XRP Price Prediction 2025: Will SEC Decision on Spot ETF Applications Trigger a New Bull Cycle?

XRP price extended its gains on Thursday, gaining 3% to trade at $2.39 at the time of writing. The coin's resilience above the $2 mark has paid off

XRP price continued its bullish trajectory on Thursday, notching up gains of 3% to trade at $2.39 at the last check. The seventh-ranked coin showed no signs of slowing down from its recent breakout.

A closer look at XRP price action on the 4-hour chart reveals a breakout from a bullish pennant pattern, as highlighted earlier. That move set up a potential target of a new record high price at $4.580.

XRP price 4-hour chart

The bullish outlook for XRP price was further supported by a surge in the asset’s trading volume over the past 24 hours. According to data from CoinMarketCap, the coin’s trading volume spiked by a massive 146% in that time frame, even as the price continued its uptrend.

This surge in trading volume typically indicates strong investor confidence in the asset, which bodes well for a continuation of the uptrend.

One key factor that could have a significant impact on XRP price trajectory in 2025 is the decision by the Securities and Exchange Commission (SEC) on XRP Spot ETF applications.

A total of four ETF applications were filed in the last quarter by Bitwise, 21 Shares, Canary Capital and Wisdom Tree in the last quarter of 2025.

The SEC has until June 2025 to make a decision on the applications, which is quite a long time away. However, an approval could inject significant upside momentum into XRP price.

In the meantime, XRP price will also be influenced by developments around the SEC’s Programmatic Sales appeal against XRP issuer, Ripple Labs.

January 15 is the deadline for the SEC to file its opening brief on the appeal. That will be followed by the departure of SEC commissioner Jaime Lizarraga two days later. Finally, SEC Chairman Gary Gensler will leave office via resignation on January 20.

These events could bring good news for XRP price in the coming months and in the long-term.

XRP Price Prediction

Pivot: XRP price pivots at $2.35 and the upside will prevail if the price action stays above that level. Conversely, breaking below that mark will shift the momentum to the downside.

Resistance: With the buyers in control, immediate resistance for XRP will be at $2.42. However, a stronger momentum could breach that barrier and test $2.50.

Support: Primary support at $2.28. The upside narrative will be invalid if the price breaks below that level. That could establish the second support at $2.21.