The XRP market is heating up as bullish sentiment continues to grow, fueled by legal developments, promising price forecasts, and speculation surrounding a potential XRP exchange-traded fund (ETF).
With XRP news turning increasingly positive and Ripple seemingly edging closer to mainstream financial integration, analysts believe the token could be poised for a major breakout — potentially hitting $10 by July.
XRP Price Forecast Turns Bullish
Well-known market analyst Egrag Crypto has emerged with a bold XRP price prediction, setting $10-$17 as a possible target by July 21, 2025. According to his assessment, the price movement is closely tied to historical trends in relation to the 21-week Exponential Moving Average (EMA).
XRP is at a critical turning point, with technicals suggesting a possible plunge to $0.65—or a surge to the $10-$17.50 range if key resistance levels are conquered. EGRAG CRYPTO via X
“The last time the 21-week EMA collided with XRP’s price action, it took just 21 days for the asset to surge to its cycle peak,” Egrag explained. If history repeats itself, this technical alignment could act as a springboard toward double-digit territory.
Egrag also extended his analysis beyond July, suggesting that if current patterns persist, XRP may peak as late as November 9, fueling speculation that a prolonged rally is in motion.
Ascending Wedge Signals Imminent Move
Technically, XRP finds itself at a critical juncture. Egrag pointed to the formation of an ascending broadening Wedge — a megaphone-shaped pattern that typically signals heightened volatility and market indecision.
The market has re-entered the support-resistance zone, forming an inverse head and shoulders pattern with consolidation as the left shoulder. Paradigm_Shifter333 on TradingView
While the pattern statistically leans bearish, with a 70% chance of a downside break, Egrag believes a bullish breakout is still in play. For that to happen, XRP must first close above $3.50 and then aim to breach resistance levels at $5 and $6. A successful close above $6 could propel XRP toward $17.50, he said.
Conversely, failure to break these resistance levels could cause XRP to slide back, with downside targets near $1.90 and possibly as low as $0.65.
Resistance Levels and Current Price Action
At the time of writing, the XRP price hovers around $2.14. While that marks a slight increase of 0.60% over the past day, trading volume has dropped by over 60%, signaling waning momentum. XRP must now hold its support at $2 while targeting resistance at $2.24, $2.47, and $2.70 before any serious push toward a new all-time high can materialize.
XRP remains bearish below $2.218, with a potential drop to $1.80 unless a breakout above resistance signals a trend reversal. Source: FenzoFxVroker on TradingView
Another analyst, CasiTrades, also noted XRP’s recent reclaiming of $2.05 as a critical support level. She believes this move completes a 0.786 Fibonacci retracement and opens the door to a Wave 3 impulse, potentially sending XRP to $3.40 and beyond.
Ripple Lawsuit and ETF Buzz Add Fuel
Aside from technicals, the broader XRP market is being shaped by two key narratives: the Ripple lawsuit with the SEC and growing optimism about an XRP spot ETF.
Although Ripple CEO Brad Garlinghouse announced the SEC had dropped its appeal against the Programmatic Sales ruling, the agency has yet to confirm it publicly. This regulatory silence has left many investors in limbo, even as Ripple XRP news leans positive.
In the meantime, legal observers believe the SEC is leaning toward a more relaxed stance on digital assets. Ripple’s Chief Legal Officer, Stuart Alderoty, previously proposed a reduced fine of $50 million and lifting the ban on XRP sales to U.S. institutions — both of which could significantly affect Ripple market sentiment and pave the way for renewed institutional interest.
BlackRock Rumors Drive ETF Excitement
One of the most electrifying developments in the Ripple crypto ecosystem is the potential for an XRP-spot ETF. Currently, 18 XRP ETF applications are under SEC review, and rumors abound that BlackRock may soon join the race.
BlackRock’s silence on an XRP ETF sparks speculation of secret accumulation, while CTF Token eyes a massive DeFi surge amid scarce supply and big-name partnerships. Source: Amonyx via X
Market analyst Andrew from AP Abacus suggested a BlackRock XRP filing is likely in 2025, calling it a “crypto floodgate moment.” BlackRock’s previous success with its iShares Bitcoin Trust (IBIT), which brought in nearly $40 billion in net inflows, has set a precedent for the influence the asset manager could have in the XRP space.
Should BlackRock back an XRP ETF, institutional inflows could surge, propelling Ripple currency price even further and adding legitimacy to its position as a global digital asset.
Could XRP Complement SWIFT?
Beyond legal and ETF developments, XRP’s potential role in international finance is also being reassessed. Ripple executives have long argued that the XRP Ledger (XRPL) offers a faster, cheaper alternative to SWIFT, the decades-old financial messaging network.
Ripple and XRP aim to disrupt the financial system as trillions shift away from SWIFT and the U.S. dollar. Source: BitNewsIndex via X
Brad Garlinghouse previously emphasized that Ripple’s goal is not to replace SWIFT but to work alongside it to improve global payments. Analysts speculate that if XRP handles even 1% of SWIFT’s daily volume — estimated to be in the trillions of dollars — the impact on Ripple price could be monumental.
Final Thoughts: Can XRP Hit $10?
Between legal progress, bullish chart patterns, ETF rumors, and growing utility in cross-border finance, XRP is gathering momentum for a significant move. While reaching $10 by July remains speculative, analysts agree that the conditions are aligning for a strong rally — one that could finally lift the Ripple crypto to a new all-time high.
Ripple (XRP) was trading at around $2.08, down 3.05% in the last 24 hours at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin
Whether it’s $5, $10, or even $27 as some predictions suggest, XRP’s trajectory in 2025 is closely tied to developments in the Ripple lawsuit, regulatory clarity from the SEC, and the outcome of pending ETF approvals. With so many moving parts, investors should brace for volatility — and perhaps a breakout year for XRP.
