Can XRP Hit $3? Legal Win and ETF Hope Say Yes

Ripple’s XRP is back in the spotlight—this time for good. The token is up to $2.15 as optimism surges after Ripple’s latest win and chatter about upcoming ETF approvals.

XRP Price Chart - Source: Tradingview
XRP Price Chart – Source: Tradingview

The SEC case against Ripple—once the big cloud over XRP—seems to be wrapping up. Ripple agreed to a $50 million fine, which is seen as a win for the company and the broader crypto community. With that regulatory overhang gone, investors are starting to see a clear path forward.

“The lawsuit has weighed on XRP for years,” one analyst said. “Now that it’s mostly resolved, we’ll see institutional interest again.”

XRP ETF Approvals Could Be the Game-Changer

Next up? XRP ETF approvals.

The SEC has until May 22, 2025, to decide on several XRP ETF applications—including Grayscale and Bitwise’s high-profile filings. If approved, these ETFs could bring in institutional money like spot Bitcoin ETFs did earlier this year.

Financial analyst Zach Rector even thinks $4 billion in ETF inflows could push XRP’s market cap up by $800 billion, to $15 per token.

That’s a big number—but it shows just how much of an impact ETFs could have on XRP’s price.

Technicals: Bulls in Control

XRP’s chart is looking strong too. The token is above its 50-period EMA at $2.10, which is support. The RSI is around 55, which is healthy buying without being overbought.

XRP Price Chart - Source: Tradingview
XRP Price Chart – Source: Tradingview

Here’s what to watch:

  • Support: $2.10

  • Resistance: $2.25 and $2.35

  • RSI: ~55 (bullish but not overbought)

A break above $2.35 could be the next leg up. Below $2.10 and momentum could slow or we could see short-term pullbacks.

The Bottom Line

With legal uncertainty fading and ETF hype building, XRP is looking better than it has in years. If ETFs get approved in May, it could be a big inflection point—not just for XRP but for the altcoin space as a whole.

For now, we’re watching $2.25 and the SEC. A break or approval and XRP could go to $3+

Check out our free forex signals
Follow the top economic events on FX Leaders economic calendar
Trade better, discover more Forex Trading Strategies
ABOUT THE AUTHOR See More
Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
Related Articles
Comments
0 0 votes
Article Rating
Subscribe
Notify of
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

HFM

Doo Prime

XM

Best Forex Brokers