Main insight:
XRP (XRP) recovered losses incurred between Wednesday and Friday, maintaining a level around $2.26, reflecting an increase of 9.7% from its recent low of $2.06.
Experts indicated that the altcoin might surge into double digits amid rising enthusiasm regarding a potential spot XRP ETF approval in 2025.
Prospects for XRP ETF approval surge to 98%
The probability of the US Securities and Exchange Commission (SEC) endorsing a spot XRP exchange-traded fund (ETF) in 2025 rose to 98% on Tuesday, as per Polymarket data.
Several spot XRP ETF applications from key entities such as Bitwise, Grayscale, Franklin Templeton, and 21Shares have heightened pressure on the SEC, suggesting strong interest in regulated XRP investment instruments.
The introduction of XRP futures ETFs by the CME Group on May 19, with $19 million in first-day trading activity, indicated market maturity and institutional engagement, addressing SEC worries regarding regulated derivatives markets.
Three firms from different industries have announced intentions to invest over $471 million in XRP reserves, including Webus International’s $300 million XRP strategic reserve filing with the SEC, further highlighting corporate adoption and increasing institutional confidence.
🚨 BREAKING: Chinese company Webus submits a filing with the US SEC to secure $300M for $XRP treasury project and Ripple payments integration. pic.twitter.com/J2dgaCxBfN
— Cointelegraph (@Cointelegraph) June 4, 2025
Such elements and Ripple’s legal clarity following the SEC’s dismissal of a lawsuit in March have reinforced market sentiment.
Notwithstanding SEC delays concerning the filings, the CME futures market’s achievement and corporate strategies have elevated Polymarket’s approval expectations from 68% in April to an impressive 98% by early June, indicating hopes for approvals by December 31.
Approval of these instruments could unleash institutional capital, enhancing demand for XRP and potentially boosting prices, with some analysts forecasting $50 should major entities like BlackRock become involved.
Analysts predict XRP price exceeding $25
XRP price has remained below $3.00 since February 1, yet analysts assert that the cryptocurrency could experience a substantial recovery from the current position, targeting $25 and up.
XRP’s price is “aiming for double digits” in 2025, according to market analyst Egrag Crypto.
proposed that XRP’s price might climb to $20, potentially reaching $27 based on historical price trends and timelines.This examination utilizes the relative positions of the 21-week exponential moving average and the 33-week simple moving average as essential indicators to pinpoint potential reversal points.
The assessment also takes into account the development of a bull flag in the monthly time frame, indicating a continuation of the uptrend towards $20, followed by a likely 86% decline to $3.00 amid the bear market.
“The measured move suggests $20, but I anticipate the next #Bullish phase could be severe and might fall akin to the 2021 bear market – approximately 86%. That might bring #XRP down to around $3.00 if we reach $27.”
Another analyst, Jaydee_757, echoed this view, stating that XRP’s present technical formation is “drawing parallels to the 2017 hidden bullish divergence” within the weekly time scope.
Related: 5 XRP charts suggesting a price rally toward $3 in June
Jaydee_757 explained that the bullish divergence in 2017 resulted in a 20-fold increase in XRP price from about $0.0055 to record highs above $3.40.
Should the 2017 scenario repeat, the manifestation of the bullish divergence could propel the price toward $25 and beyond, yielding an increase of over 1,000% from current figures.
Jaydee_757 also mentioned that this enormous rally could be succeeded by a 90% price crash during the bear market, implying that $25 might represent the peak for XRP’s bullish cycle in 2025.
“The present situation features a similar pattern! A monumental move to $25, followed by a historical downturn.”
These analyses corroborate previous forecasts of XRP approaching $27 based on chart fractals, Elliott wave analysis, and Fibonacci retracements.
This piece does not comprise investment advice or suggestions. Every investment and trading action involves risk, and readers should perform their own due diligence when making decisions.