The XRP price has been on a rollercoaster ride in 2025, surging over 70% and hitting a 7-year high earlier this year. The token’s momentum has been fueled by growing optimism surrounding the Ripple vs. SEC lawsuit, particularly after Donald Trump’s inauguration, which has raised hopes for a favorable outcome. Adding to the bullish sentiment, the SEC recently acknowledged Grayscale’s filing for a spot XRP ETF, sending waves of excitement through the crypto community.
Could an XRP ETF Approval Push the Price to 5?
While this move hasn’t yet resulted in a significant price surge, market participants view the acknowledgment as a strong bullish signal. Notably, the SEC also recognized a DOGE ETF filing, but like XRP, DOGE’s price has remained range-bound.
Technical Analysis: Bullish or Bearish?
XRP’s daily chart shows the price breaking out of a rising wedge pattern and attempting a U-shaped recovery after testing local support levels. The MACD indicator suggests a potential bullish continuation, but the Ichimoku cloud raises concerns, with the +Di triggering a bearish divergence against the -Di. This indicates that selling pressure persists, and a pullback remains possible.
Additionally, trading volume has declined significantly, which could slow the recovery. For a sustained rally, XRP needs to break through the key resistance level at 2.8. Meanwhile, whale activity has surged, with over 430 million worth of XRP moved recently. While these large transactions may not directly impact the price, they often influence market sentiment.
What’s Next for XRP in 2025?
With the SEC’s acknowledgment of the XRP ETF filing and the potential resolution of the Ripple vs. SEC lawsuit, the outlook for XRP in 2025 appears highly bullish. If the ETF is approved and the lawsuit concludes favorably, XRP could trigger a massive altseason rally, potentially surpassing 4andaimingforanewATHof5 later this year.
As the crypto market eagerly watches these developments, XRP remains a key player to watch in 2025. However, investors should remain cautious, as regulatory decisions and market volatility could impact the token’s trajectory.
Also read: Bitcoin Faces Retail Selling Pressure as ETF Outflows Hit $494 Million – Analysts Eye Market Bottom
