$XRP 1. New Historic High
XRP has strengthened its gains to surpass the $3.70 level, exceeding 2018 levels, with a 50% increase in daily trading volume on the XRP Ledger (reaching about $1.4 billion). This technical rise is supported by the formation of a 'golden cross' on moving averages, positive divergences in MACD, and an expanding gap between SMA-20 and SMA-200.
🏦 2. Impact of 'Crypto Week' Legislation
A series of laws like the Genius Act and Clarity Act in the United States have boosted institutional confidence in digital currencies, including XRP, which saw an increase of over 3% during the trading day.
These legislations regulate stablecoins and clarify the status of digital assets, helping XRP attract the attention of investors.
💼 3. Emergence of XRP-based Exchange-Traded Funds (ETFs)
We have seen the launch of several futures-based XRP exchange-traded funds (such as XXRP, XRPI, XRPT, UXRP), with some recording increases of over +100% within a month.
Such funds provide an institutional means of exposure to XRP without directly owning it, enhancing market legitimacy.
🤖 4. Future Predictions and Forecasts
Famous analyst Peter Brandt predicted that XRP could rise by an additional 60%, reaching around $4.47 soon.
Google's Gemini AI model also indicates the possibility of XRP reaching new peaks during the second half of 2025.
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