XRP Price Prediction Feb 25: Analyst Says $3 Breakout Possible

• Analyst Dark Defender said that if XRP soars above $2.77, the rally will continue. 
• The US SEC recently acknowledged the spot XRP ETF filing from CoinShares via Nasdaq. 
• Investors could see a rapid movement towards $2.85 and $3 if XRP soars above $2.77.

XRP is nearing a significant breakout level, which could put the cryptocurrency on the path to the $3 price tag potentially by February 25th. 

While the digital asset currently trades below the $2.50 price level, down around 4% in the past day, XRP could soar to a new all-time high as the SEC is very close to approving a spot XRP exchange-traded fund (ETF).

Spot XRP ETFs Could Fuel Price Surge to $3

The SEC has acknowledged another spot XRP ETF filing from CoinShares via Nasdaq, marking the fourth spot ETF acknowledgment following Grayscale, 21Shares, and Bitwise. 

Additionally, WisdomTree and Canary Capital have their ETF applications in process. Meanwhile, Brazil’s Comissão de Valores Mobiliários has approved the nation’s first spot XRP ETF through the Hashdex Nasdaq XRP Index Fund, although it is not yet live for trading.

A high number of XRP-related investment products could result in hig…

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