XRP’s historical peak was close to $3.84 (early 2018), and it has experienced regulatory turmoil and technical integration in the following years, and has yet to return to its previous high. This time, the ETF hotspot has reignited market confidence, with the target raised to $4.60, aiming to break through the historical peak.
XRP has long been excluded from the sight of institutional investors due to the SEC lawsuit. However, as Ripple achieves interim victories in its legal battle with the SEC, coupled with the rising calls for ETF applications, the market is beginning to believe that XRP’s “cleansing” moment is imminent.
The approval of the ETF will allow traditional financial institutions to allocate XRP through legal channels, thereby enhancing liquidity and valuation, which will provide substantial support for the price of XRP.
Polymarket gives a 95% probability of ETF approval, which has sparked retail enthusiasm, but it may also create a high-risk situation of “buy the rumor, sell the news.” Some traders are worried that if the ETF is delayed or fails, the current sentiment may quickly turn cold, leading to a short-term drop in XRP.
These signals overlap, indicating that XRP is in the early stages of a structural upward trend. If accompanied by increased volume, the price is expected to test higher targets.
Although “XRP price is expected to rise to $4.60” is seen by many analysts as a reasonable target in the short to medium term, the market is never short of risks. Investors are advised to remain rational amidst emotional surges, learn to position themselves rather than gamble, and respond to each wave of the market with strategy rather than impulse.
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