Ripple (XRP) Hits $3 as Analysts Eye a Stunning $5 Rally

Ripple (XRP) is seeing a modest resurgence after weeks of a ￰0￱ the past seven days, the crypto asset has steadily gained more than 5% to climb to just over $3. However, the surge in XRP call options, as traders bet on ETF approvals, could potentially push the price targets to $4-$5 by ￰1￱ ETF Optimism There is a clear divergence in sentiment across the crypto market, which the analytics team at B2BinPay attributed to how traders are rotating capital into altcoins with near-term ￰2￱ a statement to CryptoPotato , they noted that options data reflects growing optimism toward XRP while Bitcoin (BTC) and Ethereum (ETH) face increased caution. Specifically, December call options on XRP are trading well above puts, which the team interprets as a sign of market confidence fueled by expectations of potential US ETF approvals later this ￰3￱ to their view, if even one product receives approval, the resulting inflows could propel XRP into the $4-$5 range by ￰4￱ the other hand, Bitcoin and Ethereum show option markets skewed toward protective strategies, as evidenced by puts priced higher than ￰5￱ defensive stance aligns with slowing ETF ￰6￱ instance, Ethereum ETFs witnessed record-high outflows last week alongside recession concerns and profit-taking after BTC’s rally stalled above $100,000 and ETH retreated from $5,000 to $4,300.

For B2BinPay, this trend signals a ￰7￱ explained that the traders hedge majors while pursuing upside in select altcoins. Meanwhile, Polymarket’s latest data suggests there’s a 93% chance that an XRP ETF will be approved by the end of ￰8￱ Signal Big Move Supporting this outlook, analyst ‘Crypto Tony’ observed that XRP crossing the $2.95 level is already a bullish trigger and opened the door for a long position. A similar sentiment was echoed by another prominent market expert, Ali Martinez, who further added that a breakout above the descending triangle pattern could send XRP to $3.60, which further validated the case that optimism around ETF approvals may only amplify XRP’s momentum.

XRP’s recent price momentum coincided with a new expansion in ￰9￱ week, Ripple announced partnering with BBVA to integrate its self-custody solution, Ripple Custody, into the Spanish bank’s recently launched crypto trading and custody ￰10￱ integration allows BBVA to securely manage tokenized assets, including BTC and ETH, while ensuring regulatory compliance.