XRP posted an impressive rebound, up 4% in a single day and nearly 10% over the weekend. While the new week has started with a modest pullback, both XRP news and technical analysis remain strongly bullish.

In this article, we break down why XRP could climb to $2.30 in the short term, reach $3.30 in the medium term, and why long-term XRP price predictions now point to $8, or even $100.

If you're wondering why XRP is rising today and what analysts forecast for its future, this breakdown covers it all.

XRP Price Today After Strongest Rebound in a Month

During Sunday’s session, the price of XRP rose by over 4%, testing the highest levels this month. It’s worth noting that this single-day gain was the strongest in nearly a month, specifically since May 12, when XRP jumped 7.5% to reach $2.65. Although the current price remains 40 cents below that peak, XRP has gained more than 10% over the weekend, climbing from Friday’s lows near $2.10.

On the chart, a potential double bottom pattern is forming around the $2.10 level, which also aligns with the 200-day exponential moving average (200 EMA), providing potential support for a further upward move.

Today, Monday, June 9, 2025, XRP is undergoing a modest correction, retreating by 1.45% to trade at $2.23. However, the price remains significantly higher than it was before the weekend, having moved well above the nearly two-month lows.

Moreover, according to the latest market cap data, XRP is currently among the top gainers over the past 24 hours within the group of major cryptocurrencies. For comparison, in the same time frame, the largest cryptocurrency by market capitalization, Bitcoin (BTC), is up only 0.13%, while the second-largest, Ethereum (ETH), is down nearly 1%. Binance Coin (BNB) is flat, Solana (SOL) has gained 0.5%, and Dogecoin (DOGE) is down 1.2%.

Why Is XRP Price Going Up? 3 Key Drivers

From institutional recognition to real-world utility, XRP is benefiting from a series of catalysts that are reshaping investor sentiment. Why is XRP going up? Let’s check!

1. XRP Added to Nasdaq Crypto US Settlement Price Index

XRP’s inclusion in the Nasdaq Crypto US Settlement Price Index (NCIUS) on June 2 marked a pivotal milestone. This index, tracked by the Hashdex Nasdaq Crypto Index US ETF (ticker: NCIQ), previously focused only on Bitcoin and Ethereum. The expanded version now includes XRP, Cardano (ADA), Solana, and Stellar Lumens (XLM).

Although the ETF itself remains restricted to BTC and ETH holdings, XRP’s addition to the index signals a growing level of institutional acceptance and enhances its profile within regulated financial products.

2. Regulatory Momentum and ETF Optimism

The updated composition of the Nasdaq index has also renewed market hopes for altcoin-based ETFs. While XRP is not yet directly included in any U.S.-listed ETF holdings, its presence in a benchmark used by a regulated fund hints at changing attitudes from regulators and financial institutions.

This development could pave the way for broader crypto ETF adoption, with XRP potentially among the next candidates if U.S. rules evolve.

3. Ripple’s Push to Modernize Cross-Border Payments

Ripple added fuel to the rally by publishing a blog post on May 28, positioning XRP and its new stablecoin, Ripple USD (RLUSD), as a modern solution to the outdated infrastructure of the SWIFT payment system. The company pointed out the inefficiencies of traditional international transfers, citing manual processes, high fees, and lack of transparency, as areas where blockchain can provide immediate improvements.

Ripple’s platform now claims coverage of over 90% of the global foreign exchange market, offering real-time settlement and end-to-end visibility. XRP’s central role in this ecosystem reinforces its long-term utility and value proposition.

Related: After XRP, Ripple’s RLUSD Joins Dubai’s Approved Crypto Tokens Under DFSA

XRP with a Double Bottom: A Chance to Reclaim $2.30

My technical analysis indicates that local support on the XRP/USD chart—visible since early May—has formed a double bottom pattern between late May and early June, based on the lows from May 31, June 5, and June 6. The horizontal support is located at $2.10 and is further reinforced by the 200 EMA.

If not for the current consolidation between this moving average and the shorter-term 50 EMA near $2.26, I would suggest that the double bottom pattern could enable a stronger breakout toward $2.60, a level tested a month ago. However, due to the nearby local peaks and the $2.30 level acting alternately as support and resistance in recent weeks, the short-term target appears to be $2.30.

That said, my medium-term outlook is more optimistic, based on a larger and more established technical pattern: the bull flag formation.

