XRP is heating up again and investors are taking notice. After years of legal struggles with the U.S. Securities and Exchange Commission (SEC), Ripple has finally scored a major victory. Currently, ProShares is launching three XRP-focused ETFs — Ultra XRP (2x leverage), Short XRP, and Ultra Short XRP (-2x leverage) — marking a significant shift in regulatory transparency for XRP.
With Grayscale's XRP spot ETF application set to be decided on May 22 and CME preparing for XRP futures contracts, the stars seem to be aligning for a strong XRP bull run. So, can XRP really increase 30x by May 2025? Let's explore the chart developments and major upcoming catalysts.
XRP Price Prediction: Breakout Momentum is Forming
Looking at the 1-hour XRP chart, momentum has surged upwards. XRP has crossed the key moving averages (20, 50, 100, and 200 SMA) and the price is now comfortably above $2.30. The moving averages are stacked in an upward direction, signaling strong bullish momentum. The recent rally shows a classic 'golden cross' where short-term moving averages cross above long-term moving averages, often a strong buy signal.
Trading volume has surged, further confirming bullish sentiment. As of now, the price of XRP is forming higher highs and higher lows, a textbook bullish pattern. However, the short-term resistance is seen around $2.35. A successful breakout above this level could trigger a wave of new buying pressure.
XRP Daily Chart: Aiming for the $3 Milestone
The daily price chart of XRP paints an even more interesting picture. XRP has risen nearly 3% in the past 24 hours, reaching $2.29. It is currently challenging the 100-day and 200-day moving averages near $2.41. A breakout and hold above this range would open the gateway towards $3, a psychological resistance level.
More importantly, the Accumulation/Distribution Line (ADL) is gradually increasing, signaling strong buying interest. Even in minor pullbacks, the ADL continues to rise, indicating that whales are accumulating XRP in anticipation of larger movements.
If the price of XRP clearly breaks $3, the Fibonacci extension targets suggest that $4.50 to $5.00 could come into play in a strong bullish scenario. A 30x move from the current level would imply XRP reaching approximately $70 — very ambitious for May, but smaller multiples like 2x to 5x ($4–$10) seem very feasible.
The Impact of ProShares XRP ETFs
The approval and upcoming launch of three XRP ETFs is big news. ETFs are known to bring large amounts of traditional capital into the cryptocurrency market, as they allow stock market investors to gain access without having to hold cryptocurrencies directly.
The ProShares Ultra XRP and Short XRP ETFs mean that both the bulls and bears can now leverage their bets on XRP's price, increasing trading activity. Meanwhile, Grayscale's XRP Spot ETF application — with a decision expected on May 22 — could be the biggest driver yet. If approved, it would further legitimize XRP and potentially boost institutional buying activity.
Adding to this is the launch of CME's XRP futures; XRP will have all the infrastructure that helped Bitcoin and Ethereum reach new highs in previous cycles.
XRP Price Prediction: Can XRP Really Increase 30 Times by May?
Although the possibility of a 30x price increase to over $70 in just one month is highly unlikely (unless something extraordinary happens), the potential for a 2 to 5 times increase from the current $2.30 is feasible if:
Spot ETF has been approved.
XRP futures have successfully launched.
Bitcoin and the cryptocurrency market in general continue to maintain a bullish trend.
If XRP reaches $10 by the end of May, a $1,000 investment today could grow to about $4,300, and if it unexpectedly rises to $15, the value could reach about $6,500. Even without a 30x move, the upside potential is still very significant.
Conclusion: XRP's Best Setup in Years?
With the legal cloud removed, ETFs are starting to launch, futures trading is about to take place, and strong technical momentum, XRP is said to be facing its best setup since the historic bull run of 2017-2018. Investors should watch for a breakout above $2.40 and then $3. If XRP can build volume and leverage the ETF wave and institutional excitement, May 2025 could be a turning point.
