Analyst Predicts XRP Price Could Hit $15 Soon as XRP ETF Approval Speculation Intensifies

Highlights:

• XRP reclaims a top-three rank, surging to reach $2.44 amid ETF buzz.
• SEC chart indicates Grayscale’s XRP ETF filing may be acknowledged by February 13.
• Analysts, including Ali Martinez and EGRAG CRYPTO, target $13-15 now and $110 later.

XRP has reclaimed its spot in the top three, pushing Tether’s USDT back to fourth place. This shift followed a price surge to $2.44, marking a 0.58% gain within 24 hours. The rally comes amid growing speculation about a potential spot XRP exchange-traded fund (ETF) in the U.S., a possibility hinted at by FOX Business journalist Eleanor Terrett.

Terrett referenced a chart by Bloomberg ETF analysts Eric Balchunas and James Seyffart, indicating that the U.S Securities and Exchange Commission (SEC) could acknowledge Grayscale’s 19b-4 filing for an XRP ETF as early as February 13. The SEC usually takes around 15 days to respond to such filings.

Grayscale initially submitted the filing on January 20. If a spot XRP ETF gets approved, it could significantly impact XRP’s price. History shows that ETF approvals have driven major market movements, as seen with Bitcoin’s ETF launches.

Adding to the excitement, rumors of an XRP Strategic Reserve are fueling market excitement, though no official confirmation exists. Traders believe it could boost liquidity and drive long-term growth. If established, it may strengthen XRP’s market position, but investors await concrete updates.

Analysts remain bullish as Ripple’s native crypto shows signs of breaking key resistance levels, further strengthening expectations for a sustained rally.

Ali Martinez Sees XRP Breaking Out, Eyes $15 Target

Crypto analyst Ali Martinez believes XRP price has broken out of a symmetrical triangle pattern, signaling a potential rally toward $15. He shared his insights on X, highlighting the strong upside potential of this formation. XRP could be on the verge of a major move if the bullish trend continues. However, maintaining momentum is key to confirming the breakout and sustaining further gains.

If this is a symmetrical triangle, $XRP has broken out and is targeting $15! pic.twitter.com/ppJTuRbbp7

— Ali (@ali_charts) February 13, 2025

Analyst Identifies Critical Support & Resistance Levels

Analyst EGRAG CRYPTO also highlighted key resistance and support levels for XRP. He noted that staying within a defined range means market fluctuations are just noise. A drop below $2.30 signals bearishness, while breaking $2.60 confirms a bullish trend. Moving past $2.85 strengthens the rally, and surpassing $3.11 could drive XRP to new highs, possibly $4. These levels will determine if XRP can sustain its momentum and challenge past records.

Thank You @MoonLamboio for Sharing #XRP Chart " #XRP 8-Hours Time Frame Analysis" https://t.co/NfEFBOA4U4 https://t.co/nXkZQsgEnL

— EGRAG CRYPTO (@egragcrypto) February 13, 2025

EGRAG CRYPTO Predicts XRP Price Surge to $13 This Cycle, $110 Next

In a previous X post, the analyst predicted XRP could reach $110 in the next bull cycle. He also expects it to hit double digits this cycle and updated his “Just Do It” chart analysis to explain the potential price surge. EGRAG CRYPTO confirms that XRP’s cup pattern is unfolding as expected. The breakout supports this prediction. He expects the XRP price to peak at $13 this cycle and surge to $110 in the next bull run.

#XRP: Double Digits This Cycle, Triple Digits Next! 'JUST DO IT Chart UPDATE'

⚪️ Let’s build the chart together! 📊
To improve our chances of hitting our targets, we need to use multiple indicators, charts, and patterns. The more signals we collect, the better our odds of… pic.twitter.com/6Am1bZyjkc

— EGRAG CRYPTO (@egragcrypto) February 12, 2025