Category: Crypto News, News
Why Is XRP Price Going Up Today? 10% Weekend Gain and Bullish Flag Pattern Support 50% Jump Prediction
XRP posted
an impressive rebound, up 4% in a single day and nearly 10% over the weekend.
While the new week has started with a modest pullback, both XRP news and
technical analysis remain strongly bullish.
In this
article, we break down why XRP could climb to $2.30 in the short term, reach
$3.30 in the medium term, and why long-term XRP price predictions now point to
$8, or even $100.
If you’re
wondering why XRP is rising today and what analysts forecast for its future,
this breakdown covers it all.
During
Sunday’s session, the price
of XRP rose by over 4%, testing the highest levels this month. It’s worth
noting that this single-day gain was the strongest in nearly a month, specifically
since May 12, when XRP jumped 7.5% to reach $2.65. Although the current price
remains 40 cents below that peak, XRP has gained more than 10% over the
weekend, climbing from Friday’s lows near $2.10.
On the
chart, a potential double bottom pattern is forming around the $2.10 level,
which also aligns with the 200-day exponential moving average (200 EMA),
providing potential support for a further upward move.
Today, XRP Price today. Why is XRP going up? Source: CoinMarketCap.com
Monday, June 9, 2025, XRP is undergoing a modest correction, retreating by
1.45% to trade at $2.23. However, the price remains significantly higher than
it was before the weekend, having moved well above the nearly two-month lows.
Moreover,
according to the latest market cap data, XRP is currently among the top gainers
over the past 24 hours within the group of major cryptocurrencies. For
comparison, in the same time frame, the largest cryptocurrency by market
capitalization, Bitcoin (BTC), is up only 0.13%, while the second-largest, Ethereum
(ETH), is down nearly 1%. Binance Coin (BNB) is flat, Solana (SOL) has gained
0.5%, and Dogecoin (DOGE) is down 1.2%.
Why Is XRP Price Going Up?
3 Key Drivers
From
institutional recognition to real-world utility, XRP is benefiting from a
series of catalysts that are reshaping investor sentiment. Why
is XRP going up? Let’s check!
1. XRP Added to Nasdaq
Crypto US Settlement Price Index
XRP’s
inclusion in the Nasdaq Crypto US Settlement Price Index (NCIUS) on June 2
marked a pivotal milestone. This index, tracked by the Hashdex Nasdaq Crypto
Index US ETF (ticker: NCIQ), previously focused only on Bitcoin and Ethereum.
The expanded version now includes XRP, Cardano (ADA), Solana, and Stellar
Lumens (XLM).
Although
the ETF itself remains restricted to BTC and ETH holdings, XRP’s addition to
the index signals a growing level of institutional acceptance and enhances its
profile within regulated financial products.
2. Regulatory Momentum and
ETF Optimism
The updated
composition of the Nasdaq index has also renewed market hopes for altcoin-based
ETFs. While XRP is not yet directly included in any U.S.-listed ETF holdings,
its presence in a benchmark used by a regulated fund hints at changing
attitudes from regulators and financial institutions.
This
development could pave the way for broader crypto ETF adoption, with XRP
potentially among the next candidates if U.S. rules evolve.
3. Ripple’s Push to
Modernize Cross-Border Payments
Ripple
added fuel to the rally by publishing a blog post on May 28, positioning XRP
and its new stablecoin, Ripple USD (RLUSD), as a modern solution to the
outdated infrastructure of the SWIFT payment system. The company pointed out
the inefficiencies of traditional international transfers, citing manual
processes, high fees, and lack of transparency, as areas where blockchain can
provide immediate improvements.
Ripple’s
platform now claims coverage of over 90% of the global foreign exchange market,
offering real-time settlement and end-to-end visibility. XRP’s central role in
this ecosystem reinforces its long-term utility and value proposition.
Related: After
XRP, Ripple’s RLUSD Joins Dubai’s Approved Crypto Tokens Under DFSA
XRP with a Double Bottom:
A Chance to Reclaim $2.30
My
technical analysis indicates that local support on the XRP/USD chart—visible
since early May, has formed a double bottom pattern between late May and early
June, based on the lows from May 31, June 5, and June 6. The horizontal support
is located at $2.10 and is further reinforced by the 200 EMA.
