Japan And Korea Boost XRP Despite US Uncertainty
Against a backdrop of regulatory uncertainty, XRP stabilizes around $3 while two decisive fronts open up. In the United States, the imminent SEC decision on withdrawing its appeal could trigger a rally beyond key technical thresholds. In Asia, Japan and South Korea multiply favorable signals, from the Bitcoin/XRP ETF to institutional integration, offering unprecedented support. According to several analysts, this dual impetus could push Ripple’s crypto up to $4.80.
In Brief
- The price of XRP holds around $3 pending a crucial SEC decision on a possible appeal withdrawal.
- Technical indicators signal potential breakthroughs at $3.30 and $3.50 resistances, with a bullish target up to $4.80.
- Japan is preparing the first Bitcoin/XRP ETF and SBI Holdings plans up to $1 billion in XRP purchases.
- South Korea strengthens institutional adoption via BDACS, in a favorable context for spot crypto ETFs this year.
A Legal Turning Point Expected in the United States
The market awaits the SEC decision on a possible withdrawal of its appeal in the Ripple lawsuit, as its inaction maintains regulatoryuncertainty.
If the SEC confirms the withdrawal, analysts predict that XRP could break its immediate resistance at $3.30 and reach $3.50, with bullish momentum possibly pushing the crypto up to $4.80.
The key points to remember are :
- Current price : XRP trades around $3, in a consolidation phase ;
- Technical levels : an identified resistance at $3.30, with possible breakthroughs to $3.50 then $4.80 according to bullish forecasts ;
- Market indicators : a neutral RSI, MACD in a potential bullish crossover configuration ;
- Main trigger : SEC confirmation of withdrawing its appeal against Ripple.
This technical configuration reflects a market in wait-and-see mode, where any positive regulatory catalyst could trigger a rapid movement.
The $3.50 level is considered by many traders as an intermediate step towards the psychological $4 zone, beyond which the $4.80 target would become credible.
Asian Support Changes the Game
Alongside developments in the United States, XRP benefits from strong institutional reinforcement in Asia. The Japanese company SBI Holdings has filed to launch the country’s very first Bitcoin/XRP ETF, an unprecedented initiative reflecting strong confidence in the asset.
The conglomerate, already holding 9 % of Ripple’s capital, has committed to investing up to $1 billion in XRP as part of its cash diversification strategy.
South Korea also provides strategic support. BDACS, a regulated crypto custodian, has added XRP to its services, allowing institutions to access the asset via major platforms like Upbit and Coinone in full compliance.
This positioning coincides with the country’s intention to launch spot crypto ETFs as early as this second half of the year, paving the way for an expansion of the institutional market in one of the most active trading zones.
This alignment of signals — potential regulatory easing in the United States, institutional structuring in Japan and Korea, and growing interest from financial players — gives XRP a rarely so favorable context. However, a negative SEC decision could delay the bullish momentum. If the positive scenario materializes, the $4, or even $4.80 target mentioned by analysts would become a realistic goal, driven both by institutional confidence and technical momentum.
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Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.