• XRP price prediction is making waves, jumping over 5% in the last 24 hours and hitting $2.7!
• This exciting surge is fueled by some big happenings in the market and regulatory world.
• The excitement is catching on, with investors wondering if XRP will break past $3 soon.

Top 3 Reasons why XRP Price prediction is UP

1. Brazil Launches the World’s First Spot XRP ETF

Let’s dive into the biggest reason behind XRP price prediction: the exciting news from Brazil! They’ve just announced the world’s first spot XRP exchange-traded fund (ETF), officially called HASHDEX NASDAQ XRP FUNDO DE ÍNDICE. This is a huge milestone for Ripple and the entire crypto world.

ETFs? They’ve become game-changers in making cryptocurrencies more mainstream. Essentially, they offer an easier route for both big institutions and regular folks to invest in digital assets without directly managing them. Getting the thumbs up for a spot XRP ETF is huge news. It means that major financial players and investors can now jump into XRP with more trust and clear regulations. And, naturally, this pumps up demand and makes it easier to trade XRP.

Brazil stepping up to be the first with an XRP ETF really highlights strong institutional interest in XRP and its long-term potential. And if other countries and big financial players take note? We’re likely to see similar moves in other markets, giving XRP’s growth an even bigger push.

2. SEC’s Changing Stance on Major Crypto Lawsuits

Another key factor fueling XRP’s price increase? Keep an eye on the changing regulatory scene in the US. The U.S. Securities and Exchange Commission (SEC) has been putting the brakes on some major crypto lawsuits lately, possibly to give themselves time to think about dropping them altogether.

You might remember when Gary Gensler took the lead at the SEC – they really ramped up legal action against Ripple, Kraken, Coinbase, and loads of other crypto companies. But now, things seem to be changing in the regulatory leadership, and the agency’s approach looks like it might be softening. Many people are reading into these delays, suggesting the SEC might be rethinking their game plan.

The Ripple vs. SEC lawsuit? It’s been dragging on since December 2020 and remains a massive deal for the crypto industry. The case is at a critical point, with a key date coming up on April 16. Market watchers believe that if the SEC hints at backing down or dropping the case, it could be incredibly good news for XRP’s future.

Plus, top journalist Eleanor Terrett is reporting that the SEC is now focusing on cases with pressing court deadlines. This could be why we haven’t seen any more delay requests for the Ripple case. If the SEC decides to settle or just drop the lawsuit altogether, it would remove a huge hurdle for XRP, potentially setting the stage for a really big rally.

3. Investors Accumulating XRP at Lower Prices

Let’s look beyond regulations and big institutions for a moment. Another big reason XRP is on the rise is simply investor vibes. Lots of traders and investors think XRP’s current price is a bargain, a perfect chance to buy before it potentially shoots up even higher.

The crypto market tends to move in cycles. Smart investors often buy up assets when prices are stable or dip a bit. With XRP hanging around $2.7, many investors are betting on its long-term potential, leading to more buying action.

Market psychology is a powerful force in price moves. When traders spot positive signs—like clearer regulations or more institutions adopting crypto—they tend to jump in fast. The recent jump in XRP’s trading volume tells us that investors are getting ready for potential gains, expecting the price to smash through key resistance levels.

XRP Price Prediction: Can XRP Break $3 Again?

With all these positive factors in play, many analysts are betting that XRP could be gearing up to break the $3 mark again soon. If this momentum keeps going and the SEC lawsuit takes a favorable turn, XRP could see even bigger price jumps in the weeks ahead.

XRP/USDT 1-day chart – Bitget

Historically, XRP has seen explosive rallies after major breakthroughs. The introduction of a spot XRP ETF in Brazil, combined with regulatory shifts in the U.S., are strong tailwinds pushing for further price increases. If buying pressure stays strong, XRP could definitely test its previous all-time highs and even set new records.