- Analysts suggest XRP may have already bottomed, with key resistance levels signaling a potential trend reversal.
- ETF inflows could push the token to $15, according to expert projections based on market cap multipliers.
The crypto market is buzzing with optimism as XRP continues to hold firm above its critical $2.15 support level. While the broader market remains steady, top analysts believe Ripple’s coin may have already bottomed out—signaling the start of a powerful upward move.
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According to renowned market watcher EGRAG CRYPTO, XRP’s price may have hit its lowest point on April 7. But for that to be confirmed, the token must fulfill a few technical benchmarks: it needs to close a full weekly candle above $2.10, break through the 21-week EMA, and secure a position above $2.25. These signals, if achieved, would indicate a strong reversal and potential for sustained growth.
Meanwhile, another leading voice in the space, Zach Rector, has laid out a bold scenario where XRP could surge as high as $15—and it’s all tied to the possibility of an XRP-based Exchange-Traded Fund (ETF).
Rector’s projection stems from a $4 to $8 billion ETF inflow forecast by JPMorgan, which he says could dramatically amplify XRP’s market cap using a market cap multiplier model. Even with a conservative estimate, $4 billion in ETF inflows could result in an $800 billion market cap surge—propelling the total to $925 billion. With XRP’s circulating supply sitting at 60 billion, this translates to a potential price of $15.42 per token.
The math may sound ambitious, but recent data supports Rector’s model. XRP’s market cap reportedly ballooned by $7.74 billion within hours after just $12.87 million in inflows—implying a powerful 601x multiplier effect.
Adding fuel to the fire, Ripple CEO Brad Garlinghouse recently hinted that the first XRP ETF could arrive by late 2025. If that happens, and if ETF interest aligns with Rector’s forecasts, $15 may no longer be a dream—it could become the new norm.
Still, experts urge caution. As exciting as the projections are, investors should do their due diligence before jumping in. For now, XRP’s resilience and ETF potential are giving the crypto world plenty to watch—and plenty to hope for.
