XRP Price Prediction: XRP Bulls Target $3 as CME Futures Hype and SEC Resolution Fuel Breakout Hopes
The post XRP Price Prediction: XRP Bulls Target $3 as CME Futures Hype and SEC Resolution Fuel Breakout Hopes appeared on BitcoinEthereumNews.com.
XRP is back in the spotlight as bullish momentum rebuilds following a brief correction. After surging to a local high of $2.68 last week, XRP price has retraced to around $2.31, shedding nearly 5% in recent sessions. Despite the pullback, technical indicators and growing market optimism suggest the token may be preparing for another push, potentially toward the $3 mark. Notably, XRP has remained one of the top-performing digital assets in 2025, boasting an 11.4% year-to-date gain. This places it just ahead of Bitcoin’s 10.3% growth over the same period, reinforcing its bullish trajectory even in the face of short-term volatility. CME Futures and Institutional Buzz Lend Support One of the biggest catalysts behind renewed XRP price prediction optimism is the launch of XRP futures contracts on the Chicago Mercantile Exchange (CME). The introduction of these contracts on May 19 is seen as a major milestone, providing institutional investors a regulated and cash-settled avenue to gain exposure to the Ripple-linked token. XRP and Micro XRP futures are now live, offering new ways to trade and manage exposure to this top cryptocurrency. Source: CME Active Trader via X “This move could mark a turning point for XRP,” noted crypto analyst Skerdian Meta. “CME’s involvement signals a maturing market infrastructure, which could attract institutional liquidity and help stabilize price movements.” The launch includes both standard and micro XRP futures, covering 50,000 and 2,500 XRP per contract respectively. These instruments will be priced using the CME CF XRP-Dollar Reference Rate, adding transparency and regulatory clarity to XRP trading — a factor that could significantly impact Ripple exchange adoption and Ripple market performance. XRP Price Action: Bulls Defend Crucial Support Despite recent bearish pressure, the value of Ripple has lingered at significant levels, including notably at the 50-day exponential moving average (EMA). Analysts cite…
Filed under: News - @ May 20, 2025 3:27 pm