XRP has been on fire since the start of 2024, surging 70% to a 7-year high. The Ripple vs. SEC lawsuit and speculation surrounding Trump’s presidency have fueled optimism. Now, another bullish catalyst has entered the mix—the SEC acknowledging Grayscale’s XRP ETF filing.
Key Bullish Drivers for XRP:
📌 SEC Acknowledges XRP ETF Filing – Buying pressure pushed XRP past $2.5, signaling growing confidence.
📌 Whales Move 430M in XRP – Large holders making strategic moves, often a precursor to major price action.
📌 Ripple vs. SEC Lawsuit Nears Closure – A favorable outcome could act as a massive bullish trigger.
Technical Analysis – Can XRP Break $5?
📈 MACD Signals Bullish Continuation – Momentum remains in favor of an uptrend.
📉 Ichimoku Cloud & -DI Trigger Bearish Concerns – Selling pressure lingers, slowing momentum.
📉 Volume Decline – A breakout above $2.80 resistance is needed to confirm the next leg up.
Price Targets for 2025:
📌 Bullish Breakout → $4+ 🚀
📌 Full Rally → $5 ATH Target 🌕
With an XRP ETF approval potentially in play and the lawsuit nearing closure, XRP could lead the next altseason, propelling prices to new highs. Will it break past $5 in 2025? 👀
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