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Discover XRP’s Hidden Potential: 50% Price Surge Looms in June!

Crypto
Last updated: June 1, 2025 11:11 pm
Crypto
Published June 1, 2025
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Discover XRP’s Hidden Potential: 50% Price Surge Looms in June!

XRP’s Potential 50% Price Surge: Key Factors Explained

XRP is currently in a technical bear market, having dropped 37% from its peak this year. Its price is stagnant at $2.140, underperforming Bitcoin, which has gained 15% in 2025. However, there are signs that XRP could surge by 50% and reach $3.4 by June.

One major factor is the upcoming decision by the Securities and Exchange Commission (SEC) on Franklin Templeton’s XRP ETF. The SEC will decide by June 17. If approved, it could attract over $8 billion in its first year, boosting XRP’s price. However, a delay until October is more likely, with Polymarket traders giving a 21% chance of approval by July 31 and 83% by year-end.

Crypto traders are optimistic about XRP’s future. The eight-hour funding rate has been positive, indicating traders expect higher prices. A positive funding rate is a good sign in perpetual futures.

Bitcoin’s potential bullish breakout could also benefit XRP. Analysts predict Bitcoin could surge to $143,000, which would likely push other cryptos higher.

Technically, XRP shows strong signs of accumulation.The accumulation and distribution indicators suggest XRP is in the accumulation phase of the Wyckoff Theory. It has also formed a bullish pennant and an inverse head-and-shoulders pattern. A breakout could see XRP retest the $3.3842 resistance, up almost 50% from current levels.

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