Why does XRP rise? XRP news on the Brazilian spot XRP ETF leads to high prices and expectations – TradingView news

XRP has risen nearly 7 %, making it the most powerful currency encrypted over the past 24 hours. This gathering is driven by the news of the ongoing work in the first spot in the world XRP ETF, which was set for the first time in Brazil.

Let’s take a closer look at the high price of XRP, the latest XRP news, and what analysts expect for XRP in 2025 and beyond.

Why does the price of XRP rise? 7 % per day

On February 19, 2025, the XRP price, closed at $ 2.7408, increased from an opening price of $ 2.5590, adding 7 % to its value in one session. The main reason for this increase was the announcement of the launch of the first Brazilian XRP ETF spot in the world, called Hashdex Nasdaq XRP Fundo de índice.

Today, Thursday, February 20, 2025, the XRP price is subject to a slight correction, as it decreased 2 % to $ 2.68. However, it is still close to its highest level in November.

XRP price today. Why does XRP rise? Source: CoinmarketCap.com

Impact on the price of XRP

The price movement on February 19, 2025 was clear from historical data:

• Open price: $ 2.5590
• High: $ 2.7440
• Low: $ 2.5174
• Close: $ 2.7408
• Size: 5,175,151,198

Over the past 24 hours, XRP has increased by 4.6 %, outperforming its competitors. Bitcoin is currently less than $ 97,000, and gets 1.2 % during the same period. ETHEREUM (ETH) is traded at $ 2700, an increase of 0.5 %. Currently, none of the upper symbols see greater gains than XRP.

XRP News: Brazil to launch the first XRP ETF spot

The new ETF, approved by Compsão De Valores Mobiliáryos (CVM), is managed by the Brazil Stock Regulator, by Genial Investmentos and will be included on the B3 in Brazil. This step is important because it provides an organized investment for XRP, which may attract more institutional investors and increase demand.

ETF, which is approved by Compsão de Valores Mobiliáryos (CVM), represents a historical moment for XRP. Details include:

• ETF: Hashdex Nasdaq XRP Fundo Deíndice
• Organized: Comica de Valismobilius (CVM)
• Approval: accredited
• Fundadministrator: Genial Investmentos
• Tradingexchange: Braille B3 Exchange
• Official start date: It is expected to be released soon
• CVM website for box details: CVM FULEDDAILS

Silvio Pegado, Managing Director of Ripple in Latin America

“XRP is a natural option for ETF because of its benefit in the real world, the growing institutional demand and the general market cover,” Silvio Pegado, Managing Director of Ripple in Latin America, told Portal Do Bitcoin.

Interestingly, while the ETF launch of Brazil is a major driver, other factors such as continuous legal battles with SEC partnerships and Ripple expansion also play a role in XRP price dynamics. ETF approval can distinguish a new era for XRP, which may lead to an increase in prices with more confidence investors.

This development is important because it provides an organized method for investors to exposure to XRP without buying the encrypted currency directly, and may attract institutional investors and increase demand. The advertisement coincided with February 19, 2025, with price increases, indicating a direct relationship.

It should be noted that in the meantime, CME launched the future of Solana and XRP.

Technical Analysis: The second best day of the month

Over the past thirty days, this XRP has risen only once – on February 14 – when he tested $ 2.84, which now works as a local resistance. So, what is the current situation on the XRP/USDT scheme?

Just like other encryption charts, monotheism dominates. Currently, XRP fights Valentine’s Day resistance, which corresponds to 23.6 % Fibonacci alternative. This region, along with the psychological level, determines $ 2 (50 % of Fibo), the current side movement that has been in playing since late November. Before that, there is another support at $ 2.28 (38.2 % of Fibo). The graph below shows how XRP has been on Fibonacci levels in the past few months.

XRP technical analysis of a price. How high XRP? Source: TradingView.com

For me, the main support area ranges from $ 1.80 (February 3) to $ 1.50 (November 2024), with 200 EMA and 61.8 % of Fibonacci. I do not see the sellers enjoying force to penetrate this area, so any movements towards it can be used as a cheaper XRP.

On the other hand, if the XRP/USDT penetrates the current resistance, it opens the door to move about $ 3.35 – the annual elevation that was tested in early January.

This data and 200 EMA indicate a clear upward trend, which is likely to be fed by ETF news. ETF approval is seen as a seal of legitimacy, which reduces organizational uncertainty and enhance the investor confidence.

Other impressive factors XRP

Although the Brazilian ETF launch is the main driver, other factors may have contributed:

• Legal developments: The ongoing legal battle for Ripple with SEC was an important factor. Positive results, such as the ruling that announces XRP, not security, has historically strengthened prices. More clarity or settlements can continue to influence the value of XRP.
• Adoption and partnerships: Videos of Ripple for the payment network and partnerships with financial institutions, such as Santander and American Express, increasing the demand for XRP, and supporting its price.
• Market feelings: General upward trends in the encryption market, as shown in modern analyzes, can raise XRP alongside other major encrypted currencies.

Predicting the price of XRP 2025 and 2030

2025 forecasts from $ 3 to $ 5.40, with the highest encrypted expectations of $ 5.40. For 2030, expectations vary widely, from at least $ 8.37 (PRICEPREDICTION) to $ 48.03 as a maximum (Telegaon), which reflects various expectations based on adoption and market conditions.

In 2025 and 2030, here is a comprehensive table of analysts and popular institutions:

XRP price expectations, common questions

Why does XRP rise in value?

On February 19, 2025, the price of XR P, closed at $ 2.7408, increased from $ 2.5590, due primarily to Brazil’s approval of the first XR P ETF spot in the world, Hashdex Nasdaq XR P Fundo de índice. This ETF, run by Genial Investmentos, is to be traded on the Brazil B3, an organized means of investors to exposure to XR P, enhance demand and investor confidence. This development is important because it can attract more institutional investors, and may pay the price up.

Is XRP expected to rise?

Analysts have different expectations for the future of XR P. for 2025, prices are expected to range from $ 2.62 to $ 4.96, depending on the source, indicating moderate growth. While some expect a significant increase, “Skyroility” depends on the wide adoption and favorable market conditions, which are not guaranteed but possible given the launch of ETF and organizational transformations.

Will XRP reach $ 5?

Yes, XR P is likely to reach 5 dollars, with some expectations such as Cryptopolitan highly predicts $ 4.96 by the end of 2025, and others such as Pricepreditor.net with an average of $ 4.62. Looking at the current trends and ETF consent, access to $ 5 is on hand, especially with continuous positive developments.

Will XRP reach $ 100?

Access to $ 100 is very speculative and will require extraordinary growth, beyond the current expectations. Although the 2030 long -term predictions range from $ 9 to $ 55.78, getting $ 100 will need tremendous dependence and market changes, making it unlikely in the short term but not impossible in a very bullish scenario.