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The XRP price jumped 3% in the last 24 hours to trade at $2.43 as of 4:49 a.m. EST on a 48% surge in daily trading volume to $4 billion.
This comes as the first XRP Futures ETF (exchange-traded fund) lists today. Volatility Shares will launch an XRP futures ETF, according to Bloomberg’s senior ETF analyst Eric Balchunas.
VolatilityShares is launching the first-ever XRP futures ETF tomorrow, ticker $XRPI.. yes there is a 2x XRP already on market (this is first 1x) and it has $120m aum and trades $35m/day. Good signal that there will be demand for this one. pic.twitter.com/rCooyNZgu0
— Eric Balchunas (@EricBalchunas) May 21, 2025
The ETF product will be the first 1X futures fund linked to XRP and will trade under the XRPI ticker.
XRP Price Remains Bullish, Set For A Breakout
The 1-day XRP price chart shows that XRP is currently at $2.4335, up over 3% on the day. The chart shows a potential for trend continuation.
After breaking out around early May, XRP is currently trending outside a falling wedge, a pattern that often leads to a big move.
The Ripple token price hit a high of $2.6467 after the breakout, before it began correcting. This pullback is healthy, as it’s part of a breakout-and-retest pattern, which is necessary to confirm a bullish trend.
XRP now seems to be consolidating, with a potential breakout of the sideways pattern within the $2.40 level.
Meanwhile, the price of the Ripple token is currently trading above both the 50-day and 200-day Simple Moving Averages (SMAs), which supports the bullish outlook.
The Relative Strength Index (RSI) at 56.7 is neutral, so there are no overbought or oversold signals yet. However, the indicator points upward, indicating that buying momentum on XRP may increase.
XRP/USD Chart Analysis (Tradingview)
Ripple Token Price At A Critical Juncture – Breakout Signals A 114% Surge
According to the XRP/USDT chart analysis, the Ripple token price is currently at a critical juncture, as the RSI shows a likelihood of a bullish surge, while the SMAs indicate an incoming correction.
If the price of XRP breaks above $2.64 (the previous high), the next stop could be $3.39 (the previous ATH). Beyond that, it could rise to $5.22, which marks a 114% pump from the current price.
On the flip side, if the XRP price cracks below the $2.30 support (which aligns with the 0.382 Fibonacci retracement level), investors might see a drop to $2.06, or worse, $1.9581 (0.5 Fib level).
Meanwhile, investors are piling into a new Bitcoin-themed meme coin called BTC Bull Token (BTCBULL), which will give token holders free BTC.
Jacob Bury, a prominent YouTuber with over 56.3k subscribers, says BTCBULL has the potential to soar 10X after launch.
BTC Bull Token Presale Closes On $6.5 Million
BTC Bull Token has secured $6.14 million for its airdrop platform that will distribute real Bitcoin to token holders.
The Bitcoin Bull Token project is based on the conviction that Bitcoin’s value will surge to $1 million and beyond in the coming years. After BTC rose to a new all-time high above $110K, this might happen sooner than many expect.
BTC Bull Token owners will receive airdrops of real Bitcoin when the BTC price hits key milestones. Those start at $150,000 and follow in $50k increments thereafter.
In addition, each $50,000 move higher in Bitcoin’s price will trigger a BTCBULL token burn, starting at $125K. This mirrors Bitcoin’s scarcity mechanics and makes the meme coin more scarce, further strengthening the bull case for the BTCBULL token.
🚨 $BTCBULL is Live in Upcoming Tokens! 🚨@BTCBULL_TOKEN is a Bitcoin rewards-based meme token that delivers milestone-based airdrops as Bitcoin hits new price levels.
With built-in incentives for buying, holding, and trading, $BTCBULL gives holders a new way to stack BTC.… pic.twitter.com/BMzBHcLltU
— Best Wallet (@BestWalletHQ) February 10, 2025
A huge BTCBULL token airdrop also awaits the strongest hodlers when BTC hits $250,000, weighted by the participant’s Community Sale purchase amount.
BTCBULL token holders also have an opportunity to earn passively through the project’s staking platform, which offers a massive 67% annual percentage yield (APY).
Investors interested in participating in the presale can visit the official BTC Bull Token website to buy BTCBULL tokens for $0.002525 each using BNB, ETH, USDT, or a bank card.
Buy before a price hike in less than 2 days to secure the best deal.
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