XRP Price Forecast: Four Key Reasons It Could Surge by 50% in June

By: Crispus Nyaga
Date: June 1, 2025
Edited by: Jayson Derrick

As of early June 2025, XRP remains mired in a technical bear market, experiencing a significant decline of 37% from its peak earlier in the year. Currently trading at approximately $2.14, XRP has failed to show similar upward momentum compared to Bitcoin, which has seen a 15% increase thus far this year. Despite this backdrop, multiple analysts are eyeing a potential 50% price surge for XRP in the coming weeks, motivated by several key factors.

1. Potential SEC Approval for XRP ETF

A pivotal event on the horizon is the expected decision from the Securities and Exchange Commission (SEC) regarding Franklin Templeton’s application for a Bitcoin ETF, due by June 17. Should the SEC approve this fund, analysts believe it could dramatically bolster XRP’s market presence, specifically as Wall Street investors may pour an estimated $8 billion into the fund within the first year. However, uncertainties linger, as traders from Polymarket currently assign a 21% probability to the approval by the end of July, with an 83% chance by year’s end. A delay could dampen immediate hopes, but the anticipation around the approval is nonetheless generating buzz in the market.

2. Strong Market Sentiment

Traders in the crypto market are currently positioning for a potential breakout in XRP’s price. The perpetual futures funding rate—a critical indicator of market sentiment—has remained positive over the past few weeks. This suggests that traders expect XRP’s value to rise further, marking an optimistic shift in sentiment that could catalyze a price increase.

3. Bitcoin’s Bullish Breakout

Analysts are observing bullish patterns with Bitcoin, forecasting a possible breakout that could significantly impact XRP’s price. Bitcoin is currently forming the handle section of a cup-and-handle pattern—a classic bullish signal that could propel its price toward $143,000. A surge in Bitcoin’s value typically has a ripple effect across the cryptocurrency market, enhancing the likelihood of XRP benefitting from increased investor enthusiasm.

4. Technical Indicators Favoring XRP

XRP’s technical indicators are indicating a phase of accumulation, suggesting that demand may soon overtake supply. The digital currency is trading above the 200-day moving average, a positive sign often associated with bullish momentum. Additionally, XRP has formed a bullish pennant pattern—a combination of a vertical line and a triangular formation—typically leading to a significant breakout. Furthermore, an inverse head-and-shoulders pattern is emerging, hinting at a potential retest of its resistance level at $3.3842, which translates to nearly a 50% increase from its current trading price.

Conclusion

As XRP navigates through the complexities of the cryptocurrency market, the convergence of potential SEC regulatory actions, positive trader sentiments, Bitcoin’s bullish trends, and encouraging technical indicators suggests a promising outlook for the digital asset. As traders remain alert to developments in these areas, the possibility of a 50% price increase in June remains a topic of considerable interest and speculation among market participants.

For those following the cryptocurrency market, these factors could create a volatile but potentially rewarding period for XRP investors. Market watchers will be keen to observe how these elements unfold in the coming weeks as they could significantly impact XRP’s trajectory.

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