Key Insights:
- XRP reached a weekly high and reclaimed the $2.20 level supported by three consecutive days of gains.
- Trading volume declined by 42 percent in the last 24 hours indicating reduced buyer participation despite bullish momentum.
- XRP price prediction remains focused on holding above the $2.17 pivot to target resistance levels at $2.23 and $2.26.
XRP advanced to a new weekly high, recovering the $2.20 level as bullish momentum dominated midweek trading activity. The digital asset posted three consecutive daily gains, placing the short-term XRP price prediction in a favorable light. But the volume of trading fell sharply a fact indicating a decline in purchasing interest in the face of increased overall optimism in the markets.
The recovery of prices that happened in recent times was possible despite the lack of a change in fundamental catalysts, which served as a sign that speculative mood is still dominant. XRP price prediction remains steady as it pivots around $2.17, with near-term movement dependent on broader market trends. Although XRP climbed back above a key support level, subdued activity may limit gains unless fresh developments emerge.
In the meantime, players of the market are focusing on the next resolution of the case between Ripple and the SEC, as well as the possibility of a spot ETF. While optimism surrounding the lawsuit has been partially priced in, XRP price prediction hinges on the materialization of new market drivers. Another potential major catalyst of bullish action is the successful ETF approval in Q3.
XRP Price Prediction Eyes $2.26 as Bulls Hold $2.20
XRP maintained its strength above $2.20, signaling strong buyer control and potential for another upward push in coming sessions. XRP price prediction holds firm, with the next resistance targets set at $2.23 and then $2.26 if bullish pressure continues. A near break over the levels would look promising to achieve new highs.
However, recent trading performance is somewhat divided due to the fact the trading volume fell by 42 percent over the last 24 hours. The current decline is accompanied by an increase in the open interest by 4.08 percent or, in other words, speculative accumulation up to 3.86 billion dollars. As a result, XRP price prediction remains moderately optimistic but cautious on short-term acceleration.
The pivot of 217 is the immediate price to monitor since sustaining the price above will preserve bullish trend. A breakdown below this point may shift the XRP price prediction downward, targeting $2.11 as primary support. The bearish forces may further push the market to down to 2.06 where buyers may attempt to regain control.
XRP ETF Approval Could Shift Momentum
Market observers continue to monitor developments in the Ripple vs SEC legal case, a key catalyst tied to XRP’s long-term trajectory. While a resolution remains pending, XRP price prediction factors in its potential impact on broader investor confidence. But at the same time, there is no authoritative update, so price momentum can be held within the range.
Attention has shifted to the more significant possibility of a spot XRP ETF approval, likely in the third quarter of this year. Analysts consider this a potentially transformative event, capable of amplifying institutional demand and reshaping the XRP price prediction. Until that time the behavior in the market place could be speculative and trend driven.
Meanwhile, Bitcoin’s recent surge above $110,000 adds upward pressure across the crypto market, potentially lifting XRP in tandem. If bullish sentiment persists across majors, XRP price prediction could benefit from broader capital inflows and renewed enthusiasm. But volume and conviction will be instrumental in keeping any break out going.
$1,000 XRP Prediction Sparks Community Buzz
Speculative posts have circulated widely online, linking Ripple Co-founder Chris Larsen to a bold $1,000 XRP price prediction. These claims state XRP would reach that level if Ripple captures 10% of SWIFT’s global payments volume. However, no credible evidence confirms Larsen made this specific statement.
In past public appearances, Larsen and Ripple executives discussed disrupting SWIFT, but avoided stating fixed XRP price outcomes. Notably, Ripple CEO Brad Garlinghouse once envisioned XRP handling up to 14% of global transactions, though without projecting token prices. The viral $1,000 claim appears to stem from community speculation rather than official sources.
Despite its dubious origin, the projection has energized parts of the XRP community, fueling long-term bullish sentiment. XRP price prediction for the short to medium term remains grounded in market structure and regulatory clarity.