XRP has caught investors' attention after being included in the 'Crypto Blue Chip ETF' proposal by Truth Social, associated with Donald Trump. This proposal contributed to a 6% increase in XRP's value, reaching $2.57.
Impact of ETF News on XRP
The announcement of the Truth Social-backed ETF has disrupted XRP’s previously stable price pattern. As of July 8, 2025, XRP joined the ranks of Bitcoin, Ethereum, Solana, and Cronos. This revelation led to a significant uptick in trading activities, propelling the cryptocurrency beyond its persistent $2.31 to $2.36 resistance zone.
Analysts' Views on XRP's Future
Analysts consider XRP’s placement in this ETF proposal as a pivotal moment that could attract institutional investors. If successful, this fund would simplify XRP investments for a broader audience. Short-term prospects hinge on XRP maintaining its stance above the $2.44 mark, which could pave the way toward breaking the $2.60 to $2.65 barrier.
XRP Market Outlook
In the broader technical landscape, XRP is observed to be in a robust bullish phase, akin to a third wave of growth. The price at $2.31 to $2.36 is now seen as a solid support level, likely to hold during any minor corrections. Looking ahead, surpassing $2.67 could steer XRP toward a target of $3.30, with longer-term potential price points of $5.00 to $9.81 considered achievable if the market climate remains optimistic.
XRP's recent price movements, influenced by the ETF announcement, signal the potential for significant market developments. While its trajectory remains subject to fluctuations driven by regulatory and market dynamics, the current landscape reflects strong investor optimism and strategic growth opportunities for XRP.
