- XRP shows recurring bullish candles since January 2020, EGRAG notes.
- SEC’s updated listing rules favor XRP and other altcoin ETFs.
- XRP retracement viewed as shakeout before mid-term rally to $2.65.
XRP is currently navigating a brief pullback following a strong mid-year rally. Analysts expect short-term volatility but remain bullish over the next few months. A recent SEC policy shift may open ETF access for major altcoins, including XRP.
EGRAG Crypto Predicts Mid-Term Surge to $2.65 and Beyond
In an analysis shared on July 23, 2025, EGRAG CRYPTO pointed to a brief dip around July 23–24, calling it a calculated “shakeout” aimed at newer investors. The analyst described the movement as temporary, stressing that the current monthly candle pattern is “ultra bullish.”
According to the analysis, XRP is on track for a mid-term rally to $2.65 within the next 2–3 months. EGRAG emphasized recurring monthly candle structures that have formed consistently since January 2020. The pattern, he noted, supports the broader bullish case.
He also identified critical price zones in the chart. “Region 1: Bullish” lies near $0.90, while “Region 4: Valhalla” targets $3.80. According to the analyst, these zones help investors map XRP’s longer-term trajectory.
SEC Policy Change May Open Door for XRP ETF Approval
The U.S. Securities and Exchange Commission (SEC) recently announced new “Listing Standards” for crypto Exchange-Traded Products (ETPs). The updated criteria require that eligible coins have at least six months of futures trading on regulated platforms, such as Coinbase’s derivatives exchange.
Bloomberg ETF analyst Eric Balchunas stated that XRP, along with Solana and Dogecoin, now fits the profile as around a dozen altcoins meet the requirements. He also noted that ETF approval could come as early as September or October.
While the exact timeline remains uncertain, Balchunas described the change as a clear regulatory shift favoring institutional access to crypto assets.
At press time, XRP is trading at $2.94, down 6.74% over the last 24 hours. Despite the decline, market analysts continue to monitor the coin for signs of bullish continuation, backed by both technical patterns and emerging regulatory support.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