If not for XRP technical analysis shows short-term double bottom. Source: Tradingview.com
the current consolidation between this moving average and the shorter-term 50
EMA near $2.26, I would suggest that the double bottom pattern could enable a
stronger breakout toward $2.60, a level tested a month ago. However, due to the
nearby local peaks and the $2.30 level acting alternately as support and
resistance in recent weeks, the short-term target appears to be $2.30.
That said,
my medium-term outlook is more optimistic, based on a larger and more
established technical pattern: the bull flag formation.
Bullish Flag Pattern
Predicts XRP Could Rise to $3.30
The bull
flag I’ve identified began forming from the April lows, when XRP traded at
$1.60. The price then surged to $2.60 before entering a downward regression
channel, where it remained until this past weekend. After three consecutive
days of gains and a strong Sunday rally, XRP broke out of the flag formation,
confirming the upward breakout.
Based on How high can XRP price go? Bullish flag pattern suggest 50% upside. Source: Tradingview.com
the height of the flagpole, the measured target for this breakout is
approximately $3.30, levels not seen since mid-January 2025. Notably, XRP/USDT
also broke out of a much broader and longer-term bearish channel drawn from the
beginning of the year. A confirmed breakout above the 50 EMA and the $2.30
level would, for me, validate this move and open the path to the medium-term
target of $3.30.
This would
represent a nearly 50% gain from current levels, offering retail investors a
compelling upside and profit opportunity.
I also identified a yet-to-be-confirmed flag formation on the Bitcoin chart last week. Similar to XRP, the pattern has been developing from the April lows. In that same analysis, I cited expert forecasts suggesting that Bitcoin could reach $125,000 by the end of this month and potentially climb to $200,000 by year-end. You can read more about that projection here.
XRP Price Support and
Resistance Levels
|
Level ($) |
Type |
Details |
|
2.10 |
Support |
Double bottom level; also aligns |
|
2.23 |
Current price |
After a minor correction on June |
|
2.26 |
Resistance/Support |
50 EMA; currently acting as |
|
2.30 |
Resistance |
Recently tested as both support |
|
2.60 |
Resistance |
High from May 12, 2025; target |
|
3.30 |
Medium-term |
Measured move from bull flag |
XRP Price Predictions for
2025 and 2026 Range from $8 to as High as $100
The XRP
price outlook for 2025 and 2026 spans an unusually wide range, reflecting
growing optimism among traders and analysts. Most conservative forecasts
suggest that XRP could reach between $3 and $8 in the coming months, while more
aggressive scenarios extend that target significantly, with some predicting a
long-term move toward $100 per token by 2026.
Bitget
Research’s Chief Analyst, Ryan Lee, predicts
that XRP could rise to $8 in 2025, supported by strong institutional
interest, technical breakout patterns, and the potential for an “altseason”
sparked by Bitcoin consolidation.
At the same
time, some members of the crypto community are pointing to even more ambitious
projections. One
widely circulated forecast suggests XRP could hit $100 by 2026, citing the
potential for institutional adoption, spot ETF approval, and Ripple’s growing
role in global finance through products like RLUSD and its blockchain-based
cross-border payment network.
“XRP to
$1,000 could happen a lot sooner than people anticipate. 2025 could be the year
we see a $100 XRP. By 2026-2027 we could see XRP move rapidly from $100 to
$1,000,” commented BarriC, a popular cryptocurrency analyst from X (formerly
Twitter).
While
such extreme predictions should be treated with caution due to their
speculative nature, they highlight the high expectations some investors are
placing on XRP’s future utility.
XRP Price Predictions
Table
|
Source |
2025 (USD) |
2026 (USD) |
2027 (USD) |
2028 (USD) |
2030 (USD) |
|
Bitget |
8 |
– |
– |
– |
– |
|
Alpha Lions Academy (Edoardo |
10 |
– |
– |
– |
– |
|
Cryptomus |
– |
6.13 |
– |
– |
– |
|
Changelly |
– |
– |
6.26 |
– |
10.54 |
|
EGRAG |
– |
– |
27 |
– |
– |
|
Community Forecast (@B_arri_C) |
100 |
1000 |
– |
– |
– |
|
CoinCodex |
2.37 |
– |
– |
– |
– |
|
BeInCrypto |
1.17 |
– |
– |
– |
– |
Ultimately,
the path forward for XRP will depend on the alignment of regulatory approvals,
institutional inflows, and Ripple’s execution on its payment infrastructure
roadmap. Investors are closely watching the June 17 SEC decision on the XRP
ETF, which could act as a short-term catalyst and shape the trajectory into
2026.
