XRP Price Prediction Weekly: Can a US XRP ETF Push Ripple to $5 Wednesday ?

It appears like Ripple's downturn is coming to an end, which might pave the way for a confident breakout in the XRP ETF.

Ripple XRP buyers return

Quick overview

  • Ripple's recent consolidation phase may be ending, with signs of a potential breakout driven by XRP ETF optimism.
  • After a significant rally in late 2024, XRP experienced a pullback but has recently bounced back above $2.20, indicating bullish momentum.
  • The launch of the world's first XRP spot ETF in Brazil could further enhance market sentiment, with predictions of a U.S. ETF approval adding to the optimism.
  • Traders should monitor the $2.20–$2.50 range, as a breakout could lead to new all-time highs and possibly a target of $5.

Live XRP/USD Chart

XRP/USD
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It appears like Ripple’s downturn is coming to an end, which might pave the way for a confident breakout in the XRP ETF.

Ripple Recovery: End of the Correction Phase?

After a massive surge at the end of 2024, Ripple (XRP) has spent the early months of 2025 in a consolidation and correction phase. However, signs are emerging that the pullback might be over, with broader bullish momentum ready to resume.

Ripple’s historic rally began before Donald Trump’s return to the White House, as XRP skyrocketed from around $0.50 in November 2024 to an intraday high near $3.39 by mid-January — a gain of over 300%. This breakout was primarily driven by renewed optimism after a critical win for Ripple in its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC).

Early 2025: Volatility and Market Risk-Off Sentiment

Following that peak, XRP mirrored the broader risk-off sentiment seen in global stock markets during Q1 2025. By early February, XRP/USD had slipped back below the important $2.00 level as crypto markets, along with Bitcoin (BTC), shed much of their recent gains.

Further pressure in early April saw XRP dip under $2.00 during a sharp wave of market panic. However, the 200-day Simple Moving Average (SMA) on the daily chart provided key support, stabilizing prices. As risk appetite returned, Ripple bounced back above $2.00, and yesterday buyers pushed it decisively above $2.20. This technical move now opens the pathway toward higher targets: $2.50, $3.00, and possibly a new all-time high around $3.50.

Still, buyers faced initial resistance at the 50-day SMA (yellow), which temporarily slowed momentum.

ETF Developments: Brazil Leads, Is the U.S. Next?

Adding fuel to the bullish fire is a major development: the launch of the world’s first XRP spot ETF. Hashdex and Genial Investimentos introduced the XRPH11 ETF on Brazil’s B3 exchange. Designed for experienced investors, the fund will allocate at least 95% of its assets directly into XRP, using the Nasdaq XRP Reference Price Index.

This marks Hashdex’s ninth cryptocurrency-focused ETF in Brazil, following similar products for Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). With Genial Bank SA serving as custodian, XRPH11 aligns with Brazil’s increasingly crypto-friendly regulatory framework.

Meanwhile, in the United States, several firms including Bitwise and Grayscale have filed applications for XRP spot ETFs. According to the Polymarket prediction platform, there is currently a 74% probability that a U.S.-based XRP ETF will be approved sometime in 2025. Should this materialize, it would likely send another wave of buying into Ripple, possibly paving the way for XRP to rally toward the $5 mark.

Conclusion: A Bullish Setup is Forming

Ripple is at a critical technical and fundamental juncture. A resurgence in bullish sentiment, combined with ETF developments in Brazil and potential U.S. approval later this year, could provide the necessary catalysts for another major rally. Traders should closely watch the $2.20–$2.50 zone, as a break higher could ignite a fresh bullish leg targeting record highs — and possibly, the much-anticipated $5 milestone.

Ripple XRP Live Chart

XRP
ABOUT THE AUTHOR See More
Skerdian Meta
Lead Analyst
Skerdian Meta Lead Analyst. Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.

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