- XRP broke out from a symmetrical triangle, signaling a potential rally to $15.
- Trump’s executive order and rising adoption boost investor confidence in Ripple’s future.
- SEC lawsuit settlement and ETF approval could drive massive institutional investment in XRP.
Ripple’s XRP has been gaining strength, pushing past $2.30 and drawing attention from analysts. Many predict a massive rally, with projections reaching $15. Investors believe a key catalyst could drive this surge—a potential XRP exchange-traded fund (ETF). A settlement in the SEC lawsuit could also remove major roadblocks. On-chain data shows rising adoption, with wallet addresses hitting record highs. Momentum continues to build, signaling a crucial moment for Ripple’s future.
XRP Breaks Out: A Bullish Signal?
Analyst Ali Martinez highlighted a breakout from a symmetrical triangle pattern formed since 2018. This technical setup often leads to strong price movements. If buying pressure holds, XRP could climb to $15. A major boost came after Donald Trump’s election victory in 2024. Since then, XRP has surged over 220%.
Trump’s executive order recognized XRP as part of the United States’ digital asset reserves. This official acknowledgment increased confidence in Ripple’s long-term potential. On-chain data supports this bullish outlook. The total number of XRP addresses has reached 6.87 million. More investors are entering the market, reinforcing optimism for future price growth.
XRP ETF and SEC Lawsuit: A Defining Moment
The crypto world eagerly watches the SEC vs Ripple lawsuit. Experts predict a settlement by April 2025. Possible outcomes include a dropped appeal, a reduced penalty, or a full case dismissal. Probabilities for each scenario range between 15% and 35%.
Meanwhile, Franklin Templeton has filed for an XRP ETF. Investors hope new SEC chairman Paul Atkins will approve the application. If approved, institutional investment could flood into Ripple, creating massive demand.
For now Ripple’s XRP is no doubt at a turning point. Adoption is rising, technical indicators show strength, and legal clarity may arrive soon. If an ETF launches, XRP’s journey to $15 could happen faster than expected.
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