XRP News, FAQ
Why Is XRP Going Up So
Much?
XRP’s price
surge in early June 2025 is driven by a combination of regulatory, technical,
and institutional factors. Most notably, Ripple’s legal victory over the SEC
brought long-awaited regulatory clarity, confirming that XRP is not a security
in the U.S. This decision has opened the door for increased participation by
institutional investors. At the same time, anticipation surrounding a possible
XRP spot ETF, especially with an SEC decision expected on June 17, has injected
new bullish sentiment into the market.
Can XRP Reach $20?
While
reaching $20 is not impossible, it would require substantial catalysts and
favorable conditions to materialize. At that price point, XRP’s market
capitalization would exceed $1 trillion, placing it among the most valuable
financial assets globally. Achieving this would likely depend on a combination
of mass institutional adoption, successful integration of Ripple’s payment
technology across global banking systems, and a strong bull market across the
crypto sector.
Will XRP Hit $10 in 2025?
There is a
growing consensus among bullish analysts that XRP could approach or even hit
$10 before the end of 2025, especially if key events align. These include the
approval of a U.S. spot XRP ETF, further institutional inflows, and continued
expansion of Ripple’s cross-border payment services. Technical indicators also
support a potential move higher, with short-term targets in the $3–$5 range
already in play.
Will XRP Reach $5?
A move to
$5 is widely seen as a realistic target for XRP in 2025, particularly if
short-term resistance levels are broken. Technical forecasts identify $2.60 and
$3.00 as key breakout points, with $5.00 often cited as the next major
psychological and technical milestone. This scenario becomes more likely if
Ripple successfully expands its enterprise payment network and the SEC approves
the much-anticipated XRP ETF. Given the current pace of adoption, improved
regulatory outlook, and bullish sentiment, $5 is viewed by many analysts as a
probable medium-term objective—especially during a broader altcoin rally.
XRP posted
an impressive rebound, up 4% in a single day and nearly 10% over the weekend.
While the new week has started with a modest pullback, both XRP news and
technical analysis remain strongly bullish.
In this
article, we break down why XRP could climb to $2.30 in the short term, reach
$3.30 in the medium term, and why long-term XRP price predictions now point to
$8, or even $100.
If you’re
wondering why XRP is rising today and what analysts forecast for its future,
this breakdown covers it all.
During
Sunday’s session, the price
of XRP rose by over 4%, testing the highest levels this month. It’s worth
noting that this single-day gain was the strongest in nearly a month, specifically
since May 12, when XRP jumped 7.5% to reach $2.65. Although the current price
remains 40 cents below that peak, XRP has gained more than 10% over the
weekend, climbing from Friday’s lows near $2.10.
On the
chart, a potential double bottom pattern is forming around the $2.10 level,
which also aligns with the 200-day exponential moving average (200 EMA),
providing potential support for a further upward move.
Today, XRP Price today. Why is XRP going up? Source: CoinMarketCap.com
Monday, June 9, 2025, XRP is undergoing a modest correction, retreating by
1.45% to trade at $2.23. However, the price remains significantly higher than
it was before the weekend, having moved well above the nearly two-month lows.
Moreover,
according to the latest market cap data, XRP is currently among the top gainers
over the past 24 hours within the group of major cryptocurrencies. For
comparison, in the same time frame, the largest cryptocurrency by market
capitalization, Bitcoin (BTC), is up only 0.13%, while the second-largest, Ethereum
(ETH), is down nearly 1%. Binance Coin (BNB) is flat, Solana (SOL) has gained
0.5%, and Dogecoin (DOGE) is down 1.2%.
Why Is XRP Price Going Up?
3 Key Drivers
From
institutional recognition to real-world utility, XRP is benefiting from a
series of catalysts that are reshaping investor sentiment. Why
is XRP going up? Let’s check!
