There is speculation that the price of XRP could surge by 1,500% if the US Securities and Exchange Commission (SEC) approves an exchange-traded fund (ETF) for the cryptocurrency. XRP recently pulled back to $2.68 from its January high of $3.39 but remains one of the top-performing assets in the top 100. The SEC is currently reviewing a proposal for a spot XRP ETF from the New York Stock Exchange and Grayscale Investments. If approved, it could lead to institutional demand and a breakthrough in XRP's resistance levels. Other factors that could push the price higher include strategic adoption and a dismissal of the SEC's lawsuit against Ripple. However, XRP will still face a significant resistance zone at $3.15 to $3.50, and traders should exercise caution and manage risk.
Content Editor ( crypto.news )
- 2025-02-18
Ripple price prediction: A 1,500% boost to $27 — Is the 2017 bull run repeating?
