XRP Price Prediction: 11.1% Weekly Gain – Will ETFs Fuel a Parabolic Move?

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.