- XRP eyes a breakout as accumulation continues between $2.60 and $2.80 range
- Institutional interest surges, fueling optimism for a spot XRP ETF approval
- SEC decision on XRP ETF looms, with Polymarket odds hitting 83% for 2025
XRP continues to generate excitement across the cryptocurrency community, with analysts predicting a potential breakout on the horizon. Since early December 2024, XRP has remained in a steady accumulation phase, testing resistance levels repeatedly between $2.60 and $2.80. Analyst MackAttackXRP, view this price behavior as the precursor to a major rally.
If XRP can overcome this persistent resistance, a sharp upward movement with strong momentum may soon follow. With institutional interest growing and regulatory developments looming, the stage could be set for a transformative shift in XRP’s valuation.
Good morning everyone. I have had a lot of questions in the past few days about what will happen to the XRP price. My answer is still the same: we are in an accumulation phase since early December 2024 and we are constantly finding important resistance between $2.60 and $2.80.… pic.twitter.com/CTR9qBj519
— 🇳🇱 MackAttackXRP® 🇳🇱 (@MackAttackXRP) May 21, 2025
Strong Bullish Structure and Surging Interest
Since November 2024, XRP has followed a clear and consistent bullish market structure. Analysts describe this upward trend as one of the strongest in recent memory. MackAttackXRP emphasizes that this momentum is not random but backed by strong fundamentals and technical patterns.
He points to the large volume of capital waiting on the sidelines, ready to enter the market when the conditions align. This sidelined capital, potentially exceeding $500 billion, represents a significant source of future liquidity.
Moreover, XRP’s growing appeal among institutions is driving speculation around the possible approval of a spot XRP exchange-traded fund (ETF). Approval of such a product would provide mainstream exposure to XRP through traditional brokerage platforms. This development could bring new investors into the market and increase both trading volume and long-term value.
SEC Deliberations and ETF Approval Outlook
While enthusiasm remains high, regulatory delays have tempered short-term expectations. The U.S. Securities and Exchange Commission (SEC) recently postponed its decision on the 21Shares Core XRP Trust.
The review now continues to ensure the proposal meets market integrity and investor protection standards. However, this delay did not surprise experts. ETF analyst James Seyffart noted that the SEC typically uses the full 240-day window for such decisions.
Delays on spot crypto ETFs are expected. A bunch of XRP ETPs have dates in next few days.
— James Seyffart (@JSeyff) May 20, 2025
If we're gonna see early approvals from the SEC on any of these assets — i wouldn't expect to see them until late June or early July at absolute earliest. More likely to be in early 4Q.
The next major milestone arrives on June 17, 2025, when the SEC is expected to issue a ruling on Franklin Templeton’s application for a spot XRP ETF. As one of the largest asset managers in the world, Franklin Templeton’s involvement adds credibility and weight to the process.
Market confidence remains strong, with Polymarket predicting approval odds at 83% within 2025.