1. XRP Added to Nasdaq
Crypto US Settlement Price Index
XRP’s
inclusion in the Nasdaq Crypto US Settlement Price Index (NCIUS) on June 2
marked a pivotal milestone. This index, tracked by the Hashdex Nasdaq Crypto
Index US ETF (ticker: NCIQ), previously focused only on Bitcoin and Ethereum.
The expanded version now includes XRP, Cardano (ADA), Solana, and Stellar
Lumens (XLM).
Although
the ETF itself remains restricted to BTC and ETH holdings, XRP’s addition to
the index signals a growing level of institutional acceptance and enhances its
profile within regulated financial products.
2. Regulatory Momentum and
ETF Optimism
The updated
composition of the Nasdaq index has also renewed market hopes for altcoin-based
ETFs. While XRP is not yet directly included in any U.S.-listed ETF holdings,
its presence in a benchmark used by a regulated fund hints at changing
attitudes from regulators and financial institutions.
This
development could pave the way for broader crypto ETF adoption, with XRP
potentially among the next candidates if U.S. rules evolve.
3. Ripple’s Push to
Modernize Cross-Border Payments
Ripple
added fuel to the rally by publishing a blog post on May 28, positioning XRP
and its new stablecoin, Ripple USD (RLUSD), as a modern solution to the
outdated infrastructure of the SWIFT payment system. The company pointed out
the inefficiencies of traditional international transfers, citing manual
processes, high fees, and lack of transparency, as areas where blockchain can
provide immediate improvements.
Ripple’s
platform now claims coverage of over 90% of the global foreign exchange market,
offering real-time settlement and end-to-end visibility. XRP’s central role in
this ecosystem reinforces its long-term utility and value proposition.
Related: After
XRP, Ripple’s RLUSD Joins Dubai’s Approved Crypto Tokens Under DFSA
XRP with a Double Bottom:
A Chance to Reclaim $2.30
My
technical analysis indicates that local support on the XRP/USD chart—visible
since early May, has formed a double bottom pattern between late May and early
June, based on the lows from May 31, June 5, and June 6. The horizontal support
is located at $2.10 and is further reinforced by the 200 EMA.
If not for XRP technical analysis shows short-term double bottom. Source: Tradingview.com
the current consolidation between this moving average and the shorter-term 50
EMA near $2.26, I would suggest that the double bottom pattern could enable a
stronger breakout toward $2.60, a level tested a month ago. However, due to the
nearby local peaks and the $2.30 level acting alternately as support and
resistance in recent weeks, the short-term target appears to be $2.30.
That said,
my medium-term outlook is more optimistic, based on a larger and more
established technical pattern: the bull flag formation.
Bullish Flag Pattern
Predicts XRP Could Rise to $3.30
The bull
flag I’ve identified began forming from the April lows, when XRP traded at
$1.60. The price then surged to $2.60 before entering a downward regression
channel, where it remained until this past weekend. After three consecutive
days of gains and a strong Sunday rally, XRP broke out of the flag formation,
confirming the upward breakout.
Based on How high can XRP price go? Bullish flag pattern suggest 50% upside. Source: Tradingview.com
the height of the flagpole, the measured target for this breakout is
approximately $3.30, levels not seen since mid-January 2025. Notably, XRP/USDT
also broke out of a much broader and longer-term bearish channel drawn from the
beginning of the year. A confirmed breakout above the 50 EMA and the $2.30
level would, for me, validate this move and open the path to the medium-term
target of $3.30.
This would
represent a nearly 50% gain from current levels, offering retail investors a
compelling upside and profit opportunity.
I also identified a yet-to-be-confirmed flag formation on the Bitcoin chart last week. Similar to XRP, the pattern has been developing from the April lows. In that same analysis, I cited expert forecasts suggesting that Bitcoin could reach $125,000 by the end of this month and potentially climb to $200,000 by year-end. You can read more about that projection here.
XRP Price Support and
Resistance Levels
|
Level ($) |
Type |
Details |
|
2.10 |
Support |
Double bottom level; also aligns |
|
2.23 |
Current price |
After a minor correction on June |
|
2.26 |
Resistance/Support |
50 EMA; currently acting as |
|
2.30 |
Resistance |
Recently tested as both support |
|
2.60 |
Resistance |
High from May 12, 2025; target |
|
3.30 |
Medium-term |
Measured move from bull flag |
XRP Price Predictions for
2025 and 2026 Range from $8 to as High as $100
The XRP
price outlook for 2025 and 2026 spans an unusually wide range, reflecting
growing optimism among traders and analysts. Most conservative forecasts
suggest that XRP could reach between $3 and $8 in the coming months, while more
aggressive scenarios extend that target significantly, with some predicting a
long-term move toward $100 per token by 2026.
