Ripple XRP Nears 3-Month Low, Will it End 2025 Below $3?
Ripple XRP ended this past week in a slump, dropping 11% to a near 3-month low. Presently trading just above $2.5, XRP failed to remain above the lower $3 mark to confirm a rally. As a result, selling pressure around the asset has grown as investors worry that further decline is coming. Previously forecasted to end 2025 at nearly $4, will XRP survive above $3 at the end of this year? Despite the recent dip, there are still various reasons why XRP could end the year on a high note. For starters, There is a very high chance that the SEC will approve at least one XRP ETF this year. SEC chair Paul Atkins has said that he is determined to propel the crypto industry in the US. President Trump has also said that he wants to make the US a global crypto hub. XRP, being a US-based crypto project, could benefit from the current administration’s pro-US outlook. There are several pending applications from banking institutions in the US, and upon the approval of one, the rest would likely soon follo...