XRP Price Prediction for February 20, 2025 - Monitoring the Development of MEMX Filing for XRP ETF

The development of XRP is always interesting to follow, not only because of its solid project but also because of the ecosystem around it.

Although some time ago there was news that there was a significant decrease in the number of active XRP addresses which had an impact on the decline in the price of XRP, in fact on the ETF side various firms continue to actively submit XRP ETFs to the SEC.

So, what is the XRP price prediction for February 20 tomorrow, and what is the latest news about the XRP ETF? Read this article to the end.

XRP Price Today

Source: Bitrue

On February 19, 2025, XRP is navigating a period of notable price fluctuations, moving within a defined range that reflects ongoing market dynamics. 

The latest data suggests that volatility remains a key factor, with traders closely monitoring the asset’s movement.

As of February 18, 2025, XRP price was last recorded at $2.5545, a price point that sits comfortably within its projected trading range. 

Analysts anticipate that XRP will continue oscillating between $2.50 and $2.70 throughout the day, driven by market sentiment and external influences. 

While some investors see this range-bound movement as an opportunity for short-term gains, others remain cautious, watching for potential breakout signals that could indicate a shift in momentum.

Ripple (XRP) Price Prediction January 20, 2025

Following the notable price fluctuations observed on February 19, 2025, XRP is expected to remain volatile as market participants react to technical indicators and broader macroeconomic trends.

As of February 18, XRP was recorded at $2.5545, with price movements oscillating between $2.50 and $2.70 on February 19. 

Given this trading pattern, a short-term projection for February 20 suggests that XRP may continue to trade within a similar range, possibly extending toward support or resistance levels.

Read Also: How to Buy XRP (XRP)

Key Factors Influencing the Prediction

Technical Analysis

If XRP closes on February 19 near $2.60 or higher, it could indicate bullish momentum, pushing the price toward $2.75–$2.80 on February 20.

If XRP closes below $2.50, bearish sentiment may emerge, potentially testing $2.40 as the next support level.

Market Sentiment & External Events:

Any new developments regarding Ripple vs. SEC regulatory updates or institutional adoption news could influence a breakout beyond current levels.

Broader crypto market trends and Bitcoin’s price movement may also affect XRP’s trajectory, especially if BTC experiences volatility.

Expected XRP Pricce Range for February 20, 2025

Bullish Scenario: If buying pressure increases, XRP could test $2.75–$2.80 as an upper range.

Neutral Scenario: If current momentum persists, XRP may consolidate between $2.50 and $2.70.

Bearish Scenario: A break below support could push XRP toward $2.40–$2.45.

MEMX Filling for XRP ETF

On February 19, 2025, MEMX, a U.S.-based securities exchange, officially filed with the Securities and Exchange Commission (SEC) to list an XRP Exchange-Traded Fund (ETF) under a Commodity-Based Trust classification. 

This marks a significant step in legitimizing XRP as an institutional asset, aligning it with Bitcoin and Ethereum, which have already secured ETF approvals. 

The filing signals a growing demand for regulated crypto investment products, potentially increasing institutional interest in XRP.

Impact on XRP Price Prediction

With MEMX’s XRP ETF filing making headlines, market sentiment around XRP’s price trajectory is expected to be influenced by regulatory updates. 

If positive momentum builds around the likelihood of SEC approval, XRP could see a bullish breakout, possibly testing resistance near $2.75–$2.80 on February 20, 2025.

Conversely, if regulatory delays or concerns surface, XRP may remain within its $2.50–$2.70 range or even test lower support levels around $2.40–$2.45. 

Read Also: XRP ETF Approval — Could It Be Just Two Months Away?

Additionally, the SEC’s upcoming closed meeting on February 20, which includes discussions on litigation claims, could provide further clarity on XRP’s legal standing, influencing both investor confidence and price action.

Final Note

As XRP navigates its current trading range of $2.50–$2.70, the recent MEMX filing for an XRP ETF has introduced a new layer of market speculation. 

With institutional demand rising and regulatory perspectives evolving, XRP’s price action in the coming days will likely be influenced by updates from the SEC, particularly its closed meeting on February 20, 2025.

If positive sentiment builds around the ETF approval process, XRP could break out toward $2.75–$2.80, reflecting increased investor confidence. However, if regulatory uncertainties persist or delays occur, XRP may remain range-bound or test lower support levels at $2.40–$2.45.

In the broader context, the approval of an XRP ETF could mark a turning point for the asset, enabling institutional adoption similar to Bitcoin and Ethereum. 

This development would not only impact short-term price action but could also set the foundation for long-term growth. 

For now, traders and investors should monitor key resistance and support levels while staying informed on SEC decisions and market sentiment as XRP approaches a critical phase in its market evolution.

FAQ

1. What is the XRP price prediction for February 20, 2025?

XRP is expected to trade between $2.50–$2.80, with potential resistance at $2.75 and support at $2.40, depending on market sentiment and SEC updates.

2. How does the MEMX XRP ETF filing impact XRP’s price?

If the SEC approves the ETF, institutional demand could push XRP’s price higher. However, delays or rejections may keep XRP range-bound or bearish.

3. What are the key factors affecting XRP’s price movement?

XRP’s price is influenced by SEC regulatory decisions, market sentiment, Bitcoin trends, institutional adoption, and macroeconomic conditions.

4. What will happen if the SEC approves an XRP ETF?

Approval could boost investor confidence, increase liquidity, and drive XRP toward higher price levels, potentially breaking key resistance at $2.80+.

5. What risks should traders watch for regarding XRP?

Regulatory uncertainty, SEC decisions, market volatility, and macroeconomic trends can impact XRP’s price, potentially leading to sharp fluctuations.