Bitget
Research’s Chief Analyst, Ryan Lee, predicts
that XRP could rise to $8 in 2025, supported by strong institutional
interest, technical breakout patterns, and the potential for an “altseason”
sparked by Bitcoin consolidation.
At the same
time, some members of the crypto community are pointing to even more ambitious
projections. One
widely circulated forecast suggests XRP could hit $100 by 2026, citing the
potential for institutional adoption, spot ETF approval, and Ripple’s growing
role in global finance through products like RLUSD and its blockchain-based
cross-border payment network.
“XRP to
$1,000 could happen a lot sooner than people anticipate. 2025 could be the year
we see a $100 XRP. By 2026-2027 we could see XRP move rapidly from $100 to
$1,000,” commented BarriC, a popular cryptocurrency analyst from X (formerly
Twitter).
While
such extreme predictions should be treated with caution due to their
speculative nature, they highlight the high expectations some investors are
placing on XRP’s future utility.
XRP Price Predictions
Table
|
Source |
2025 (USD) |
2026 (USD) |
2027 (USD) |
2028 (USD) |
2030 (USD) |
|
Bitget |
8 |
– |
– |
– |
– |
|
Alpha Lions Academy (Edoardo |
10 |
– |
– |
– |
– |
|
Cryptomus |
– |
6.13 |
– |
– |
– |
|
Changelly |
– |
– |
6.26 |
– |
10.54 |
|
EGRAG |
– |
– |
27 |
– |
– |
|
Community Forecast (@B_arri_C) |
100 |
1000 |
– |
– |
– |
|
CoinCodex |
2.37 |
– |
– |
– |
– |
|
BeInCrypto |
1.17 |
– |
– |
– |
– |
Ultimately,
the path forward for XRP will depend on the alignment of regulatory approvals,
institutional inflows, and Ripple’s execution on its payment infrastructure
roadmap. Investors are closely watching the June 17 SEC decision on the XRP
ETF, which could act as a short-term catalyst and shape the trajectory into
2026.
XRP News, FAQ
Why Is XRP Going Up So
Much?
XRP’s price
surge in early June 2025 is driven by a combination of regulatory, technical,
and institutional factors. Most notably, Ripple’s legal victory over the SEC
brought long-awaited regulatory clarity, confirming that XRP is not a security
in the U.S. This decision has opened the door for increased participation by
institutional investors. At the same time, anticipation surrounding a possible
XRP spot ETF, especially with an SEC decision expected on June 17, has injected
new bullish sentiment into the market.
Can XRP Reach $20?
While
reaching $20 is not impossible, it would require substantial catalysts and
favorable conditions to materialize. At that price point, XRP’s market
capitalization would exceed $1 trillion, placing it among the most valuable
financial assets globally. Achieving this would likely depend on a combination
of mass institutional adoption, successful integration of Ripple’s payment
technology across global banking systems, and a strong bull market across the
crypto sector.
Will XRP Hit $10 in 2025?
There is a
growing consensus among bullish analysts that XRP could approach or even hit
$10 before the end of 2025, especially if key events align. These include the
approval of a U.S. spot XRP ETF, further institutional inflows, and continued
expansion of Ripple’s cross-border payment services. Technical indicators also
support a potential move higher, with short-term targets in the $3–$5 range
already in play.
Will XRP Reach $5?
A move to
$5 is widely seen as a realistic target for XRP in 2025, particularly if
short-term resistance levels are broken. Technical forecasts identify $2.60 and
$3.00 as key breakout points, with $5.00 often cited as the next major
psychological and technical milestone. This scenario becomes more likely if
Ripple successfully expands its enterprise payment network and the SEC approves
the much-anticipated XRP ETF. Given the current pace of adoption, improved
regulatory outlook, and bullish sentiment, $5 is viewed by many analysts as a
probable medium-term objective—especially during a broader altcoin rally.
Written by : Editorial team of BIPNs
Main team of content of bipns.com. Any type of content should be approved by us.
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