Analyst Says June Could Mark a Turning Point For XRP. Here’s Why
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As XRP continues to trade within a relatively stable range around the $2 mark, analysts at U.S.-based crypto exchange Uphold believe June 2025 could bring major developments that alter the asset’s trajectory. According to Martin Hiesboeck, Head of Research at Uphold, several critical events scheduled for the coming month could trigger a significant shift in XRP’s market position. Hiesboeck indicated that current prices might represent the last chance for investors to enter the market at this level, emphasizing a convergence of potential catalysts that could accelerate XRP’s next major move. Uphold echoed this sentiment in a separate commentary that followed his analysis. June could be make-or-break for $XRP . Three major catalysts are converging: Potential spot ETF approval Fed rate cut signals XRPL APEX dev summit Could this be the last chance to grab XRP at current prices? Will next month be the turning point? #XRPArmy #Ripple https://t.co/iHmNrsIl1C — Uphold (@UpholdInc) May 21, 2025 SEC Decision on Spot XRP ETF May Prove Crucial Among the most closely watched developments is the potential ruling by the U.S. Securities and Exchange Commission (SEC) on Franklin Templeton’s spot XRP exchange-traded fund (ETF) application. The SEC’s decision, now expected on June 17 after a delay from its original May deadline, is anticipated to play a pivotal role in XRP’s near-term price action. At least ten spot XRP ETF applications have been filed, with October set as the deadline for final decisions. Hiesboeck suggests that an approval could significantly expand XRP’s presence in traditional financial markets, drawing parallels with the impact that spot Bitcoin ETFs had on BTC’s performance following their approval in early 2024. While Ethereum’s ETF approval in mid-2024 did not have the same effect, some market participants argue that XRP’s unique positioning in global payments and growing institutional interest could lead to a stronger market response. Federal Reserve Policy Could Impact Altcoins Another potential market-moving event is the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) meeting, scheduled for June 17–18. Investors are paying close attention to the Fed’s monetary policy stance, especially in light of economic uncertainty and geopolitical risks. Should the Fed implement interest rate cuts or signal a more accommodative policy, the broader crypto market, including altcoins like XRP, could benefit from increased liquidity and investor risk appetite. Historically, such conditions have led to stronger gains for altcoins as traders seek assets with higher growth potential. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Ripple’s XRPL APEX Event Expected to Unveil Strategic Developments In addition to macroeconomic and regulatory events, the XRP community is also anticipating the annual XRPL APEX summit, which will take place from June 10 to 12 in Singapore. Organized by Ripple and focused on the XRP Ledger ecosystem, the event is expected to provide updates on new technological advancements and strategic partnerships. Topics likely to be addressed include the integration of artificial intelligence, decentralized finance (DeFi), cross-chain functionality, and tokenization of real-world assets. Hiesboeck notes that any major announcements at the conference could influence investor sentiment and lead to increased market activity. Outlook for XRP as June Approaches XRP’s price history demonstrates the asset’s potential for rapid appreciation. Following the 2024 U.S. presidential election , XRP rose from $0.50 to $3.39 in just two months. Since then, the token has consolidated within the $2 to $2.50 range. With multiple high-impact events on the horizon, Uphold believes June could be a defining period for XRP’s price direction. As May draws to a close, both Hiesboeck and the exchange suggest that investors may be witnessing the final phase of XRP trading below $3, making this a potentially decisive moment for market participants. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Analyst Says June Could Mark a Turning Point For XRP. Here’s Why appeared first on Times Tabloid .

Source: TimesTabloid