XRP, Spot ETF Approval Target Of 15 Dollars...Expecting Large-Scale Fund Inflow

XRP(Ripple) is likely to surpass 10 dollars due to expectations of spot ETF(Exchange-Traded Fund) approval by the U.S. Securities And Exchange Commission(SEC). Polymarket showed an 80% probability of XRP ETF approval, and Bloomberg also forecasted an 85% chance of approval before October.

If the SEC approves the spot XRP ETF, Ripple can expect a significant inflow of funds similar to the Bitcoin ETF case. Bitcoin saw a capital inflow of 6.4 billion dollars and a 55% increase two months after ETF approval. If a similar trend occurs with XRP, it could rise from the current 2.51 dollars to 3.90 dollars in a short period.

JP Morgan forecasts an inflow of up to 8 billion dollars into XRP ETF, predicting that XRP prices could rise to 15 dollars when converted into market capitalization multiplier models. If this increase is realized, Ripple’s market cap could reach 589 billion dollars, surpassing Ethereum to rank second.

Technical analysis also supports XRP's bullish trend. It is attempting to break through the top of the Bull Flag pattern formed after a 518% surge from Q4 2024 to January 2025, and if successful, it is structured to rise to 17 dollars. The weekly RSI(Relative Strength Index) maintains an uptrend at 57 but shows a weak trend strength in ADX(Average Directional Index), which is analyzed as key.

The release of Ripple and XRP's ETF is gaining significant attention in the market, especially raising expectations due to the pro-cryptocurrency stance of the newly appointed SEC Chairman Paul Atkins. Experts evaluate that if ETF approval becomes a reality, XRP will open a new price horizon, and surpassing 10 dollars will be a feasible scenario if institutional capital inflow is activated.

In conclusion, there is sufficient potential for XRP to exceed 10 dollars along with ETF approval, and if technical support levels and institutional capital inflows align, the uptrend is expected to accelerate further. However, there are opinions that it is necessary to closely monitor selling pressure and market trend strength.