Bullish Flag Pattern Predicts XRP Could Rise to $3.30

The bull flag I’ve identified began forming from the April lows, when XRP traded at $1.60. The price then surged to $2.60 before entering a downward regression channel, where it remained until this past weekend. After three consecutive days of gains and a strong Sunday rally, XRP broke out of the flag formation, confirming the upward breakout.

Based on the height of the flagpole, the measured target for this breakout is approximately $3.30, levels not seen since mid-January 2025. Notably, XRP/USDT also broke out of a much broader and longer-term bearish channel drawn from the beginning of the year. A confirmed breakout above the 50 EMA and the $2.30 level would, for me, validate this move and open the path to the medium-term target of $3.30.

This would represent a nearly 50% gain from current levels, offering retail investors a compelling upside and profit opportunity.

I also identified a yet-to-be-confirmed flag formation on the Bitcoin chart last week. Similar to XRP, the pattern has been developing from the April lows. In that same analysis, I cited expert forecasts suggesting that Bitcoin could reach $125,000 by the end of this month and potentially climb to $200,000 by year-end. You can read more about that projection here.

XRP Price Support and Resistance Levels

XRP Price Predictions for 2025 and 2026 Range from $8 to as High as $100

The XRP price outlook for 2025 and 2026 spans an unusually wide range, reflecting growing optimism among traders and analysts. Most conservative forecasts suggest that XRP could reach between $3 and $8 in the coming months, while more aggressive scenarios extend that target significantly, with some predicting a long-term move toward $100 per token by 2026.

Bitget Research’s Chief Analyst, Ryan Lee, predicts that XRP could rise to $8 in 2025, supported by strong institutional interest, technical breakout patterns, and the potential for an “altseason” sparked by Bitcoin consolidation.

At the same time, some members of the crypto community are pointing to even more ambitious projections. One widely circulated forecast suggests XRP could hit $100 by 2026, citing the potential for institutional adoption, spot ETF approval, and Ripple’s growing role in global finance through products like RLUSD and its blockchain-based cross-border payment network.

“XRP to $1,000 could happen a lot sooner than people anticipate. 2025 could be the year we see a $100 XRP. By 2026-2027 we could see XRP move rapidly from $100 to $1,000,” commented BarriC, a popular cryptocurrency analyst from X (formerly Twitter).

While such extreme predictions should be treated with caution due to their speculative nature, they highlight the high expectations some investors are placing on XRP’s future utility.

XRP Price Predictions Table

Ultimately, the path forward for XRP will depend on the alignment of regulatory approvals, institutional inflows, and Ripple’s execution on its payment infrastructure roadmap. Investors are closely watching the June 17 SEC decision on the XRP ETF, which could act as a short-term catalyst and shape the trajectory into 2026.

XRP News, FAQ

Why Is XRP Going Up So Much?

XRP’s price surge in early June 2025 is driven by a combination of regulatory, technical, and institutional factors. Most notably, Ripple’s legal victory over the SEC brought long-awaited regulatory clarity, confirming that XRP is not a security in the U.S. This decision has opened the door for increased participation by institutional investors. At the same time, anticipation surrounding a possible XRP spot ETF, especially with an SEC decision expected on June 17, has injected new bullish sentiment into the market.

Can XRP Reach $20?

While reaching $20 is not impossible, it would require substantial catalysts and favorable conditions to materialize. At that price point, XRP’s market capitalization would exceed $1 trillion, placing it among the most valuable financial assets globally. Achieving this would likely depend on a combination of mass institutional adoption, successful integration of Ripple's payment technology across global banking systems, and a strong bull market across the crypto sector.

Will XRP Hit $10 in 2025?

There is a growing consensus among bullish analysts that XRP could approach or even hit $10 before the end of 2025, especially if key events align. These include the approval of a U.S. spot XRP ETF, further institutional inflows, and continued expansion of Ripple’s cross-border payment services. Technical indicators also support a potential move higher, with short-term targets in the $3–$5 range already in play.

Will XRP Reach $5?

A move to $5 is widely seen as a realistic target for XRP in 2025, particularly if short-term resistance levels are broken. Technical forecasts identify $2.60 and $3.00 as key breakout points, with $5.00 often cited as the next major psychological and technical milestone. This scenario becomes more likely if Ripple successfully expands its enterprise payment network and the SEC approves the much-anticipated XRP ETF. Given the current pace of adoption, improved regulatory outlook, and bullish sentiment, $5 is viewed by many analysts as a probable medium-term objective—especially during a broader altcoin rally.