XRP has gone up by 10% in the past 24 hours, and trading volumes have nearly doubled as the countdown for the launch of two spot exchange-traded funds (ETFs) has started. Today’s strong uptick favors a bullish XRP price prediction, and here’s why.
Canary Capital and 21Shares finally filed Form 8(a). This is the required paperwork to finalize the listing of their XRP-linked ETFs.
According to Bloomberg’s ETF expert, Eric Balchunas, this kicks off a countdown of 20 days, at the end of which the U.S. Securities and Exchange Commission (SEC) should approve these two vehicles to be listed on the Nasdaq.
Canary’s ETF will trade under the ticker symbol XRPC. Meanwhile, 21Shares does not seem to have received an official ticker yet.
Thus far, the only spot ETF for XRP that has already been listed is the REX-Osprey XRP ETF (XRPR). Since its launch, it has brought in over $100 million in assets.
XRP Price Prediction: 41% Upside Potential in the Short-Term
The 4-hour chart shows that XRP broke a symmetrical triangle that had been forming since the token started its latest downtrend in late October.
The $2.2 level acted as strong support lately. The market seems ready to take off after a brief period of turmoil. A break above $2.35 and the 200-day exponential moving average (EMA) emphasizes the strength of the latest wave of buying pressure.
As a result, we could witness a much stronger move toward, $3 at least if the uptrend breaks past the $2.65 area.
The price should continue to move toward $3.60 if positive momentum gains further steam, indicating a 41% total gain ahead.
Although a $1,000 XRP may still be out of reach this year, a move to $10 looks far more realistic as institutional adoption accelerates and real-world use cases expand.
Beyond XRP, early-stage crypto presales are where the biggest upside lies — and few are making waves like Bitcoin Hyper ($HYPER). The project has already raised more than $26 million to build a high-speed, Solana-powered Layer 2 for Bitcoin.
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For years, Bitcoin’s biggest limitation has been its lack of scalability and utility beyond simple transfers. Bitcoin Hyper ($HYPER) changes that.
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As the presale nears completion, early buyers are positioning themselves ahead of what could be one of Bitcoin’s most transformative upgrades yet.
With the help of the more efficient Solana blockchain, the Hyper L2 supports lighting-fast transaction speeds at a low cost to create the best environment for launching decentralized apps, meme coins, and payments platforms.
Investors can safely send their BTC tokens to a designated Bitcoin wallet through the Hyper Bridge to get started. This allows them to access DeFi applications without leaving the Bitcoin OG network.
As the demand for the solution progressively rises, analysts agree that the price of $HYPER could skyrocket.
To grab this token at a discounted presale price, you can simply head to the Bitcoin Hyper official website and connect a compatible wallet like Best Wallet.
Either swap USDT or SOL for $HYPER or use a bank card to invest.
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