.png){kind=logo}
The upcoming UXRP ETF and 3iQ’s successful launch are driving strong investor interest.
Technical breakout confirmed: XRP forms a bullish flag breakout with strong RSI and EMA signals supporting further gains.
If momentum continues, XRP could target $4-$6 in the short term and possibly $9 in a parabolic extension.
Ripple’s native token, XRP, has seen renewed bullish momentum in recent days, climbing 1.5% over the past 24 hours to trade around $2.92. The surge comes on the heels of a major development: the upcoming launch of the ProShares Ultra XRP ETF (UXRP) on July 18, 2025.
This could be monumental for this cryptocurrency, as just a year ago, the asset was in a difficult spot, being in strong regulatory battles with the U.S. Securities and Exchange Commission (SEC).
The UXRP ETF will be a leveraged futures-based exchange-traded fund designed to produce 2x the daily price performance of this cryptocurrency using cash-settled derivatives. The UXRP ETF will not hold any physical XRP, but it offers a regulated way for institutional and retail investors to access the asset through standard financial infrastructure. Read on to know our XRP price prediction!
Also Read: XRP News Today: Pulls Back to $2.86 After Recent Highs, But Momentum Builds Toward $3.10 and Beyond
The announcement of the UXRP ETF has ignited optimism across the crypto community. The fund will debut on NYSE Arca and has already received DTCC eligibility, signaling robust regulatory backing.
Alongside UXRP, two additional ProShares ETFs, XRPS and RIPS, which offer inverse exposure to XRP, are expected to launch on the same day.
Meanwhile, Canada’s 3iQ XRP ETF has already made waves. Launched on the Toronto Stock Exchange just 23 days ago, the fund has surpassed $50 million in assets under management (AUM). This notable achievement underscores the demand for this cryptocurrency’s investment products.
Notably, 3iQ is waiving management fees for the first six months, making it one of the most competitive offerings in the ETF space. The early success is drawing interest from both individual and institutional investors looking for transparent and cost-effective XRP price exposure.
Together, these ETF approvals, UXRP in the U.S., and 3iQ in Canada signal a broader shift in how traditional finance is beginning to embrace the coin, positioning it among the few digital assets with cross-border institutional-grade investment vehicles.
According to the latest XRP News, its trading activity has surged in response to the hype surrounding ETFs. Spot volumes are up over 73%, accounting for more than 6% of the token’s circulating supply. On July 11, spot market volume spiked to nearly $16 billion, while futures volume for this coin soared to $35 billion. These figures suggest strong accumulation and rising open interest.
On the institutional side, CME Group has seen the daily coin futures volume exceed $235 million, with cumulative open interest now above $1.6 billion.
Notably, prime broker Hidden Road facilitated the first institutional block trade in Micro-XRP futures, underscoring growing participation from traditional financial firms.
Technically, this cryptocurrency has just broken out of a bull flag, a bullish continuation pattern. This breakout was supported by rising trading volume and a golden cross between the 9-day and 21-day exponential moving averages (EMAs).
The Relative Strength Index (RSI) is hovering above 84, placing it in overbought territory but also reflecting strong bullish momentum.
The $2.70-$2.80 zone, previously a resistance level, could now act as a solid support for any retracements.
A decisive breakout above the $3.00 psychological barrier would open the path to the next resistance levels between $3.40 and $3.80.
Also Read: XRP Price Prediction: Could Global Adoption Push It to $30 Soon?
While sharing their views on XRP price prediction, some analysts believe the coin may be entering a new parabolic phase. The most optimistic forecasts indicate a potential move toward $9, representing a 200-300% increase from current levels if the current momentum is sustained.
This projection is not baseless; from October to December 2024, this coin delivered a 500% surge after the company’s court victory in the Ripple SEC case. If that breakout serves as a reference, even a more conservative move could send this coin beyond $6 in the coming months.
With Bitcoin crossing $120,000 and Ethereum trading above $3,000, macro sentiment in crypto markets remains robust, offering further support for the coin’s bullish case.
Leveraged Volatility: The idea behind UXRP is daily leveraged exposure. Longer-term holdings may underperform due to volatility drag.
Regulatory Uncertainty: The Ripple SEC case remains unresolved, despite recent court victories. Movements from whale wallets, such as a 25 million XRP transfer, could indicate distribution or dumping.
Technical Warning Signs: If resistance holds or broader markets weaken, it risks retracing to the $2.80-2.73 range.
The launch of the ProShares UXRP ETF and the growth of 3iQ's XRP ETF in Canada signify more than financial instruments; both demonstrate institutional endorsement of it as a longer-term investment asset.
A positive technical breakout, accompanied by increasing trading volume and rising futures open interest, provides additional momentum for the token. While short-term corrected price action could be expected, especially if the cryptocurrency fails to reach $3.00, the medium-term outlook looks increasingly favorable.
A move to $4-$6 seems feasible within the next couple of months. If momentum remains strong and developments in sentiment surrounding ETFs deepen, a rally to $9 could transition from speculative hope into a realized trend.
1. What is the ProShares UXRP ETF, and why is it important?
It’s a leveraged futures ETF that provides 2x daily exposure to XRP. It gives traders a regulated way to invest without holding XRP directly.
2. What impact has the 3iQ XRP ETF had?
The Canadian ETF reached $50 million in AUM within 23 days, showing strong investor demand and boosting confidence in XRP products.
3. Can XRP reach $9 soon?
Analysts suggest it’s possible if ETF momentum sustains. A $9 target implies a 300% gain, similar to past breakout rallies.
4. What are the key technical levels to watch?
Support lies between $2.70 and $2.80, while resistance is located between $3.00 and $3.80. A breakout above $3.00 could lead to major upside.
5. What are the risks with XRP now?
Key risks include ETF volatility drag, unresolved regulatory issues with the SEC, and potential sell-offs driven by large investors, commonly referred to as whales.
