XRP Price Prediction – XRP Surges 10% After SEC Approves ProShares ETFs

The SECURITIES AND EXCHANGE Commission (SEC) of the United States approved three FNB FNB XRP of Proshares, which dropped the price of XRP by 10%. Scheduled on April 30, the new products include an ultra XRP ETF offering a 2x lever effect, a short ETF and an ultra short ETF XRP with a -2x lever effect.
The ETF SPOT XRP application of Proshares is still under examination of the dry, with an early pivot decision by May 22. This approval represents a major step for the presence of XRP in traditional finance.
Earlier this month, Teucrium launched the first XRP ETF in the United States, attracting more than $ 5 million in a day's negotiation volume, making it the most successful beginnings in the company.
While the ETFs of Proshares offer an XRP exhibition through derivatives, Nate Geraci, president of the ETF store, noted that they can have a limited direct impact on the price of XRP. He also asked why the long -term products progress before the ETF spots.
While the Multiple ETF XRP ETF proposals await decisions, attention is now turning to the Application of Grayscale, May 22 marking the next key deadline. The sharp increase in documents follows the conclusion of the prolonged legal battle of Ripple with the dry earlier this year.
Meanwhile, a company recently revealed that it now holds XRP in its financial books, marking the start of a new important trend in the cryptocurrency market. Although the company itself is not a major familiar name, the announcement is considered an important signal for the future of the adoption of XRP.
Similar to the way Bitcoin has been added more and more to business balance sheets, XRP is starting to reach the same level of institutional interest. This development suggests that more companies could soon follow suit, acquiring quietly and holding XRP as long -term assets without major public ads.
As the adoption of companies increases, it could gradually reduce the supply of XRP and potentially increase its value over time. The emphasis is placed here on long -term growth rather than on the movement of immediate prices, encouraging investors to consider XRP as a precious asset for the future.
Source – Austin Hilton on YouTube
XRP price prediction
XRP has shown relative stability in recent weeks, even during periods of high market volatility. While Bitcoin has experienced sharper reactions to market changes, XRP movements were much softer.
Currently, $ XRP seems to be negotiating in a well -established range, despite certain interpretations of recent prices action such as a potential decrease trend or a bull flag formation.
The overall structure suggests that the token remains linked to the beach over higher deadlines, with short -term fluctuations between key levels such as $ 2.05 and $ 2.14.

Intrajournal support of around $ 2.20 is currently good, and a gathering to higher resistance levels like $ 2.35 and $ 2.40 seems more likely if the larger market remains stable.
Ripple's decision not to continue a public list in 2025 was also noted, a decision which reflects a strategic choice to maintain operational flexibility in the evolution of the regulatory environment.
While the trading volume of $ XRP remains low and its correlation with Bitcoin remains high, the technical indicators suggest a continuation of the current model linked to the beach before next week.
Austin Hilton supports the diversification strategy; BTC Bull appears as a promising presale linked to Bitcoin
Crypto Austin Hilton's analyst and merchant also stressed the importance of diversification, suggesting that investors distribute their investments through bitcoin, XRP, main altcoins and presale projects such as BTC Bull (BTCBull).
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