With the accelerating pace of institutional adoption and promising signs from technical analysis indicators, it seems that the price of Ripple is preparing to launch towards unprecedented levels.
Favorable conditions have driven the price of Ripple (XRP) to rise significantly in recent months, despite the crypto markets experiencing sharp volatility in general. This has enabled it to become one of the five highest-ranked digital currencies in terms of market capitalization - alongside Bitcoin (BTC) - which managed to provide gains in 2025. Ripple's strong launch is primarily attributed to the SEC's decision to drop the appeal of the ruling in its famous legal dispute with Ripple Labs concerning allegations of the company selling unregistered securities to the public.
Analyst Steph is Crypto recently shared his predictions regarding XRP price, indicating that it usually goes through cycles of highs and lows. After the coin recently went through a consolidation period, he sees the trader's potential for its price to witness a strong and imminent launch that may drive it to touch $12.
This is the most bullish #XRP chart I’ve ever seen… pic.twitter.com/juCxT1Gdss
— STEPH IS CRYPTO (@Steph_iscrypto) April 30, 2025
The company indicated in a report last Sunday that the pace of institutional adoption of its XRP currency is accelerating, with some of the largest asset management companies submitting requests to create exchange-traded funds (ETFs) linked to the currency, and the imminent launch of XRP futures contracts on the CME Group exchange.
Investment products (ETPs) linked to XRP attracted unprecedented investments totaling $37.7 million during the first quarter of 2025, bringing the total investments into these products to $214 million since the beginning of the year. The increasing interest from small investors in XRP and accelerating institutional adoption may drive its price towards re-testing its all-time high levels as the overall investor sentiment continues to improve.
The daily movements of XRP price provide broad prospects for its anticipated launch.
A recent analysis of XRP price movements based on Elliott Wave theory suggested the possibility of reaching the $7 range in the coming weeks. According to the price movement wave analysis, the fifth wave may provide gains that exceed those of the first wave - in November of last year - with the election of Trump as president and Ripple's legal victory in its dispute with the SEC.
If the price manages to surpass $3.6, these optimistic expectations may be reinforced, suggesting the possibility of a significant increase in XRP price in the medium term. The anticipated positive impetus for rising toward these high levels may come from the Federal Reserve's sudden move to cut interest rates, but momentum indicators have shown signs of weakness according to the daily price movement chart of XRP with the recent upward pace slowing down.
If the price remains above the 200-day Exponential Moving Average (EMA-200) - as has happened in recent months - optimistic long-term price expectations may be reinforced, especially if it successfully stays above the important support level.
Analysts see Ripple's rising wave as just the beginning, and technical analysis indicators for XRP price suggest a strong launch appeared first on Cryptonews Arabic.
