Latest XRP News: Price Trends, Spot XRP ETF Updates & Short-Term Forecast

The latest XRP news highlights a mix of cautious optimism and market volatility as the Ripple token trades around the $2.18–2.28 range. Daily volume and active wallets have increased modestly, yet technical indicators suggest that key resistance and support levels are forming. Let’s unpack the factors shaping XRP ETF interest and what analysts predict for its near-term future.

Current Price Trend

According to CoinGecko and crypto.news data indicates that XRP is currently trading at approximately $2.28, representing a 4.5% daily increase and a 5.6% rise over the past week. This uptick coincides with renewed attention on spot XRP ETF speculation. However, market participants are closely watching technical signals: a “death cross” (a bearish crossover where the 50-day moving average falls below the 200-day) recently appeared, raising caution among chart analysts.

Active on-chain data echoes similar concerns. The accumulation of 190 million XRP by whales occurred even as the death cross formed, suggesting that larger investors are holding steadier. Meanwhile, traders note that XRP remains range-bound between key resistance levels near $2.30–$2.50 and support around $2.17–$2.20. In essence, XRP remains in a “wait-and-see” mode as short-term volatility lingers.

Is XRP Expected to Skyrocket?

Despite the bearish technical indicators, bullish catalysts are forming. Spot XRP ETF approval is edging closer, with Franklin Templeton’s filing now under SEC review until June 17, 2025. Analysts at Crypto‑News‑Flash report a 93% odds of acceptance by year-end, with a June decision poised to move markets dramatically. Historically, ETF approvals have triggered explosive rallies – Bitcoin’s 2024 ETF launch coincided with a 127% surge from $43,000 to over $100,000. A similar move could stoke XRP’s upward momentum.

Crypto-news‑flash highlights three reasons XRP could “explode”: ETF approval, a potential Fed rate cut in June, and positive court developments in the Ripple vs. SEC case. Meanwhile, whale traders have front-run ETF optimism, buying into the $2.20–$2.40 band.

Nonetheless, caution prevails. ETF inflows into leveraged XRP products have plummeted, declining 98% over the past three weeks. Plus, lingering legal uncertainty means a surge could be short-lived if regulatory decisions take a turn.

Latest XRP News About Spot XRP ETF

The latest XRP news today signals mixed regulatory signals but growing institutional interest. Franklin Templeton’s spot XRP ETF application, filed in March via Cboe BZX, is awaiting an SEC decision by June 17, 2025. Additional filings include WisdomTree’s XRP Trust, which has advanced into an SEC review stage.

Polymarket predicts a 98% chance of ETF approval by year-end and a 93% probability of a mid-June resolution. BlackRock and JP Morgan project $4–$8 billion could flow into XRP ETFs in their first year.

Still, the SEC has delayed its decision, following familiar precedent seen with other crypto ETFs like Bitcoin and Ethereum ETFs. Yet analysts frequently describe these delays as procedural and not bearish in the long term. Their postponements may extend final decisions to October, but the likelihood remains elevated.

Short-Term Forecast

In the short term, XRP may remain in a consolidation phase while awaiting clarity on its ETF status. The support band between $2.17 and $2.20 is holding firm; a breakdown below that could open up targets near $1.55–$ 1.50. On the flip side, a confirmed breakout above resistance at $2.30–$2.50—fueled by ETF news—could propel XRP toward $3–$5 as speculative money floods in.

Here’s a potential price roadmap for Q3:

Conclusion

In the current landscape, the latest XRP news showcases a token in limbo. Technical signals lean bearish, with indicators like the death cross suggesting downward pressure. However, a looming spot XRP ETF decision, centered on the XRP ETF narrative, could swiftly reverse momentum. With high ETF odds and continuing whale accumulation, XRP stands poised for volatility in either direction.

Short term: The $2.17–$2.20 support range is vital. Long term: ETF approval could trigger a breakout to $3+ this summer. Traders and investors should monitor ETF deadlines, SEC activity, and on-chain volume metrics closely—this is the crux of the latest XRP news shaping future moves.

Source: CoinMarketCap

About the Author: Sarah Zimmerman is a seasoned crypto and Web3 news writer passionate about uncovering the latest developments in the digital asset space. With years of hands-on experience covering blockchain innovations, cryptocurrency trends, and decentralized technologies, she strives to deliver insightful and balanced news that empowers her readers. Her work is dedicated to demystifying complex topics and keeping you informed about the ever-evolving world of technology.