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What’s XRP Phoenix Coin Price Target? $PHNIX Surge 5% on ETF News

XRP Phoenix Coin Price Target and ETF Surge

Why Is XRP Phoenix Coin Rising Today? Check $PHNIX Price Target 2025

The ultimate symbol of Ripple’s fighting spirit, the Phoenix Meme Coin is making headlines after Canary Capital Spot XRP ETF officially approved by NASDAQ.

The trading will start tomorrow at 9:30 AM ET, but  the XRP Phoenix Coin price has already surged around 5% in the last 24 hours, currently trading at $0.00001835. 

This massive jump is a clear sign that this meme token is trading hand-in-hand with the big developments in the Ripple world. Let’s uncover how high it will go, what’s the next prediction, and what are the reasons behind the surge.

XRP Phoenix Coin Price Surge: What Does The Technicals Show?

To understand where the asset might go next, let’s look at what the TradingView 1-hours chart is telling us. The analysis shows a token in a strong recovery phase:

XRP Phoenix Coin Price Surge

  • Current Price Action: $PHNIX token saw a "V-shaped recovery.” It dipped early to $0.0000170 before bouncing back to $0.0000185. This confirms that buyers jumped in quickly when the price dropped, which also means top crypto traders are bullish on the asset.

  • RSI: It is sitting at a healthy 57.31. This is in the "neutral-to-bullish zone," which means the token has strong buying pressure but is not yet overbought. It still has room to grow before a small correction.

  • MACD: The MACD lines have formed a bullish crossover pattern, meaning buyers have firmly taken control after a sideways pause.

The chart confirms a trend of higher lows and higher highs, which is a great sign for the 2025 price prediction.

The ETF Catalyst: Why the Price Surge is Just Getting Started

The real fuel for the XRP phoenix rising is the official listing of the Canary Capital Spot Ripple ETF on NASDAQ.

Canary Capital XRP ETF

Source: John Squire Crypto Influencer

This launch has injected huge optimism into every asset linked to the Ripple ecosystem. Investors anticipate that tomorrow's Nasdaq listing will inject massive liquidity into the altcoin’s ecosystem, and that money could spill over into high-potential assets like XRP Phoenix Coin.

While the price rose 5%, the trading volume actually dropped by 16.78% as seen in the CoinMarketCap chart. This suggests the $PHNIX XRP price rise came from fewer, but stronger buyers.

This is why traders are saying this exchange traded funds news could be the short-term catalyst needed for another massive pump, making people ask, "why is XRP phoenix coin rising today?"

Phoenix Coin Price Prediction: What to Watch Next

The overall outlook is bullish, as the technical indicators are strong and the market sentiment is flying high. Here are the important price levels to watch:

Scenario $PHNIX Price Target Key Level to Watch
Bullish $0.0000195 – $0.0000200 If the token breaks resistance at $0.00001890 with high volume, then the asset can touch these levels.
Neutral $0.0000175 – $0.0000185 If buying volume remains weak, the price may pause in this range before making a bigger move.
Bearish $0.0000165 If the price suddenly drops below $0.0000170, then crypto analysts anticipate short term correction.

In conclusion, the XRP Phoenix coin price is moving up in a strong and healthy way. The recent Canary ETF news has given it a big boost. If buyers keep supporting it, and if the support level holds, the price could soon touch the $0.000020+ price level, as many top cryptocurrency analysts anticipate. Many traders are watching this asset closely, as the 2025 and beyond target looks very positive right now.

Disclaimer: This article is only for information. The crypto market changes very fast, so always do your own research before buying or investing in any coin or token.

Sara Sethiya

About the Author Sara Sethiya

Expertise coingabbar.com

Sara Sethiya is an experienced crypto journalist with five years of experience in blockchain research, price movements, and market analysis. With a background in mass communication and journalism, she specializes in data-driven news articles, in-depth market reports, and SEO-optimized content. As a team lead and content writer at CoinGabbar, she examines on-chain metrics, evaluates liquidity trends, and analyzes tokenomics to uncover market patterns. Her analytical approach helps traders and investors interpret market shifts, identify potential opportunities, and understand the broader impact of blockchain innovations on the financial ecosystem.

Sara Sethiya
Sara Sethiya

Expertise

About Author

Sara Sethiya is an experienced crypto journalist with five years of experience in blockchain research, price movements, and market analysis. With a background in mass communication and journalism, she specializes in data-driven news articles, in-depth market reports, and SEO-optimized content. As a team lead and content writer at CoinGabbar, she examines on-chain metrics, evaluates liquidity trends, and analyzes tokenomics to uncover market patterns. Her analytical approach helps traders and investors interpret market shifts, identify potential opportunities, and understand the broader impact of blockchain innovations on the financial ecosystem.

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