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XRP Price Prediction: XRP Braces for a $2.50 Retest as Traders React to SEC News and JP Morgan Forecast

  • Renewed optimism surrounds XRP as Ripple settles with SEC, strong bullish signals on XRP charts, and expectations of a Ripple ETF.
  • XRP price needs to close above $2.25 resistance on the weekly timeframe for a sustained rally, targeting price zones at $2.51 and $2.60.
  • Immediate volatility expected with increased exchange inflows and some traders preparing for short-term retracement.
  • JPMorgan predicts XRP spot ETFs could attract over $8 billion in institutional inflows, potentially driving the price.

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