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Ripple-XRP Price Forecast: SEC Submissions Suggest Imminent Launch of Its Exchange Traded Funds (XRP ETF), So Is It Time to Hit $1,000?

The latest changes to the S-1 filings show that final preparations for the launch of XRP Spot ETFs are underway, sparking investor optimism regarding the Ripple price outlook. Some of the updated files included official trading codes, which Nate Geraci, co-founder of the ETF Institute, took as an indication that the altcoin is close to receiving official approvals.

Éric Balchunas underlines this – Chief ETF Analyst at Bloomberg – pointed out that the applications currently submitted on Form S-1 represent the last obstacles to obtaining official approval, after the major procedural change made by the Securities and Exchange Commission (SEC) of the United States.

The Committee’s adoption of general registration standards eliminated the need to submit applications pursuant to Form 19b-4, limiting procedures to consideration of applications submitted pursuant to Form S-1 only. As part of this, Ripple meets the eligibility criteria as a financial asset, giving it priority in the approval process and paving the way for the regulated listing of spot trading funds on traditional US financial markets.

Ripple Price Forecast: Does this development represent the expected catalyst to push its price towards $1,000?

Increased demand from traditional financial institutions could provide enough momentum to confirm that Ripple price breaks the year-long ascending triangle pattern.

Although the broad wave of liquidations that swept the market over the weekend invalidated most of the short-term uptrends, the broader and promising technical structure remains in place.

Daily XRP/USD price action chart showing promising one-year triangle pattern, Source: TradingView

Momentum indicators once again highlight the breakout point, confirming that the $1.50 level may provide a potential bottom. The Relative Strength Index (RSI) rebounded strongly after touching the oversold range at 30, while the MACD indicator chart shows the possibility of a new bottom forming below the signal line, suggesting the return of buyers after the selling wave lost momentum.

The decisive breakout barrier also stands at $3.40, which is a resistance level that continues to hamper the start throughout the pattern. If it is violated and turned into media, it can The price increases by 210% to reach its technical target of $8.

For the foreseeable future, traders should watch for a possible rebound from the $2.70 demand zone to confirm the formation of support that pushes the uptrend to continue. Longer term, the expansion of the involvement of traditional US financial institutions and the reduction of interest rates – which strengthens the appetite for risk – could The price of Ripple tends towards $15 As we approach 2026, this will offer a potential gain of 500%. While the $1,000 target is currently distant, new convergences in institutional investment could provide a solid basis for achieving it in the long term.

PepeNode-PEPENODE: The new way to make profits in this cycle?

Pepe-PEPE dominated the meme category during the recent rally, making the famous frog one of the most important cultural phenomena in the crypto world. Today, as an extension of the same energy source, the PepeNode currency project appears to provide something that the original did not provide before, and that is a truly effortless source of income.

It is no secret to us that many meme projects are trying to achieve the same experience, as the Shiba Inu-SHIB coin offered staking functionality, but the PepeNode coin went way beyond by providing an innovative mining-to-earn (M2E) mechanism, as it does not require tangible mining equipment, as the user can simply sign up, log in, purchase virtual mining nodes, assemble mining hardware and get started to receive rewards from a popular selection of memes. coins.

The numbers also look strong; The subscription proceeds have exceeded a threshold $1.7 millionWhile the first participants in the mortgage protocol still achieve annual returns of up to 740% before the start of the next phase. With 70% of PepeNode balances used to purchase nodes and virtual mining equipment being burned, the deflationary nature of the economic data supports the long-term value of the coin.

As for the timing, it couldn’t be better; As macroeconomic conditions push investments into risky assets such as meme coins, the PepeNode reward mechanism will gain strength as momentum in this sector grows.

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Post Ripple (XRP) Price Forecast: SEC submissions suggest imminent launch of its exchange-traded funds (XRP ETF), so is it time for its price to hit $1,000? appeared first on Cryptonews Arabic.

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