XRP Price Prediction: Ripple Token Climbs 5% As SEC Delays XRP ETF Decision And Traders Pile Into This Crypto Index ICO Before Time Runs Out

The XRP price climbed 5% in the last 24 hours to trade at $2.22 as of 4:50 a.m. EST on trading volume that dropped 30% to $6.68 billion.

The Ripple Token price went up despite the fact that the US Securities and Exchange Commission (SEC) decided to delay the decision regarding the XRP ETF (exchange-traded fund). The SEC did not only delay the XRP ETF, but rather a number of similar altcoin funds, including proposals involving Solana, Dogecoin, and Litecoin.

In a slew of filings on March 11, the regulator said that it has designated a longer period to decide on the proposed rule changes that would allow the ETFs to proceed. This approach is quite different from the SEC’s previous rejections, as it signals that the regulator is ready to take the crypto industry seriously.

XRP Price Prediction

Despite the XRP ETF delay, the coin’s price has gone up from $2.06 to $2.22 in the last 24 hours. Given the recent volatility, the XRP price is still moving up and down with sharp fluctuations, but the overall sentiment appears to be turning bullish.

The coin’s Bollinger Bands have been relatively wide in the last two days, apart from yesterday’s sharp drop, followed by an even sharper recovery. That was when the bands saw a significant widening, which was then followed by a return to normal.

15-minute chart for XRP/USDT (Source: TradingView)

The project’s Relative Strength Index (RSI) value shows that traders have been mostly optimistic in the last day and a half, which is when XRP’s RSI went from the oversold zone up to the overbought area. Since then, it has seen fluctuations, but the lowest its RSI has dropped to was around 40, and after each dip, it would see a return to the overbought zone.

This suggests that traders were quick to buy when the RSI started approaching the oversold zone, without letting it actually reach it. This indicates that there is growing optimism about the coin, which could end up pushing its price further up.

Promising Alternative To XRP

While XRP’s price may have hit a wall at $2.22, industry players are excited about new projects like Meme Index (MEMEX), which could see a big price surge after launch now that the market’s overall trend appears to be shifting.

Meme Index is a project created to simplify meme coin investments, but more importantly, to reduce the risk of making them. The key to safe investing in crypto is diversification — investing in multiple cryptos, so that if one or two tokens see a price drop, investors’ portfolios could still bring gains thanks to the others that are performing well.

If only there was a utility that would diversify your investment in these bearish times and keep YOU in profit.

Oh, Wait! $MEMEX 🔥https://t.co/7P9aYCaBEn pic.twitter.com/RXsKYXyupy

— Meme Index (@memecoin_index) March 11, 2025

Of course, building a diverse portfolio manually requires not only a lot of work and research, but also a lot of money. Meme Index solved the issue by creating baskets of meme coins that users can invest in and achieve a diverse investment with a single move.

There are four indexes, known as Titan, Moonshot, MidCap, and Frenzy. Each of them comes with its own level of risk-reward ratio, but investing in any of them is generally safer than buying a single crypto.

Titan is the least risky as it contains the largest, most established meme coins. Moonshot will hold the coins and tokens that are right under the top-ranking ones, while MidCap will offer those whose market cap is between $50m and $250m. Frenzy, as the name suggests, will be the riskiest option, offering experimental and new trending meme coins that could go either way.

To invest in these indexes, however, investors will first need MEMEX, the project’s native token, which is currently in presale. Its ICO raised over $3.99 million, and is now approaching the $4 million mark. Meanwhile, the developers recently announced that the project’s ICO will end at the end of March, which is in 19 days.

Until then, MEMEX will be selling for only $0.0166883 per token. This is a bargain considering the fact that experts believe its price might skyrocket after it goes live. According to 99Bitcoins, a prominent crypto channel on YouTube that boasts over 725K subscribers, MEMEX has the potential to be the next 100x crypto.

Visit the official Meme Index website.

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