XRP Price Targets $10 as Nasdaq Eyes ETF Exposure – Here’s What You Need to Know
XRP is back in the spotlight—and this time, it’s got Wall Street’s attention. Traders are watching closely as Nasdaq prepares to expand access to crypto via a new ETF, which could become a game-changer for altcoins like XRP.
On June 2, 2025, a rule-change proposal under SEC Rule 19b-4 was filed, and here’s the kicker: Hasdex Nasdaq Crypto Index US ETF (NCIQ) plans to revamp its benchmark and include altcoins like XRP, SOL, ADA, and XLM.
This is big.
Why? Because it opens the floodgates to institutional money.
Why This Matters for XRP Price
Let’s talk price action.
XRP is currently trading above a key support of $2.14, which is a strong bullish indicator. In simple terms, this means buyers are stepping in aggressively around this price—something you should pay attention to if you’re tracking entry points.
But that’s just scratching the surface. Let’s dive into the technicals.
Technical Indicators That Matter
If you’re serious about trading—or even just holding—XRP, here’s what the data is telling us right now:
1. Volume + Candlestick Activity
- Volume is rising moderately.
- Histogram shows mixed signals = caution mode.
- However, rising candles mean increasing volatility—a precursor to potential breakouts.
2. Exponential Moving Averages (EMA 20, 50, 100, 200)
- XRP is trading above all key EMAs.
- Especially critical is the 200 EMA support at $2.08—this is your safety net level.
- This setup is classic bullish territory.
3. MACD Momentum
- MACD has crossed above the signal line (+0.0019) on the daily chart.
- Bullish convergence has formed—this is exactly the signal traders look for before price surges.
Put simply: XRP is flashing green across multiple technical indicators.
The Big Question: Will XRP Hit $10?
Let’s not sugarcoat it.
✅ Short-term targets: $2.50, $2.94
✅ Mid-term goal: $3 (multi-month high)
🤑 Ultimate target: $10
The optimism isn’t baseless. Here’s what’s fueling it:
- Potential Nasdaq ETF exposure = more investor access
- Growing interest from institutions
- Positive technical momentum
But let’s be real for a moment:
📉 Hitting $10 isn’t happening overnight. It would take a massive surge in volume, adoption, and sentiment to make that kind of leap in the current market conditions.
So what’s a smart play?
Set realistic targets while keeping your eye on the broader narrative.
Downside Risk: What to Watch For
Every bull run comes with caveats. If XRP sees profit booking or broader crypto weakness, here are support levels to watch:
- $2.14 (first line of defense)
- $2.08 (200 EMA support)
- Worst-case: $1.7240 (April low)
If the bulls lose momentum and volume dries up, a retest of these zones is not off the table.
Final Takeaway
The buzz around Nasdaq’s crypto ETF plans is real—and XRP is positioned to benefit. But don’t get swept away by the hype. Focus on the data, technical levels, and adoption trends.
📊 Actionable Insight:
If you’re a trader, watch the $2.50 breakout zone.
If you’re an investor, the $2.08 area might just be your golden entry point.
Eyes on the chart. Ears to the news. Let the market do the talking.
