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Reading: Ripple’s XRP Shakes Markets With Thrilling New ETF Announcement
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COINTURK NEWS > Ripple (XRP) > Ripple’s XRP Shakes Markets With Thrilling New ETF Announcement
Ripple (XRP)

Ripple’s XRP Shakes Markets With Thrilling New ETF Announcement

In Brief

  • XRP included in Trump's ETF proposal alongside major cryptocurrencies.

  • Following the announcement, XRP's price rose by 6% to approach $2.60.

  • Inclusion in the ETF basket could draw institutional interest to XRP.

Ömer Ergin
Ömer Ergin 10 months ago
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Ripple $1‘s cryptocurrency, XRP, made headlines once again after being included alongside Bitcoin $76,429, Ethereum $2,262, Solana $83, and Cronos in the “Crypto Blue Chip ETF” application filed by Donald Trump’s Truth Social platform to the United States Securities and Exchange Commission (SEC). Following the announcement, XRP experienced a 6% surge in the last 24 hours, reaching $2.57, and it managed to approach the $2.60 threshold in a short time. Analysts believe that breaking the long-standing resistance in the $2.31–$2.36 range has opened the doors for a new rally. The focus now is on both the ETF approval process and whether XRP can pass $2.60 sustainably.

Contents
ETF News Spurs XRP Price MovementFuture Targets Through Technical Analysis

ETF News Spurs XRP Price Movement

The Trump-backed ETF application terminated the long-standing horizontal movement that XRP had been experiencing. The application was publicly disclosed on July 8, 2025. Thus, XRP became the fifth cryptocurrency to be included in Truth Social’s investment fund plan. The news had a notable impact on trading volume as well, with the 24-hour volume experiencing a significant rise. The price ultimately surpassed the strong barrier in the $2.31–$2.36 range. Investors anticipate that further announcements from the US regulators in the days ahead will shape the price direction.

Crypto Blue Chip ETF and XRP Coin

Inclusion within the ETF basket is perceived as a potential catalyst that could garner institutional interest in XRP. Analysts suggest that if the fund materializes, it would ease access to XRP for a broader range of investors. In the short term, the market closely watches the permanent overcoming of the interim hurdle around $2.44, as sustained levels above this point would bring the $2.60–$2.65 range into play.

Future Targets Through Technical Analysis

Comments highlighting that XRP coin has entered a strong rising phase resembling a third wave dominate the price chart analysis. The $2.31–$2.36 range is now positioned as the first strong support level. In potential corrections, the price is expected to hold onto this band. In the short-term outlook, even retreats to $2.25 do not disrupt the technical structure.

On the way up, the target following $2.67 is set at $3.30. Long-term projections suggest ambitious levels such as $5.00 and $9.81, provided market conditions remain favorable. Nonetheless, analysts recall that these impressive targets are only possible with high overall market optimism.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Ömer Ergin 11 July, 2025 - 11:49 am 11 July, 2025 - 11:49 am
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