XRP Price Prediction 17 July, 2025: Is Ripple Price Going to $4 Today After Launch of UXRP ETF?

XRP's price has increased by 11% in the last 24 hours, exceeding $3, driven by the approval of the first U.S. exchange-traded fund (ETF) linked to XRP. ProShares launched the Ultra XRP ETF (UXRP), aiming for twice the daily returns of XRP through investments in derivatives. While not a spot ETF, this is considered a significant development for XRP. Since the start of the year, XRP is up 57.2%, nearing its all-time high of $3.84 reached on January 18. Trading volumes have almost doubled since breaking the $3 mark, causing nearly $360 million in short positions to be liquidated. Technical analysis suggests XRP could reach $3.77 soon if the current bullish trend continues, but the Relative Strength Index (RSI) indicates it is currently overbought, which could lead to a pullback. Bitcoin Hyper (HYPER) has raised over $3 million in its presale to launch a Solana-based side chain, allowing BTC holders to stake and lend their tokens, and access DeFi services.