XRP Price Forecast for February 21, 22, 23 This Week - Latest XRP ETF Developments

XRP continues to be a focal point in the cryptocurrency market, with recent ETF developments and legal battles shaping its trajectory. 

As of February 19, 2025, XRP is trading at approximately $2.69, with analysts predicting a price range of $2.50 to $3.00 over the next few days. 

With the SEC acknowledging multiple XRP ETF filings and Hashdex preparing to launch the first spot XRP ETF in Brazil, investor interest is rising. Could these developments push XRP toward new highs?

Current XRP Price Context

XRP has experienced a 6% increase above $2.70 following the SEC's acknowledgment of multiple XRP ETF filings. 

This momentum is further supported by Hashdex's regulatory approval to launch a spot XRP ETF in Brazil, potentially setting a precedent for future approvals in the U.S.

XRP Price Predictions for February 21, 22, 23, 2025

February 21, 2025: Expected Stability

Analysts anticipate that XRP will trade within the $2.50 to $2.80 range on this date. Market sentiment and trading volume will play a crucial role in price stability. 

XRP is expected to consolidate within this range if no major external developments occur before determining its next move. However, sudden whale activity or ETF-related news could introduce unexpected volatility.

February 22, 2025: Potential Minor Fluctuations

XRP is likely to continue moving within the same range as the previous day, but minor fluctuations could occur due to changing investor sentiment and technical indicators. 

Traders will be watching resistance levels around $2.80 and support at $2.50. If buying pressure increases, XRP could start forming a breakout pattern, leading to heightened market speculation.

February 23, 2025: Possible Breakout Toward $3.00

If bullish momentum sustains and institutional interest continues growing, XRP could attempt a breakout past the $2.80 mark and move closer to $3.00. 

This would largely depend on external catalysts such as further SEC updates on XRP ETF filings, increased trading volume, and general market conditions. 

A confirmed breakout above $3.00 could set the stage for further upward movement toward the $3.40 resistance level.

Read also: Ripple vs SEC Speculation: Prediction of Ripple's Absolute Winning Probability

Key Factors Influencing XRP’s Price

SEC’s Acknowledgment of XRP ETF Filings

The U.S. Securities and Exchange Commission (SEC) has acknowledged ETF filings from major exchanges such as Nasdaq and Cboe BZX, submitted on behalf of CoinShares, Canary Capital, and WisdomTree. 

This acknowledgment marks the beginning of a 240-day review window, during which the SEC will assess these filings and potentially approve or reject them. 

If approved, these ETFs could significantly boost institutional adoption of XRP, increasing demand and price appreciation. 

Investors are closely monitoring this process, as a favorable ruling could act as a major catalyst for XRP’s next price surge.

Read also: SEC Appeals Ripple Ruling, Challenging XRP’s Classification

Hashdex’s Spot XRP ETF Approval

While the U.S. is still in the review process, asset manager Hashdex has already secured regulatory approval in Brazil to launch the world’s first spot XRP ETF. 

This development is monumental for the XRP ecosystem as it sets a precedent for other jurisdictions to follow suit. Institutional investors now have a new avenue to gain exposure to XRP, increasing its credibility and demand. 

If the success of Bitcoin and Ethereum ETFs is any indication, Hashdex’s XRP ETF could pave the way for higher liquidity and price stability in the market.

Legal Developments in the Ripple Case

The ongoing SEC lawsuit against Ripple remains a critical factor influencing XRP’s price trajectory. 

The SEC’s previous administration pursued aggressive legal actions against crypto companies, including Ripple, but with new leadership under acting Chair Mark Uyeda, there’s growing speculation that regulatory stances may shift. 

The court case, with its next deadline set for April 16, 2025, could determine whether XRP is classified as a security, which would have long-term implications for its trading and adoption. 

Any positive legal outcomes could lead to a significant price rally, while prolonged legal uncertainties may suppress price momentum.

Read Also: XRP Price Prediction 2025 - 2050

Technical Analysis and Market Trends

From a technical standpoint, XRP is currently testing a key resistance level at $2.72. Several technical indicators, including the Relative Strength Index (RSI), Stochastic Oscillator, and Moving Average Convergence Divergence (MACD), suggest that bullish momentum is gaining strength. 

If XRP successfully breaks above $2.72, analysts predict a potential rally toward $3.40. However, if XRP fails to maintain support at $2.55, it could retrace to $1.96. Traders are closely watching volume spikes and whale activity to determine whether a breakout or a pullback is more likely.

Read also: XRP vs. SEC Lawsuit: A Potential Turning Point?

Final Thoughts

XRP is at a crucial juncture, with ETF developments and technical patterns suggesting potential bullish movement. 

While a rally toward $3.40 is possible, investors should watch key resistance levels and regulatory decisions closely. The coming days will be pivotal in shaping XRP’s short-term trajectory.

FAQ

What is the price prediction for XRP on February 21-23, 2025?

Analysts expect XRP to trade between $2.50 and $3.00, with a potential breakout toward $3.40 if key resistance levels are surpassed.

How will the SEC's acknowledgment of XRP ETFs impact the price?

The SEC’s recognition of multiple XRP ETF filings is a positive signal for institutional adoption, potentially driving demand and price appreciation.

What does Hashdex’s XRP ETF approval mean for investors?

Hashdex’s approval in Brazil paves the way for broader institutional interest in XRP, increasing its credibility as an investment asset.

Could XRP surpass its all-time high?

If regulatory approvals continue and bullish momentum sustains, XRP could challenge its previous ATH, but this depends on market conditions and legal outcomes.