XRP Price Prediction: As SEC Acknowledges Grayscale XRP ETF Filing And Analyst Sees $6 Ripple Token Price, This Crypto Index Closes On $4M
The XRP price has slumped 1% in the last 24 hours to trade at $2.66 as of 3:30 a.m. EST on a 30% plunge in trading volume to $3.75 billion. The drop in the XRP price comes despite growing optimism around spot XRP ETFs, with the SEC acknowledging multiple filings, including CoinShares, Grayscale, 21Shares, and Bitwise. Additionally, Brazil’s securities commission approved the country’s first spot XRP ETF by Hashdex. BREAKING: 🇺🇸SEC HAVE ACKNOWLEDGED GRAYSCALE’S 19B-4 FILING FOR SPOT $XRP ETF. SEND XRP TO $5 NEXT !!! pic.twitter.com/c6XdKruOfn — Ash Crypto (@Ashcryptoreal) February 13, 2025 Meanwhile, crypto commentator Polly predicts market makers are preparing the Ripple token for a new all-time high. The crypto trader believes the SEC-Ripple lawsuit will be resolved by February’s end. This would trigger a “god candle” for the asset, allowing XRP to reach as high as $6 within the next 10 days. $XRP has the best looking ...