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XRP ETF Odds Now At 85% as Price May Target $4

By WebDeskMay 1, 20252 Mins Read
XRP ETF Odds Now At 85% as Price May Target
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A Ripple XRP ETF may come in 2025, with experts suggesting the cryptocurrency could surge as much as 100% if the first ETF is approved. ETF analysts at Bloomberg have raised their odds of a Ripple XRP ETF being approved in 2025 to 85%. On the Polymarket platform, probabilities of approval before the end of 2025 also rose from 63% to 80% within a week.

Odds have risen of the ETF seeing approval after the SEC went through a recent, more crypto-forward change of leadership. With Gary Gensler no longer in charge, the SEC now looks at cryptocurrency much more favorably. Approval of an ETF, coupled with strong technical signals, could attract significant flows and reposition the asset at the top of the crypto rankings. However, it will all depend on the regulatory timetable. It is extremely likely that XRP will surge in some capacity like Bitcoin and Ethereum once their ETFs got approval in 2024.

Ripple XRP Price Prediction: Surge to Come After ETF Approval?

Technical platforms like CoinCodex have delivered a mellow forecast for XRP. Per CC, XRP may eventually hit the $2.23 price spot within the next 6 months.

“According to our current XRP price prediction, the price of XRP is predicted to rise by 0.76% and reach $ 2.23 by October 21, 2025. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 63 (greed). XRP recorded 13/30 (43%) green days with 6.28% price volatility over the last 30 days. Based on the XRP forecast, it’s now a good time to buy XRP.”

Also Read: Morgan Stanley to Offer Crypto Trading to E-Trade Clients

However, this could all change if the Ripple XRP ETF is approved. Crypto analyst Dark Defender projects an Elliott wave scenario for XRP, as he believes the current correction fits into a bullish continuation dynamic toward new highs. “XRP continues its ascent toward the peak,” he summarizes in a statement published on platform X on April 27.

Furthermore, indicators indeed seem to support this hypothesis. The RSI remains above the midline, a sign of favorable momentum. However, a sustained rebound assumes that the support at $2.20 holds and that the resistances between $2.80 and $3.00 are crossed. A break above the upper line of the wedge, currently estimated at $2.40, could open the way to a return to the former highs of $3.74, or even beyond.

Credit: Source link

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