Ripple president Monica Long thinks additional crypto exchange-traded fund (ETF) approvals will usher in another big year for digital assets in 2025.

Long predicts in a new interview with Bloomberg Crypto that “various crypto spot ETFs” will receive a seal of approval in the US this year.

The Ripple president also says payments-focused altcoin XRP is “likely to be the next in line” in terms of ETF approvals.

Multiple ETF providers filed Form S-1 registration statements for XRP ETFs with the Securities and Exchange Commission (SEC) last year, including Bitwise Asset Management, 21Shares, Canary Capital and WisdomTree.

The SEC greenlit the first spot market Bitcoin (BTC) ETFs last January, bringing in billions of dollars worth of inflows to the top digital asset by market cap. The regulator subsequently approved Ethereum (ETH) ETFs for trading in July.

Long predicts the approvals on those newer XRP filings will accelerate due to President-elect Donald Trump’s election victory and the upcoming change of leadership at the SEC.

XRP is trading at $2.36 at time of writing, a marginal increase in the last 24 hours.

The Ripple president also forecasts big things for the stablecoin market.

“The stablecoin market today is you know more than $150 billion for US dollar stablecoins, and it’s projected to grow to $3+ trillion over the next few years, so this is a market that is exploding.”

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A crypto strategist and trader is laying out his predictions for the digital asset market for the first few months of the year, including his Q1 outlook for Ethereum (ETH).

The analyst pseudonymously known as Inmortal tells his 222,400 followers on the social media platform X that he thinks Ethereum is gearing up for rallies this quarter.

The trader believes that ETH is about to follow in the footsteps of its Q1 2024 price action.

“ETH about to have a good Q1.”‘

Looking at the trader’s chart, he seems to predict that ETH will hit a new all-time high of $5,300 by March. At time of writing, ETH is worth $3,646.

He also thinks old altcoins and artificial intelligence (AI)-focused projects will ignite rallies in the next three months.

“In Q1:

1. ETH outperforms.
2. SOL go +$300
3. AI coins mega-pump
4. Memes underperform
5. Dino coins have a good run.”

While the analyst believes memecoins will not see huge rallies in Q1 of this year, he says that Floki (FLOKI) will be an exception.

“High conviction on the memecoin leader.

FLOKI.”

Based on the trader’s chart, he appears to suggest that FLOKI is mirroring Pepe’s (PEPE) late 2023 to early 2024 price action when the Ethereum-based memecoin went parabolic after months of sideways movement. The trader seems to predict that FLOKI will hit a new all-time high of $0.0005 before the end of Q1.

At time of writing, FLOKI is trading at $0.00019.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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XRP price fell as low as $2.30 on Sunday, January 5, down 7% within the 24-hour timeframe. Recent trading data shows that XRP is witnessing intense sell-side pressure. Is Ripple price at risk of double-digit losses in the week ahead?

XRP Price Retraces 7% as Profit-Taking Begins

XRP price action has experienced downward volatility in the last 24 hours, after a remarkable start to 2025. As the global crypto market rally entered its 5th day, investors began to reshuffle capital across the markets, with the likes of XRP and Shiba Inu (SHIB) witnessing bearish tailwinds.

The TradingView chart above illustrates how XRP prices climbed 25% between December 30 and January 4. But after a 5-day winning streak, early profit-taking signals have emerged as XRP price retraced 7% from $2.50 to $2.33 in the last 24 hours.

With the broader crypto market sentiment still largely positive, recent declines in XRP transaction volumes suggest traders could be rotating gains towards other assets.

CryptoQuant Data Signals Growing Sell-Side Pressure

Failure to breach the $2.50 resistance on January 4 has dampened bullish momentum within the XRP markets over the last 24 hours. However, derivatives markets data show active holders ramped up sell-side pressure since January 2.

Indicatively, CryptoQuant’s Taker Buy/Sell ratio tracks and compares the volume of buy orders to sell orders executed at current market rates. Taker Buy/Sell ratio values below 1 signal bearish dominance, where sellers exiting at current prices outpace willing buyers.

The chart above shows that XRP Taker Buy/Sell ratio fell as low as 0.93 on Sunday, January 5, signaling that sell order volumes have outpaced demand in each of the 3 previous trading days. This evidently set the stage for the 7% price dip experienced in the last 24 hours.

If this shortfall in market demand persists relative to supply, XRP prices could face additional downside risks in the week ahead.

XRP Price Forecast: Bulls Could Regroup at $2.20 Support Level

XRP’s recent 7% price dip has been driven by a rapid profit-taking frenzy, with the Taker Buy/Sell ratio dropping to 0.93 as of January 5. This indicates a consistent dominance of sell-orders over buy-orders in the past three trading days, leading to intensified downward pressure.

If this imbalance between supply and demand persists, XRP could face further declines in the short term.

Trading volumes have been gradually decreasing, signaling weak participation from both buyers and sellers.

The Relative Strength Index (RSI) is trending downward at 53.69, suggesting more downside potential before approaching oversold territories.

In terms of short-term XRP price forecasts, immediate support lies at $2.27, which aligns with the lower Bollinger Band. A breach below that key XRP support level could extend the reversal toward $1.85.

On the upside, the recent peak at $2.50, which aligns with the middle Bollinger Band, acts as immediate resistance.

A sustained recovery above this level could pave the way for XRP to retake the $3 mark.

If XRP rebounds from $2.20 and buyers regain dominance, the price could climb back toward $2.35, and a breakout above $2.52 would invalidate the bearish outlook. However, if selling pressure continues and XRP loses $2.20 support, the next leg down to $1.85 could materialize quickly.

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Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.