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The XRP price has dropped over 1% in the last 24 hours to trade at $2.22 as of 4:13 a.m. EST on a 38% drop in its trading volume to $2.44 billion.
The slight drop in the XRP price comes despite the SEC approving Grayscale’s Digital Large Cap Fund for conversion into an ETF (exchange-traded fund) that holds BTC, ETH, XRP, SOL, and ADA.
And there we have it. SEC approves NYSE Arca's 19b-4 to list Grayscale's crypto index fund as an ETF.
It currently holds BTC, ETH, SOL, XRP and ADA pic.twitter.com/PwgOhpF0eu
— Ben Strack 🟪 (@strack_ben) July 1, 2025
XRP Price Targets 16% Pump If It Breaks Out Of This Bullish Pattern
The 6-hour XRP/USD chart appears bullish, as a classic ascending triangle is forming, with the price bouncing between solid ascending support and resistance hovering around $2.21.
If the XRP price breaks out and holds, the crypto could moon to $2.60 or even $2.70 soon. The 50 Simple Moving Average (SMA) ($2.1478) and 200-period SMA ($2.2454) are trending upward, showing strong momentum.
XRPUSD Analysis Source: Tradingview
Zooming into the indicators, the Relative Strength Index (RSI) is at 53.48, so there’s room to run before the crypto enters overbought territory. Meanwhile, the Moving Average Convergence Divergence (MACD) is flatlining and showing a slight bearish crossover, with the signal line (orange) edging above the MACD line (blue), hinting at potential consolidation.
Grayscale ETF Buzz Could Drive XRP Price To $3
The Grayscale ETF approval could pump institutional funds into XRP, especially after its legal battles come to an end. Analysts are predicting that this could propel XRP past $3 if the market remains strong.
Historically, ETF approvals have driven prices higher, as seen in BTC’s rally following its ETF approval. With XRP at 2.1958 now, a 20-30% spike isn’t off the table in the short term, placing the potential target near $2.635—$2.854. In the long term, if adoption grows, $5 could even be achieved by year-end.
However, there are risks. A rejection at the $2.33 resistance could send XRP back to $2.1478 or lower if bears are aggressive.
In summary, XRP’s chart is signaling the asset is bullish, backed by the ETF hype. A great short-term target would be $2.60 to $2.70, while a good long-term target might be $3 to $5 if the trend holds.
This Meme Coin Is Investors’ Ticket To Free Bitcoin – Next Crypto To Explode?
As the XRP price prepares to break out, investors are flocking to BTC Bull Token (BTCBULL), a new Bitcoin-themed meme coin that’s making waves in its final presale days.
With over $7.8 million raised, this project is turning heads by offering something unique: actual Bitcoin rewards for holders. As Bitcoin climbs toward new highs, BTCBULL aims to cash in on the hype while dishing out free BTC to its community.
BTCBULL ties its value to Bitcoin’s price milestones. When Bitcoin hits $150,000 and $200,000 for the first time, holders using the Best Wallet app will receive Bitcoin airdrops.
Additionally, a massive BTCBULL airdrop is planned for when Bitcoin reaches $250,000, rewarding those who hold the most tokens. It’s like cheering for Bitcoin’s success and getting paid for it.
$BTCBULL claim goes live 7th July, 2PM UTC. 🐂💥
Don’t miss the charge. ⚔️https://t.co/N1kqrY0bow pic.twitter.com/2mxOI6Qwsw
— BTCBULL_TOKEN (@BTCBULL_TOKEN) June 30, 2025
To sweeten the deal, BTCBULL’s team is also planning token burns at Bitcoin price points like $125,000, $175,000, and $225,000. These burns will permanently remove a portion of the token’s 21 billion supply, mimicking Bitcoin’s scarcity model and potentially driving up BTCBULL’s value.
Last Chance To Buy BTCBULL Tokens At Presale Price – Only 5 Days Left
Bitcoin is currently trading above $107,000, and experts predict it could reach $200,000 by 2025. If that happens, BTCBULL holders could be in for a wild ride. Combine that with a 52% annual staking yield, and it’s no wonder investors are jumping in.
Even a crypto analyst on the 99Bitcoins YouTube channel, which has over 723k subscribers, says BTCBULL has the potential to soar 10X after its launch.
Currently priced at $0.002585, BTCBULL is still in its presale phase, allowing investors to purchase tokens using ETH, USDT, BNB, or a bank card through the project’s website.
However, with the presale ending on July 7, 2025, investors have only 5 days left to grab BTBULL at this pre-market price.
Visit the BTC Bull Token website.
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- NOT Plunges 4% As Investors Pivot To This Telegram Trading Bot Presale
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