XRP News Today: XRP nears $3.30 breakout as Elliott Wave and SEC reforms drive bullish momentum

XRP is showing signs of entering a pivotal bullish phase as it aligns with both favorable technical patterns and regulatory developments. According to market analyst CryptoOG, XRP’s 4-hour chart is forming an Elliott Wave structure, currently in Wave 4 with a potential move into Wave 5. The analyst noted that Wave 1 initiated from below $2 with strong momentum, followed by a corrective Wave 2. Wave 3 pushed the price close to $3.70, confirming the uptrend. Wave 4 has now formed a potential bull flag pattern, suggesting a consolidation phase before a move toward $3.67–$3.70 using the 1.618 Fibonacci extension [1].

CryptoOG emphasized that Wave 5 in Elliott Wave theory is typically the final and strongest leg of the uptrend, driven by rising retail enthusiasm and market confidence. If the price can break above $3.20 with strong volume, it could confirm the transition into Wave 5 and signal a sharp upward move [2]. As of now, XRP trades near the $3.10 level, with key resistance at $3.25 and $3.30 acting as critical thresholds for further bullish momentum [3].

At the same time, the U.S. Securities and Exchange Commission (SEC) has introduced new Listing Standards that could significantly accelerate the approval process for altcoin-based exchange-traded products (ETPs). The updated framework allows digital assets with at least six months of futures trading on Coinbase’s derivatives platform to qualify for ETP listings without individual SEC petitions. This change reduces the typical 240-day approval period to around 75 days for qualifying tokens such as XRP and Solana [1].

Industry observers suggest that XRP and several other major altcoins are now well-positioned to launch ETPs in late 2025, with Solana-based ETPs potentially clearing by October 10. Analysts estimate that the odds of approval for these tokens are around 95% under the new regime [2]. The SEC also introduced in-kind creation and redemption mechanisms for Bitcoin and Ethereum ETPs, aligning them with traditional commodity structures and enhancing their efficiency and competitiveness [3].

The regulatory shift is expected to lower barriers for institutional investors and improve liquidity, potentially driving broader adoption of digital assets. With Ripple nearing a legal settlement with the SEC, the uncertainty around XRP’s security status is gradually fading, creating a more favorable investment environment [4].

Analysts have projected a range of price targets for XRP in 2025, with some forecasting a potential rise to $5–$10, particularly if spot XRP ETFs are approved and the token gains widespread exchange listings. One analyst highlighted the possibility of a 500% rally if the SEC grants approval and regulatory clarity continues to improve [5]. Additionally, increased whale activity and growing institutional interest further support the potential for a sustained upward trend [6].

The broader market environment is also influencing XRP’s trajectory. The U.S. Congress recently passed the "Genius Act" digital asset bill, which is expected to streamline regulatory processes for digital assets, making it easier for exchanges and ETF providers to list and trade XRP. This legislative development adds another layer of support for the token’s future growth [6].

In summary, XRP is at a critical juncture, with both technical and regulatory factors suggesting potential for a significant price move. The convergence of favorable Elliott Wave patterns, SEC reforms, legal clarity, and institutional interest positions XRP for potential ETF approvals and broader market acceptance. Investors are closely monitoring key resistance levels and regulatory developments for confirmation of a sustained bullish trend into 2025 [1][2][3][4][5][6].

Source:

[1] [title1](https://coinmarketcap.com/community/articles/688b8bcce798744f91d5fa18/)

[2] [title2](https://m.economictimes.com/news/international/us/xrp-price-prediction-is-a-500-rally-coming-back-as-etf-buzz-grows-and-ripple-nears-sec-win/articleshow/122976859.cms)

[3] [title3](https://www.ainvest.com/news/xrp-news-today-xrp-eyes-3-30-breakout-regulatory-clarity-boosts-altcoin-momentum-2507/)

[4] [title4](https://m.economictimes.com/news/international/us/xrp-price-prediction-xrp-whale-activity-shows-bullish-momentum-is-a-10-breakout-coming-soon/articleshow/122997983.cms)

[5] [title5](https://www.aol.com/first-bitcoin-then-ethereum-ripples-070600244.html)

[6] [title6](https://www.ainvest.com/news/xrp-poised-10-breakout-2025-regulatory-clarity-whale-accumulation-2507/)