Analyst: XRP price could reach $5 by the end of 2025 due to rising ETF optimism
According to Cointelegraph, analyst Milkybull pointed out that the cup and handle pattern of XRP may drive the price to reach $5 by the end of the year. Technical analysis shows that the cup and handle pattern typically forms at the market bottom, representing a period of accumulation and short-term pullbacks.The price target for XRP is $5, expected to rise about 103% from current levels. This prediction is driven by optimism 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 may open the 'floodgates' for ETFs, pushing XRP spot products into the U.S. market.