XRP appears ready for another strong rally. Recent developments such as simultaneous XRP ETF proposals, increasing chances of approval, and the official end of the lawsuit are driving positive speculation. Analysts are closely monitoring technical signals and believe that XRP's next move could be very significant.

XRP ETF Proposal Accelerates

After the SEC officially dismissed Ripple Labs' lengthy lawsuit, several large asset management companies such as Canary, CoinShares, Franklin Templeton, 21Shares, WisdomTree, Grayscale, and Bitwise have updated their XRP ETF registration filings.

ETF expert Nate Geraci calls this a "very positive sign" for the XRP ETF, emphasizing the growth momentum in the market. The approval rate for the XRP spot ETF has also reached 85%, and XRP-focused ETFs like Teucrium and ProShares have added hundreds of millions in assets.

Ripple Ecosystem Growth

In terms of the ecosystem, XRP Ledger is still expanding. RLUSD is about to reach an asset level of $700 million and has seen a 15% increase in 30-day trading volume to $2.7 billion.

Analyst Altcoin Gordon notes that the XRP/BTC pair is on the verge of breaking a long-standing 8-year downtrend. He points out several positive factors such as ETF approval, partnerships with Japan's SBI Holdings, and significant upgrades to XRPL.

Price Targets and Technical Outlook

Analyst Dark Defender predicts that XRP will form a Bull Flag pattern similar to what was seen in November 2024, when the token rose from $1.13 to $2.40. He identifies key support levels at $3 to $2.85 and potential targets from $4.39 to $5.85, indicating that XRP may be preparing for another strong rally.

Analyst BarriC is even more optimistic. He predicts that the price of XRP will explode in the coming months and early 2026. He expects XRP to soon exceed $4, potentially reaching a historical peak in the double digits from $10 to $15.

He predicts another major rally in early 2026, potentially pushing the price to $50. If banks start adopting and using XRP, he forecasts that this token could achieve unprecedented growth, starting from $1,000 and above.

Recovery Before a Strong Rally?

Another analyst, Zach Rector, believes that XRP could easily double before the spot ETF launches in the US. However, compared to Bitcoin and Ethereum ETFs, he suggests that prices may pull back after approval. The SEC's delay until the end of October 2025 creates opportunities for a few months of buying based on speculation. However, strong capital flow from institutions could reduce selling pressure.

XRP is currently trading around $3.03, indicating a fairly neutral technical outlook. While the short-term moving average has a slight downtrend, the long-term moving average remains in an uptrend. Overall, XRP is at a critical level, with the potential to break out if the upward momentum returns.

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