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The post XRP Price Today: Analysts Predict Breakout to $5.85 & Beyond appeared first on Coinpedia Fintech News
XRP is back in the spotlight as growing speculation about an XRP ETF sparks investor enthusiasm. With 2025 shaping up to be a potential breakout year, XRP has surged 8%, coming close to the $3 mark. The rise in trading volume and market confidence suggests the token could be on the verge of a major move. Analysts believe XRP needs just one key shift to push it even higher.
Trading Volume Jumps as Investors Bet on XRP
XRP’s trading volume has increased by 63% to $8.79 billion, signaling strong buying interest. Data from CoinGlass shows a 10% rise in XRP Futures Open Interest, indicating that traders expect further gains. Analysts are watching key resistance levels that could unlock higher price targets.
Crypto analyst Dark Defender has identified $2.90 as a major breakout level. If XRP crosses this point, it could climb to $5.85.
Meanwhile, EGRAG CRYPTO highlights $2.94 as another key barrier, suggesting that once crossed, the next targets would be $3.22 and $3.40.
On the top, Ali Martinez also emphasizes the importance of holding above $2.30, as it would keep the bullish momentum intact.
XRP ETF Hopes Drive Market Excitement
One of the biggest factors pushing XRP’s price higher is the speculation around an XRP ETF. The US SEC recently acknowledged a filing for an XRP ETF by 21Shares, following its acceptance of other altcoin ETF applications, including Dogecoin.
This has fueled optimism that an approval may be on the way, potentially opening XRP to large-scale institutional investments.
Regulatory Shifts in Focus
Changes in US regulatory policies have further strengthened the positive outlook for XRP. Following Donald Trump’s election win, many traders expect a more crypto-friendly stance from the government, which could boost XRP and the broader market.
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There are also rumors that the US government is considering establishing a crypto reserve, with XRP as one of the potential candidates. Adding to the speculation, some believe Ripple’s CEO, brad garlinghouse
brad garlinghouse
Brad Garlinghouse is the CEO of the financial technology company Ripple Labs, he is an extremely popular name across the global crypto landscape. He has previously served as the CEO of Hightail, a file-sharing service, and is also an active angel investor. He joined Ripple as COO in April 2015, answering to the CEO and prime supporter, Chris Larsen. He was elevated to CEO in December 2016. Initially, he worked at AOL and Yahoo! From 2003 to 2008, he filled in as Senior Vice President at Yahoo!, where he ran its Homepage, Flickr, Yahoo! Mail, and Yahoo! Courier divisions. While at Yahoo!, he wrote an inner update known as the "Peanut Butter Manifesto," requiring the organization to zero in on its core business instead of extending itself excessively far, much like peanut butter.
Details:
Organization: RippleLocation: United StatesEducation: MBA from Harvard Business School and BA from The University of KansasSkills: Venture capital and Startups
Experience:
CEO at Ripplefrom from Jan 2017 - Present ·President and COO at Ripple logo from Apr 2015 - Dec 2016Board Member at Animoto from 2012 - Dec 2017Tonic Health, an R1 company logoBoard Member at Tonic Health from 2011-2016Board Member at Ancestry from 2013 - 2016CEO at Hightail from May 2012 - Sep 2014
FAQs
Who is Brad Garlinghouse?The CEO of Ripple, a financial technology business that specializes in blockchain technology and the cryptocurrency XRP, is Brad Garlinghouse. He has played a significant role in advancing cross-border payments using blockchain technology.What is Brad Garlinghouse's role at Ripple?Garlinghouse is in charge of Ripple's expansion and strategic direction in his capacity as CEO. Ripple has concentrated on using blockchain technology to enhance international payment networks under his direction.
EntrepreneurInvestorChief Executive OfficerBoard Member
, could be joining Trump’s crypto advisory board, further increasing investor confidence.
Ripple vs. SEC Lawsuit Nearing a Conclusion?
Another major driver behind XRP’s surge is the possibility that Ripple’s long-running legal battle with the SEC may be coming to an end. Legal expert Jeremy Hogan has suggested that the case could be resolved before an XRP ETF gets approved. If the lawsuit is dismissed, it would remove a major hurdle that has held back XRP’s growth for years.
XRP Current Price Outlook
With strong momentum and multiple bullish factors in play, analysts believe XRP could soon break past $3.40. If key resistance levels are surpassed, price targets range from $5.85 to as high as $8. The combination of ETF speculation, regulatory changes, and legal clarity could make this one of XRP’s biggest rallies in recent years.
With momentum building and major catalysts in play, XRP’s next move could be its most explosive yet.
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FAQs
XRP might reach a high of $3.99 with an average of $3.07.
As per our XRP price prediction 2040, Ripple could reach a maximum price of $148.37.
By 2050, a single Ripple price could go as high as $418.73.
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