XRP Price Ready To Rise, Here Are Breakout Targets

XRP price has confirmed a major bullish pattern, signaling a potential shift in its long-term price direction. Recent positive developments are also contributing to its bullish reversal.

Inverse Head and Shoulders Breakout Targets $2.70–$2.90

Technical analysis shared by market analyst Ali shows that XRP price has completed an inverse head and shoulders pattern. It is a bullish reversal pattern that often forms at the end of a downtrend.

The neckline, placed around $2.35 to $2.40, has been broken, and price action indicates strong follow-through. The potential upside target following this breakout is between $2.70 and $2.90. It is calculated by measuring the distance between the head and the neckline, then projecting it upwards.

Fibonacci extension levels between 1.618 and 1.786 support this target zone. These technical levels often serve as natural zones where traders anticipate reactions, making them important to watch.

XRP Price Enters Phase 4 Growth Cycle, Analyst Suggests

NevadaShot37 has analyzed that XRP starts Phase 4 of its extended price cycle. This cycle includes four stages: accumulation will be followed by growth, and then distribution, until finally ending with correction.

According to the analyst, XRP has completed its accumulation phase. So, distribution has ended, and a “quantum jump” is now in motion. The previous price cycles featured extended periods without significant price change which was then followed by major price fluctuations.

According to the assessment, the Phase 4 XRP price cycle will reach its apex during late 2025. The first cost projection for this market cycle contends that XRP can challenge its former highest valuation point.

The analyst predicts that XRP will potentially reach both $6.618 and $21.5 due to Fibonacci extension calculations. Technicians have designated target levels, yet these numerical forecasts still need robust market factors to become valid.

XRP Futures ETFs Approved, Spot ETF Pending

The United States Securities and Exchange Commission (SEC) approved three XRP futures-based exchange-traded funds (ETFs) from ProShares. That’s a part of its authorization process, which took place earlier in the day.

The Ultra XRP ETF offers 2x leverage as well as inverse leverage through the Short XRP ETF. Moreover, the Ultra Short XRP ETF provides double inverse leverage. The XRP futures-based exchange-traded funds (ETFs) will begin trading operations on Wednesday, 30 April this week.

Futures ETFs track the price movements of XRP futures contracts, not the spot price of XRP itself. However, they provide a regulated way for investors to gain exposure to XRP price movements without holding the token.

In addition, ProShares has applied for a Spot XRP ETF. While approval is still pending, the launch of XRP futures ETFs marks a major development in making XRP more accessible to institutional investors.

Ripple’s Legal Battle with the SEC Moves Toward Settlement

Ripple, the company behind XRP, has had a lengthy legal battle with the US SEC. In December 2020, the SEC sued Ripple, alleging that it had conducted an unregistered securities offering by selling XRP.

In March 2025, Ripple CEO Brad Garlinghouse revealed that the U.S. Securities and Exchange Commission had consented to abandon its final appeal, which required a Commission vote for its execution. Garlinghouse officially announced that the case had reached its conclusion.

However, at press time, XRP price experienced a significant increase to $2.29. Its trading volume also increased by 22.88% along with a 0.82% slight price increase. It predicts short-term optimistic market behavior.

Market trends are supported by strong volume rises, although complete market analysis requires long-term data observation.