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Highlights
- XRP price eyes massive gains amid estimates that ETFs will garner $2 billion inflows if approved tomorrow.
- XRP price has outperformed the broader market with nearly 8% gains and $5 billion trading volumes in 24 hours amid ETF speculation.
- The daily chart further shows the bullish momentum is strengthening, and Ripple might soon hit an ATH.
XRP price is on an uptrend today, April 28, amid rumours that a spot ETF might be approved soon. Data estimates show that these products may amass between $1 and $2 billion in inflows. This article offers an XRP price prediction if this product is approved tomorrow.
XRP value today stands at $2.32 with a 5.2% gain in 24 hours. At press time, XRP had outperformed all the top ten largest cryptos, with trading volumes rising by over 90% to $5 billion.
XRP Price Prediction if ETFs Amass $2B Inflows
According to estimates from DeepSeek AI an approval of XRP ETFs will catalyze a massive XRP price rally. Considering both spot & futures ETF, the inflows in the first three months could range between $640 million and $1.5 billion. In the first year, DeepSeek estimates this value to hit more than $2 billion.
The Chinese-based large language model calculates the inflows considering high retail and institutional interest, growth in On-Demand Liquidity, which uses XRP at its core, and improved regulatory clarity. Moreover, the estimates also factor in the Bitcoin & Ethereum ETF inflows over the past year, making this target for XRP ETFs a realistic one.
ProShares has filed with the SEC for XRP futures ETFs. Meanwhile, the commission is expected to give its decision on a flurry of spot ETF filings next month from top financial institutions. Approval might kickstart the next XRP bull run.
With the $2 billion inflow estimates, XRP price may surge to as high as $4. For context, Bitcoin price soared by 76% within the first three months of spot ETF approvals. If Ripple follows this trend and records a similar rally, it could hit $4 and attain a $232 billion market cap to flip Ethereum.
Data from the launch of an XRP ETF by HashDEX and Teucrium further supports this XRP price prediction and inflow estimates. The first XRP futures ETF in the US by Teucrium has amassed $42M in inflows a few weeks after launching. Meanwhile, Hashdex executive Paulo Mesquita opined that trading volumes for Brazil’s first XRP ETF exceeded expectations.
XRP ETF Approval Odds Surge to 78%
Data from Polymarket shows that 78% of traders anticipate that the SEC will give the green light to spot XRP ETF filings before the end of 2025. At the same time, 41% of investors are bullish that the approval will happen before July 31.
This approval will put XRP at par with Bitcoin and Ethereum, which are currently trading on top exchanges on Wall Street. As the largest US altcoin, XRP ETFs could record massive interest from both retail and institutional investors.
XRP Short-Term Forecast
The daily price chart shows that XRP bulls are growing stronger due to the rising RSI that currently stands at the highest point in nearly two months. With the value of 62, this indicator shows that the current momentum is bullish, and the ongoing rally could continue.
After Ripple formed a higher high on this daily chart, it also flipped the market structure to bullish, and the rally now aims for the next resistance level at $2.76. If it can overcome this resistance level, the next bullish leg will take the XRP price past the all-time highs of $3.40.
However, the ADX is flashing a caution sign as it trends downwards, an indication that is uptrend is weak, and could falter. Therefore, traders should watch out for weakness in the RSI to prepare for a reversal.
To sum up, the XRP price prediction is bullish amid estimates that the flurry of XRP ETFs currently flocking the market might amass $2 billion inflows within the first year and lead to Ripple flipping Ethereum by market cap ranking. Additionally, the daily suggests that an all-time high is on the horizon as the RSI forms higher highs.
Frequently Asked Questions (FAQs)
1. Can XRP ETFs amass $2 billion in inflows?
2. How high will XRP price rally after Ripple ETFs are approved?
3. What does the daily price chart show about XRP?
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