The XRP community is buzzing with anticipation as speculation mounts about the U.S. Securities and Exchange Commission’s potential approval of a spot XRP exchange-traded fund (ETF). If approved, this move could trigger a significant price rally for XRP, potentially pushing it towards the $10 mark and establishing it as one of the top cryptocurrencies by market cap. A similar scenario played out with Bitcoin ETFs, which saw inflows worth $6.4 billion in just two months, leading to a 55% price jump. Analysts believe that if the SEC approves an XRP ETF, a similar surge is likely on the horizon. Initial price predictions range from $2.51 to $3.90 based on market cap multiplier theory, with some experts even expecting it to reach as high as $15. Even less ambitious scenarios predict a breakout to $10, potentially boosting Ripple’s market cap beyond Ethereum. 8 billion dollars in investments are projected for XRP ETF if financial institutions are to be believed. 36Crypto reported that Crypto expert Zach Rector estimated that XRP’s value could reach as high as $15, given the proper demand. 85% of Bloomberg analysts and 80% of Polymarket data also predict an approval. This growing interest is further fueled by technical indicators, which suggest a potential breakout for XRP. The recent bull flag pattern on the weekly chart and its historical precedent during the 2024-January period are strong signals for another significant price surge. Technical analysis also supports this outlook with RSI at 57 indicating sustained bullish momentum. Despite the bullish trend, the declining slope of the Average Directional Index (ADI) indicates temporary resistance to a full breakout.