$XRP (Ripple) is trading at $3 while major catalysts align for a potential 75% surge to $5.2.
While Ethereum and Binance Coin are reaching new all-time highs, XRP has quietly consolidated around $3. But don’t be fooled by this sideways movement: three major catalysts are aligning that could propel XRP up 75% in the coming weeks.
The technical setup for XRP promises a breakout.
XRP is holding at a very competitive level of $3 right now, with a 90% increase from its yearly lows. But here’s where it gets interesting: the charts show a landscape that excites traders.
First, a classic bullish flag pattern is forming on the daily chart. Think of it as a brief pause before the next bullish leg. The flag measures point to a target of $4.6 once XRP breaks above this consolidation.
But that’s just the appetizer. The main course is a massive cup and handle pattern that has been brewing since January. This beast has a depth of 53%, and doing the math, it points to an impressive target price of $5,200. That represents an upside of about 75% from our current position.
Two overlapping bullish patterns? That’s the kind of setup that gets cryptocurrency traders excited.
✨XRP Excitement for the ETFs reaches a fever pitch.
Here’s where it gets interesting. Ten major companies, including Invesco, Franklin Templeton, and Bitwise, have jumped into the competition for spot XRP ETFs. Polymarket and Kalshi betting markets now estimate an 85% approval probability.
Why should you care? Well, look at what happened with $ETH ETFs. They have captured the impressive figure of $12.4 billion in net inflows, demonstrating that there is real interest in altcoin ETFs beyond Bitcoin.
XRP is already showing promise in this sector. The Teucrium XRP ETF has attracted over $400 million in assets in a matter of months, while the ProShares XRP ETF has surpassed $100 million. And these are just the leveraged versions; spot ETFs typically have much more activity.
When these ETFs are approved, fund managers will need to buy XRP tokens to back their shares. A lot of buying pressure is expected.
The Ripple ecosystem is on fire.
The third piece of the puzzle is what’s happening behind the scenes in Ripple. Its stablecoin, Ripple USD (RLUSD), is close to reaching $700 million and is gaining traction.
Big names are already using RLUSD: it powered the recent IPO of Bullish and could also participate in Gemini's upcoming public offering. Additionally, Ripple just acquired Rail, which should give RLUSD greater power in the payments market.
The numbers confirm it: RLUSD's transaction volume increased by 15% last month, reaching $2.7 billion. This is due to real use, not just simple speculation.
All of this feeds into the most important mission of replacing the old SWIFT network with a faster and cheaper one. As more institutions join in, the demand for XRP should continue to rise.
With technical patterns aligning, ETF approval probabilities increasing, and the ecosystem rapidly expanding, $XRP Maybe we are just gearing up for that 75% jump everyone is talking about.