#XRPETF ٠
XRP's price stabilizes at $2.19, up by 9% over two weeks. Is it preparing for a strong breakout with clearer regulatory scenery? The price of Ripple (XRP) rose by 9% over the past two weeks to stabilize around $2.19 yesterday due to increasing institutional interest. One of the main catalysts for its momentum is the anticipated launch of XRP futures contracts on the CME (XRP CME Futures) on May 19, which will be settled in cash according to the announced XRP/USD pair index for this market, termed CME CF XRP-Dollar Reference Rate.
Starting May 19, trade regulated, capital-efficient futures on XRP, available in larger- and micro-sized contracts, so you can scale your exposure with greater precision and flexibility.
More on XRP futures https://t.co/SzDtBmkG7r pic.twitter.com/BDJRzYSvTd
— CME Group (@CMEGroup) April 24, 2025
According to Giovanni Vicioso - Global Head of Digital Currency Products at CME Group - the increasing demand from institutional players for XRP has encouraged CME Group to launch these contracts. In turn, Ripple Labs CEO Brad Garlinghouse welcomed this development as an 'important step' towards XRP adoption, amid analysts suggesting that the launch of these contracts could provide new liquidity for the currency and grant it more stability, potentially allowing the prominent altcoin to catch up with Bitcoin (BTC) and Ethereum (ETH) in regulated markets.
Key Points:
XRP CME Futures will launch on May 19.
There are two sizes for these contracts: 2,500 and 50,000 XRP.
Analysts see the potential for XRP's price to surge to $6.50 if the positive momentum continues.
The XRP ETF traded in Brazil contributes to increasing investment exposure to the currency.
In another encouraging development, the Brazilian exchange B3 launched the first XRP ETFs traded in the country (XRP ETF) under the name XRPH11, allocating 95% of its assets - managed by Hashdex - directly or indirectly for XRP trading activities, according to the XRP price based on the Nasdaq XRP Reference Price Index.
The world’s first Spot XRP ETF going live in Brazil is a pretty freaking big deal #XRP pic.twitter.com/SxGnpXQ2jy
— Jonathan (@jonathan_wcm) April 26, 2025
Despite facing regulatory hurdles for the creation of an XRP ETF in U.S. exchanges, the launch of its Brazilian counterpart represents an important development as it allows investors outside the U.S. to access XRP in a regulated manner, bolstering Ripple's global efforts.
Key Points:
Brazil launches the XRPH11 fund tracking the Nasdaq XRP index.
95% of the fund's assets are allocated to XRP.
The launch of the fund contributes to enhancing institutional adoption of the currency outside the United States.
XRP price movements suggest it may break through the $2.30 barrier and beyond.
Technically, the XRP/USD pair price has remained stable within a range between $2.19 and $2.21, continuing its trajectory above its upward trendline since mid-April; this coincided with the stabilization of the 50-day Exponential Moving Average (EMA-50) at $2.18.
While the price faces resistance at the $2.30 barrier, which has long represented a strong resistance area, if the price successfully breaks through this barrier strongly, it may continue its upward trajectory targeting $2.36 and $2.42 in the near term; thus, the MACD indicator beginning to stabilize suggests the possibility of a slight price retracement that may allow for additional declines.
Proposed Trading Strategy:
Buy on breakout: If it successfully breaks through the $2.30 barrier.
Target Levels: $2.36 and $2.42.
Stop Loss: Breaking the $2.17 level.
Newcomers to the sector can easily understand this strategy, which suggests that it is advisable to avoid purchases as long as the price remains within the indicated range, while continuing to monitor for a strong breakout above the $2.30 barrier or a rebound upwards from its upward trendline.
Final Summary:
Given that XRP's price has risen by 9% over two weeks, gaining increasing institutional support and greater clarity on regulatory frameworks, it seems XRP's price is poised for a breakout. Therefore, it is advised to monitor the $2.30 barrier closely; if the price successfully breaks through it, it may continue to rise targeting higher levels.
