XRP Price Prediction: Will ETF Approval Fuel a $3 Rally? Market Optimism Hits Fever Pitch

XRP bulls are charging as ETF rumors electrify the crypto markets. The once-maligned token now flirts with a potential breakout—but can it really 10x from here?

SEC shadows fade as institutional interest grows. Whispers of an XRP ETF approval have traders dusting off their 2021 moon math. 'This time it's different' narratives clash with lingering regulatory PTSD.

Technical indicators scream bullish. The 200-day moving average just got obliterated like a Bitcoin maximalist's credibility. Fibonacci extensions point to $1.80 as the next battleground.

Retail FOMO meets Wall Street's latest crypto cash grab. Banks that called XRP 'uninvestable' in 2020 suddenly discover its 'compelling use case'—just as their custody solutions go live.

Will the rally hold? Every crypto cynic knows ETF hype often precedes a rug pull. But for now, the charts say one thing: XRP's looking to reclaim its throne—or die trying.

• XRP is currently trading at $2.39, with RSI and moving averages showing a brief consolidation phase before possible upside.
• The buzz surrounding the ETF created by Canary Capital’s filing has increased sentiment, resulting in hopes for a bullish move.
• On-chain data shows falling inflows and stable volume, hinting at accumulation; the coin could climb toward $2.85–$3.00 if the momentum builds.

XRP remains one of the oldest and most recognizable altcoins and a key player in the crypto space. Following volatility, it is now gaining strength, and indicators show that it could be turning bullish in the coming days. At press time, the coin is trading at $2.39 with a decline of 4.1% in the past 24 hours.

Indicators Signal Calm Before a Possible Breakout

XRP is priced at $2.39 after dropping 4.1% on the day. The daily chart is showing early signs of consolidation above vital support at $2.20 here. The RSI is not moving out of neutral, indicating the market may slow down before having another go at the upside.

If buying pressure builds, it may potentially challenge the upper boundary of the range it has established at $2.85–$3.00, initiating a new wave of buying.

Exchange Inflows and Volume Points to Accumulation

On-chain sentiment data indicates that exchange inflows have decreased while trade volume remains appropriate, indicating holders appear to be accumulating coins as opposed to selling. Additionally, lower inflows lead to positive price movement, and as such, XRP’s setup appears to be conducive to continued gradual recoveries. If this trend is sustained, it is likely the coin will be able to extend the rally NEAR RR $2.85 – $3.00

ETF Approval Reignites Optimism Market

The recent update on X by JackTheRippler, suggesting the SEC approved the Canary Capital Spot XRP ETF, has sparked renewed community optimism, supporting short-term sentiment. The above charts reflect this sentiment shift, with momentum settling just after the initial ETF news broke.

BOOOOOOOOOOOOOOOOOOM!!!

The SEC has approved the first SPOT #XRP ETF in the United States of America.

Canary Capital Spot XRP ETF is finally ready to launch!

💥IT'S HAPPENING💥 pic.twitter.com/UI2S7PllLy

In conclusion, given the technicals are revealing consolidation, on-chain metrics are conveying accumulation, and the recent ETF buzz is reviving sentiment, XRP seems ready for a breakout. If momentum builds, the coin is targeting the $2.85–$3.00 range, indicating strong bullish momentum could establish itself in the short-term.