Ripple (XRP) has largely been gaining widespread momentum due to its skyrocketing popularity. Ripple is leaving no stone unturned to push XRP to hit new collaborations and, at the same time, help the entire ecosystem inch closer to its goal of establishing global financial dominance. Is XRP on the verge of hitting a new high? Let’s find out.
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Ripple Charts A New Path
Ripple (XRP) is currently gaining the spotlight due to many reasons. Firstly, the token is currently gaining widespread attention due to the spree of ETF applications that have been filed to launch XRP ETFs. In this wake, the US SEC has already acknowledged Grayscale’s XRP ETF application, prompting the XRP community to anticipate the launch news soon in the near future.
🚨SO, for everyone asking what this means — the SEC has *acknowledged* @Grayscale/@NYSE’s 19b-4 application to convert its $XRP Trust into an ETF.
No, it doesn’t mean automatic approval and it doesn’t even guarantee the SEC will approve it down the line.
So why is it notable?… https://t.co/GICXgobYsZ— Eleanor Terrett (@EleanorTerrett) February 13, 2025
At the same time, Ripple seems to be expanding its dominion by collaborating with Unicambio Exchange. The token has joined hands with the exchange to simplify cross-border payments between Brazil and Portugal.
Planting the Ripple flag in Portugal today with Unicâmbio, our first Portuguese client and the country’s leading currency exchange provider! Using Ripple Payments, their corporate customers can now move funds near instantly between 🇵🇹 & 🇧🇷. https://t.co/ruOdZnHtAT
— Ripple (@Ripple) February 10, 2025
That being said, the launch of Ripple ETFs could bring in a bullish momentum for the token. At the same time, the community is also awaiting news on the Ripple-US SEC case being wrapped up, which could again prove to be an incredibly bullish development for the token to bank on.
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The Token’s Price Path
Per CoinCodex, Ripple may surge to hit a new price mark of $2.51 on February 20, 2025.
By the end of the month, the token may stabilize around a new price spot of $2.35.
“According to our current XRP price prediction, the price of XRP is predicted to drop by -9.35% and reach $ 2.35 by March 16, 2025. Per our technical indicators, the current sentiment is neutral while the Fear & Greed Index is showing 48 (neutral). XRP recorded 15/30 (50%) green days with 11.31% price volatility over the last 30 days. Based on the XRP forecast, it’s now a good time to buy Ripple.”
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