XRP Price Prediction: 11.1% Weekly Gain – Will ETFs Fuel a Parabolic Move?
Main Idea
XRP's price has surged 11.1% weekly amid legal developments and ETF speculation, with technical indicators suggesting potential further gains.
Key Points
1. XRP's price rose to $3.38 after an 11.1% weekly gain following the SEC and Ripple agreeing to dismiss appeals, potentially ending their legal battle.
2. A 2023 court ruling determined XRP sales were not unregistered securities, though Ripple was liable for certain institutional sales, with a proposed $50 million settlement pending.
3. Technical analysis shows XRP breaking out from a symmetrical triangle pattern, with bullish indicators like MACD and RSI pointing to potential targets of $3.51 and $3.65.
4. ETF approval could act as a catalyst for further institutional investment, possibly driving XRP's price to new highs, similar to Bitcoin's post-ETF performance.
5. A new presale, Bitcoin Hyper ($HYPER), combines Bitcoin's security with Solana's performance, offering tokens at $0.012575 with a price increase expected soon.
Description
Ripple’s XRP is sitting at $3.38 after an 11.1% weekly gain, following renewed speculation after a big legal development. The rally started when Ripple and the SEC filed with the 2nd Circuit Court of Appeals to dismiss their appeals, which means the 5 year legal battle may be over. Ripple’s Chief Legal Officer, Stuart Alderoty, confirmed both sides agreed to pay their own fees – a big sign that the whole thing is wrapping up. Ripple vs SEC: Case Closed The SEC has confirmed a Joint Stipulation t...
Latest News
- Sygnum Launches Custody, Trading, and Lending Services for Sui Blockchain2025-08-09 15:27:08
- XRP Price Prediction: 11.1% Weekly Gain – Will ETFs Fuel a Parabolic Move?2025-08-09 11:42:33
- Bitcoin Price Prediction: Almost $118K and Up 3.6% – Is $120K the Next Stop?2025-08-09 11:24:37
- Ethereum Price Prediction: ETH Breaks $4,000 – Could a New ATH Be Next?2025-08-09 10:52:07
- Judge Allows State-Level Class Actions Against EthereumMax Promoters to Proceed2025-08-09 10:06:24