rewrite this title If You Hold XRP, Analyst Says To Strap In; Here’s Why | Bitcoinist.com

XRP holders may need to strap in for what analysts describe as a breakthrough moment ahead. With filings for XRP Exchange Traded Funds (ETFs) already on the table, one crypto analyst stresses that approval is inevitable. Once that milestone is reached, it could trigger a major break in the XRP price, paving the way for a long-anticipated bull rally. 

ETF Approval To Mark Turning Point For XRP

According to crypto market expert Mason Versluis, the long-awaited approval of Spot ETFs tied to XRP is no longer a question of if, but when. Versluis emphasized in a video on X social media that the filing processes are already in motion, and approval appears undeniable regardless of whether it happens in 2025, 2026, or even 2027. He argued that the green light given to Bitcoin and Ethereum Spot ETFs in 2024 sets a clear precedent for the launch of an XRP ETF. 

Notably, the broader crypto market has already witnessed transformative changes with the arrival of Bitcoin and Ethereum ETFs last year, which opened the doors for institutional capital inflow and heightened mainstream recognition. Even lesser-known assets like Hedera Hashgraph (HBAR) have spot ETF applications in the pipeline. 

For XRP, Versluis forecasts that approval from the US Securities and Exchange Commission (SEC) would boost liquidity and legitimacy and spark a potential price rally as institutional demand increases. A key element highlighted in the analyst’s video report is the transparency that spot ETFs introduce. 

Versluis explained that, unlike futures products, ETFs require issuers to hold the underlying asset directly, meaning their wallet addresses will be visible on-chain. He highlights that this opens a new dimension of market analysis where investors can monitor institutional activity in real time, tracking when large entities buy or sell XRP. 

Most importantly, the ripple effect of an ETF approval is expected to extend beyond price speculation. Versluis noted that institutional involvement could introduce bullish and bearish pressure, foster greater market maturity, and carry risks such as heightened volatility and manipulation.

Analyst Says XRP Bull Rally Has Resumed

The technical picture for the XRP price has also taken a bullish turn. Crypto analyst CW declared on X that XRP has broken out of its previous consolidation phase, where price action was stuck in a narrow convergence.

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According to him, this breakout signals that XRP’s bull rally has officially resumed, with traders forming a new trend pattern pointing toward renewed momentum.  Based on this bullish setup, CW’s chart suggests that XRP could soon see an explosive surge above $4.4, marking a new all-time high.

At the time of writing, XRP is trading at $3.06, representing an almost 9% increase in the past week, according to CoinMarketCap. The cryptocurrency’s recovery from its previous downturn has also propelled it back into the world’s top 100 assets by market capitalization, securing the 98th spot with a valuation exceeding $182 billion.

Featured image from Adobe Stock, chart from Tradingview.com

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