XRP (XRP) is poised for a potential short-term price increase to the highs of 2025, thanks to the hype surrounding future XRP ETFs in the coming weeks. The launch of the future XRP ETF by Proshares Trust has just been postponed until May 14.

However, that does not diminish the sentiment. Indeed, the SEC's approval of these ETFs, following Ripple's legal victory in March 2025, has rekindled investor enthusiasm - the latest price for XRP is around $2.25, up over 40% from the monthly low.

Furthermore, bullish technical factors, including XRP's recent breakout above a weeks-long downtrend and its 21 and 50 DMA, signal a short-term target of $3.40.

Cryptocurrency traders will remember how the market initially underestimated the impact of the Bitcoin spot ETF launch in early 2024. Is the market underestimating the impact of the future XRP ETF, and could XRP surge to $10?

XRP reaching $10 is still unlikely due to macroeconomic instability.

Traders should avoid blindly chasing this rally. Economic uncertainty, driven by President Trump's trade war, is shaking global markets, and the U.S. economy has shown signs of cracking.

Consumer expectations have just dropped to the worst level since 2011, while new job numbers decreased by 300,000.

Meanwhile, concerns about persistent inflation due to tariffs may keep the Federal Reserve in a hawkish stance at a time when the market needs them most.

Altcoins like XRP, which are very sensitive to risk-off sentiment, may face a strong pullback under such conditions. A price target of $10 seems unrealistic in this context, as macro obstacles could limit the gains.

Is it time to accumulate XRP?

Despite short-term risks, long-term investors should view market volatility as a buying opportunity.

Trump's administration's pro-cryptocurrency stance, including the potential for clarified regulations under new SEC Chairman Paul Atkins, is a good omen for XRP.

Trump's favor for XRP, the cryptocurrency he named in March as one of the key cryptocurrencies included in the digital asset reserve, is another reason to be optimistic in the long term.

In this context, the fundamental basis of XRP remains strong: the launch of Ripple's stablecoin RLUSD in December 2024 has boosted liquidity, and 80% of Japanese banks currently use Ripple Payments for cross-border transactions.

Upgrades to the XRP Ledger, supporting over 3,400 transactions per second, make it easily adoptable.