XRP Price Prediction 17 July, 2025: Is Ripple Price Going to $4 Today After Launch of UXRP ETF?
2025-07-17 12:10:12
Main Idea
XRP's price has surged due to the approval of a leveraged ETF and increased trading activity, with predictions suggesting further gains.
Key Points
1. XRP's price increased by 11% in the past 24 hours, breaking the $3 barrier, driven by bullish market sentiment.
2. The ProShares Ultra XRP ETF (UXRP) was approved, aiming to deliver 2x the daily returns of XRP through derivatives like futures and options.
3. Trading volumes nearly doubled after XRP surpassed $3, triggering a short-squeeze with $360 million in short positions liquidated.
4. Analysts predict a potential 38% gain, setting a baseline price target of $3.77 for XRP in the near term.
5. The Relative Strength Index (RSI) indicates the uptrend is strong, with significant liquidity above the $3.4 level suggesting further explosive moves.
Description
XRP (XRP) has gone up by 11% in the past 24 hours and has broken through the $3 barrier, which favors a bullish XRP price prediction . This rally seems to have been ignited by the approval of the first exchange-traded fund (ETF) linked to this token in the United States. We’re excited to introduce ProShares Ultra Solana ETF (SLON) and ProShares Ultra XRP ETF (UXRP). These new funds target 2x the daily returns of Solana and XRP, respectively. Learn more about our crypto-linked ETFs: https://t.co/...
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