Is XRP About to Break Free or Stay Stuck in a Price Rut? The SEC’s Big Decision Awaits!

by

Ah, XRP—forever capturing the headlines, much like a favorite character in a long, slow-paced Russian novel, forever teetering between possibility and doom. The odds of the U.S. Securities and Exchange Commission (SEC) finally giving the green light to a Spot XRP ETF have surged to a heart-stopping 95%. Oh, the sweet, sweet promise of regulatory approval, gently cradled in the arms of Bloomberg analysts James Seyffart and Eric Balchunas, who’ve graciously placed XRP in the company of Litecoin and Solana. These two, by the way, are also vying for the crown of ETF greatness, but I digress.

Several firms—Grayscale, Bitwise, Canary, 21Shares, WisdomTree, CoinShares, and Franklin—have all lined up, eager to submit their applications for the coveted Spot XRP ETF. The very first application was filed on January 30, 2025, which was acknowledged by the SEC almost immediately. The great unveiling, the final judgment, is set for October 17, 2025. You can almost hear the clock ticking, can’t you?

And yet, despite this slow, almost poetic regulatory momentum, XRP’s price has been as predictable as an overcast sky. The token is locked in an eternal dance between $2.19 and $2.35, a constant flirtation with resistance and support levels that is, frankly, getting a bit tiresome. To be sure, unless XRP decides to break free and soar past $2.35 or plummet below $2.19, it will likely continue its sideways waltz for days, weeks, or—dare I say—eternities. Should it fall below $2.19, we may be forced to witness the somber return of the $2.05 to $2.10 region. On the other hand, if it somehow bursts above $2.35, we may see a brief but joyous rally. A true rollercoaster, indeed. 🎢

XRP Price Prediction

CoinCodex, that ever-so-wise oracle of the crypto world, predicts that XRP will experience steady growth in the second half of 2025. In July, the price is forecasted to range between $2.16 and $2.47, offering a potential 11.14% return for the brave souls who dare to enter at these levels. How splendid, right? But wait, August might see a slight increase, with prices creeping to a range of $2.18 to $2.50, as though teasing us with the faintest promise of prosperity. 🙄

By September, XRP might push to $2.47, with a trading range of $2.29 to $2.60. But don’t get too comfortable; October will likely stay positive, with prices hovering between $2.32 and $2.56, although we might see a slight dip here and there—because, why not? By December, however, we might end the year on a high note. Prices are expected to move between $2.28 and $3.20, with the possibility of a 44.10% return if the stars align and the market behaves—an ending fit for a Russian novel, indeed! 🎉

Read More

2025-07-06 09:07