XRP ETF Speculation Keeps Price in $2.00–$2.35 Range
XRP price trades in a narrow $2.00–$2.35 range as XRP ETF speculation mounts. Ripple’s withdrawal of its SEC appeal has sharpened regulatory clarity. Bloomberg analysts now assign a 95% probability of SEC approval for XRP, SOL and LTC ETFs in 2025. On-chain metrics show modest inflows, reflecting cautious investor confidence.
Key technical indicators show resistance at $2.35, with support at the 20-day EMA ($2.17) and 50-day SMA ($2.24). A rebound from the 20-day EMA could push XRP price toward $2.65, while a break below could see a drop to $2.06, $2.00 and possibly $1.61. On the 4-hour chart, holding the 50-day SMA is crucial to avoid steeper declines. Conversely, a break above the inverse head-and-shoulders neckline would complete a bullish pattern targeting $2.76.
Traders focused on the XRP ETF approval saga should track these support and resistance levels, monitor technical indicators and stay updated on SEC developments and on-chain activity to gauge near-term momentum.
Bullish
Regulatory clarity from Ripple’s SEC appeal withdrawal and a 95% estimated chance of XRP ETF approval are strong bullish catalysts. Modest on-chain inflows and a tight trading range indicate accumulation ahead of a potential ETF launch. Key technical levels at the 20-day EMA and 50-day SMA define critical support for near-term momentum. A breakout above the inverse head-and-shoulders neckline would reinforce a positive outlook. Overall, these factors point to bullish market behavior for XRP in both short and long term.