the possible approval of an XRP ETF, bullish chart patterns, and improving legal clarity, could drive a significant price surge.
If XRP holds its current support levels and breaks through resistance around $2.30, a move toward $3.00 or more is possible in the near term. Longer-term growth to $10 and beyond could follow if all the major events unfold favorably. However, investors will need to keep an eye on key dates, market reactions, and regulatory announcements to gauge whether this potential rally will fully develop.
