XRP Futures ETF<\/a> by ProShares, set to launch on July 18, 2025.<\/p>\nThis milestone opens the door to institutional exposure to XRP, a development long awaited by the crypto community.<\/p>\n
The ETF excitement has triggered a flurry of filings from asset management giants like Bitwise, 21Shares, Franklin Templeton, and Grayscale, all seeking to launch their own XRP products.<\/p>\n
This wave of institutional interest coincides with record whale accumulation, with 2,743 wallets holding more than 1 million XRP each. Collectively, these whales now control 47.32 billion XRP tokens, underlining confidence in the asset\u2019s long-term trajectory.<\/p>\n
Legal Landscape Turns Favorable for Ripple<\/h2>\n
XRP\u2019s resurgence is further buoyed by favorable regulatory developments. Investors are increasingly hopeful that the U.S. SEC will drop its appeal in the Ripple lawsuit, following the landmark 2023 ruling that declared XRP not a security when sold to retail investors.<\/p>\n
Polymarket odds show an 88% probability of XRP-spot ETF approval by December 2025, up from 75.9% just weeks ago.<\/p>\n
The SEC\u2019s key decisions on July 21 and 25 regarding leveraged and spot ETFs could serve as major catalysts for XRP’s next leg upward.<\/p>\n
Elliott Wave and RSI Analysis Signal Massive Rally Potential<\/h2>\n
From a technical perspective, XRP appears to be entering wave (3) of a larger wave (5) structure, often associated with the most powerful market moves in Elliott Wave Theory.<\/p>\n
The asset has reclaimed the 200-week EMA at $1.05, sits comfortably above all major moving averages, and shows RSI divergence that confirms growing bullish strength.<\/p>\n
The RSI currently sits around 79.71, placing XRP in overbought territory. However, this level has historically signaled strong continuation patterns during past bull cycles, especially when supported by strong volume.<\/p>\n
Analyst Predictions and Market Sentiment<\/h2>\n
Market watchers have pointed to XRP\u2019s reliable breakout history. A leading analyst who predicted XRP\u2019s move from $0.62 to $2.47 is now forecasting a 75% rally toward $4.804, assuming XRP holds above its $2.47 support level.<\/p>\n
Meanwhile, CasiTrades highlights a successful backtest of the $2.69 Fibonacci breakout, advising strategic entry during potential dips to $2.76 or $2.70.<\/p>\n
Notably, pro-crypto attorney Bill Morgan remarked, \u201cDespite these extraordinary figures about BlackRock acquisitions of Bitcoin and Ethereum, and XRP not even having a spot ETF yet, XRP is outperforming both.\u201d<\/p>\n
SEC\u2019s Role Remains Pivotal<\/h2>\n
The SEC\u2019s stay order delaying the launch of Grayscale\u2019s Digital Large Cap ETF, which includes XRP, has attracted scrutiny. Grayscale filed an appeal on July 11, arguing for the removal of the delay.<\/p>\n
If successful, this could accelerate the approval timeline for XRP-related ETFs.<\/p>\n
Meanwhile, BlackRock\u2019s ongoing dialogue with the SEC Crypto Task Force and its recent ETF filings for Bitcoin and Ethereum have heightened expectations that XRP could be next in line for a spot ETF application.<\/p>\n
XRP Price Outlook<\/h2>\n
1. Immediate resistance: $2.9727 (July 11 high), followed by $3.19 and $4.31<\/p>\n
2. Breakout target: $3.5505 (2018 ATH), with potential rally to $5 and beyond<\/p>\n
3. Support levels: $2.6 (critical support), with 50-day EMA nearby<\/p>\n
4. Daily RSI: 79.71 \u2013 overbought, but still bullish in trending markets<\/p>\n
With altcoin season officially underway, XRP is poised to be one of the standout performers. The technical setup, institutional engagement, and legal clarity combine to paint a highly bullish picture for the months ahead.<\/p>\n
Keep up with every twist in the XRP journey, ETF approvals, and macro crypto trends. For in-depth analysis, breaking news, and expert insights, bookmark the Bitrue Blog and stay informed!<\/p>\n","protected":false},"excerpt":{"rendered":"
XRP reclaims the #3 spot by market cap after a 25.8% surge, driven by ETF momentum and favorable legal developments. Learn about XRP\u2019s technical outlook, […]<\/p>\n","protected":false},"author":1,"featured_media":22983,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-22981","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-singapore"],"_links":{"self":[{"href":"https:\/\/seasiaonline.com\/index.php?rest_route=\/wp\/v2\/posts\/22981","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/seasiaonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/seasiaonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/seasiaonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/seasiaonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22981"}],"version-history":[{"count":1,"href":"https:\/\/seasiaonline.com\/index.php?rest_route=\/wp\/v2\/posts\/22981\/revisions"}],"predecessor-version":[{"id":22982,"href":"https:\/\/seasiaonline.com\/index.php?rest_route=\/wp\/v2\/posts\/22981\/revisions\/22982"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/seasiaonline.com\/index.php?rest_route=\/wp\/v2\/media\/22983"}],"wp:attachment":[{"href":"https:\/\/seasiaonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22981"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/seasiaonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22981"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/seasiaonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22981"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}