XRP buying and selling volumes have doubled previously 24 hours. Though the worth motion has not reacted as anticipated but, one thing might be brewing as bulls might be accumulating tokens at these low costs in anticipation of the token’s subsequent leg up.
Yesterday, the market reacted fairly positively to the approval of the primary Solana exchange-traded fund (ETF) in the US.
This might be a pivotal second for altcoins that favors a bullish XRP worth prediction as this token’s worth motion exhibits indicators of great compression, which regularly anticipates an upcoming breakout.
The REX-Osprey SOL + Staking ETF (SSK) is anticipated to hit the buying and selling flooring on Wednesday and, because of this, Bloomberg has raised the chances that an XRP ETF can be authorised this yr to close-to-sure-thing 95%.
🚨 BREAKING 🚨
Bloomberg simply raised the chances of a spot $XRP ETF approval to 95%.
Sure, ninety-five.
As soon as sued, ignored, and counted out… now it’s knocking on Wall Road’s entrance door.
XRP wasn’t the villain. It was the prologue. 👀 pic.twitter.com/EhZvvWBQ7n
— John Squire (@TheCryptoSquire) June 30, 2025
As John Squire emphasised, this can be a true comeback story as Ripple, as soon as battered by the SEC’s aggressive push in opposition to crypto adoption, has emerged victorious from its authorized battles and has a transparent runway to additional increase its ecosystem.
XRP Worth Prediction: Weekly Flag Sample Favors Bullish Outlook
Previously few months, XRP has confronted important worth compression, which means that the worth motion has been confined to a slender vary.
This usually signifies that the market is in a stage of accumulation the place volatility is stored in test as deep-pocketed buyers progressively amass giant quantities of the asset forward of its subsequent bull run.
On a weekly time-frame, we are able to see how a bull flag sample has been forming for the reason that starting of December.
The worth motion is now approaching the higher sure of this technical setup for a 3rd time and bulls might attempt to push the worth increased to faucet on the liquidity that lies above the $3 mark.
A believable XRP worth prediction if a bullish breakout is confirmed would set the subsequent goal at $4.
We will see that momentum readings have been stalled for some time, additionally indicative of an ongoing consolidation, whereas the 9-week and 21-week EMAs have skilled compression as properly and presently sit above one another.
All of those indicators level to a section of accumulation unfolding. So, buckle up, the subsequent transfer for XRP might be explosive.
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