XRP price may reach $5 by the end of 2025, as ETF optimism rises
According to Cointelegraph, analyst Milkybull pointed out that the cup and handle pattern for XRP could drive the price to $5 by the end of the year. Technical analysis shows that the cup and handle pattern typically forms at market bottoms, representing an accumulation phase and a short-term pullback.
The price target for XRP is $5, expected to rise by about 103% from current levels. This forecast is driven by optimistic sentiment surrounding the XRP ETF, especially after the U.S. Senate reached an agreement to end the longest government shutdown in history.
The DTCC website lists 11 XRP ETF products, with major issuers including 21Shares, ProShares, and Franklin Templeton. Analysts believe that the end of the shutdown could open the 'floodgates' for ETFs, driving XRP spot products into the U.S. market.