XRP Price Eyes 30% Rally in January Following JP Morgan’s Bullish Outlook

The price of XRP (XRP) looks set to grow 30% by the end of January, following JP Morgan’s bullish assessment of the cryptocurrency and other positive fundamental updates.

XRP ETFs Can Attract $3B-6B Worth of Investments

JP Morgan analysts predict that the upcoming XRP exchange-traded funds (ETFs) could attract billions of dollars in investments. The banking giant anticipates that XRP ETFs will attract between $3 billion and $6 billion in investment.

JPMorgan is saying that alt-coin ETF will collect $14b in flows in first year, $3-6b for Solana and $4-8b for XRP. My team hasn’t made any formal predictions yet but this seems like a pretty reasonable guess. Gotta get the approvals first tho. Story via @isabelletanlee… pic.twitter.com/Rc4rLIsJim

— Eric Balchunas (@EricBalchunas) January 14, 2025

The anticipated launch of XRP ETFs has spurred interest among asset managers, with firms like Grayscale, VanEck, and Bitwise filing applications to offer these products.

Donald Trump’s reelection as the US president has boosted confidence in the potential approval of these applications. Trump has vowed to replace the current anti-crypto Securities and Exchange Commission (SEC) administration with crypto-friendly one.

SEC Chairman Gary Gensler is expected to leave office by Jan. 20. On the same day, Trump will take oath.

XRP Breakout Toward $3.82 Underway

As of Jan. 15, XRP was breaking out of a symmetrical triangle pattern, a classic technical setup that often signals a continuation of the prior trend. It is formed by converging trendlines, where both the highs and lows tighten over time, indicating a consolidation phase.

The setup typically reflects market indecision, with buyers and sellers vying for dominance. A breakout above the upper trendline suggests buyers have gained control, often resulting in strong upward momentum, as seen with XRP’s recent price action.

This move has placed XRP on a bullish trajectory. Based on the pattern’s height and breakout point, analysts are eyeing a potential target near $3.73. In other words, XRP could rally by 30% by the end of January.

Ripple vs. SEC Appeal Deadline Update

XRP’s ongoing rally finds additional support in the pivotal developments surrounding the SEC vs. Ripple case, with Jan. 15 marking a critical deadline.

Today, the SEC must file its appeal-related opening brief, potentially challenging the July 2023 ruling by Judge Analisa Torres that programmatic XRP sales do not qualify as securities under the Howey Test. This landmark decision allowed U.S. exchanges to relist XRP and spurred ETF issuers to file for U.S. XRP-spot ETFs, increasing the token’s demand.

The timing of this appeal coincides with Gensler’s impending departure on Jan. 20. Speculation is growing that his Trump-appointed successor, Paul Atkins, could shift the SEC’s enforcement priorities, potentially withdrawing the appeal altogether.

Ripple’s Chief Legal Officer Stuart Alderoty criticized the SEC’s refusal to delay the appeal process despite imminent leadership changes, calling it a waste of time and resources. Ripple remains confident in its position, viewing the new administration as an opportunity to resolve the matter favorably.

XRP Whales Are Accumulating — Santiment Data

XRP’s recent price surge is driven by aggressive whale accumulation and ETF speculation. According to Santiment, wallets holding 1–10 million XRP have added 1.43 billion tokens since November 2024, a 37.4% increase.

Derive’s head of research, Sean Dawson, linked the momentum to potential XRP ETF listings in 2025 as investors rotate capital from Bitcoin into altcoins like XRP. Blockchain media founder David Gokhshtein supported the optimism, stating, “XRP holders deserve this.”

XRP consolidated tightly throughout 2024, with only a 3.8% price difference between January and October, which may have set the stage for its potential 30% breakout in January.