XRP ETF Approval Chances Hit 85%, Will XRP Price Skyrocket?
The post XRP ETF Approval Chances Hit 85%, Will XRP Price Skyrocket? appeared on BitcoinEthereumNews.com. Key Notes XRP trades slightly lower but maintains strong momentum amid ETF speculation. Bloomberg analysts now give XRP ETF proposals an 85% approval chance in 2025. A prominent trader projects XRP could surge to $19.27 after breaking out of a falling wedge. XRP BTC $95 021 24h volatility: 0.3% Market cap: $1.89 T Vol. 24h: $26.99 B has managed to stabilize after dropping to $1.65 earlier this month, now trading around the $2.20 mark. While the token is down by 2% over the past 24 hours, the increasing speculation of a spot ETF approval in the US has sparked bullish sentiment. According to Bloomberg’s senior ETF analysts, five proposals, including those by Grayscale, Bitwise, and Franklin Templeton, now have an 85% chance of approval in 2025. This prediction is significantly up from the 65% odds projected just two months ago. Would love to hear directly from Atkins, but all good chance of happening. Here’s our latest odds of approval for all the dif spot ETFs via @JSeyff https://t.co/nLhYJJmO9U pic.twitter.com/4AcJVwhics — Eric Balchunas (@EricBalchunas) April 30, 2025 Meanwhile, Polymarket traders are keeping the current betting odds pricing at a 78% likelihood of XRP ETF approval before the end of the year. Several market analysts believe XRP could soon revisit or even break past its April high of $2.36. Popular trader Dark Defender attributes the ongoing price drop to an Elliott Wave formation. He expects XRP’s current correction to form the base of the next bullish impulse. People are getting distracted, but don’t be. Next week might be volatile.#XRP will continue to climb to the top. I will make a projection for you for the Bull Run! Tick-Tock ⏰ pic.twitter.com/vBKuakitne — Dark Defender (@DefendDark) April 27, 2025 Another trader, Allincrypto, predicts even a bolder price target of $19.27. He pointed out that…
The post XRP ETF Approval Chances Hit 85%, Will XRP Price Skyrocket? appeared on BitcoinEthereumNews.com.
Key Notes XRP trades slightly lower but maintains strong momentum amid ETF speculation. Bloomberg analysts now give XRP ETF proposals an 85% approval chance in 2025. A prominent trader projects XRP could surge to $19.27 after breaking out of a falling wedge. XRP BTC $95 021 24h volatility: 0.3% Market cap: $1.89 T Vol. 24h: $26.99 B has managed to stabilize after dropping to $1.65 earlier this month, now trading around the $2.20 mark. While the token is down by 2% over the past 24 hours, the increasing speculation of a spot ETF approval in the US has sparked bullish sentiment. According to Bloomberg’s senior ETF analysts, five proposals, including those by Grayscale, Bitwise, and Franklin Templeton, now have an 85% chance of approval in 2025. This prediction is significantly up from the 65% odds projected just two months ago. Would love to hear directly from Atkins, but all good chance of happening. Here’s our latest odds of approval for all the dif spot ETFs via @JSeyff https://t.co/nLhYJJmO9U pic.twitter.com/4AcJVwhics — Eric Balchunas (@EricBalchunas) April 30, 2025 Meanwhile, Polymarket traders are keeping the current betting odds pricing at a 78% likelihood of XRP ETF approval before the end of the year. Several market analysts believe XRP could soon revisit or even break past its April high of $2.36. Popular trader Dark Defender attributes the ongoing price drop to an Elliott Wave formation. He expects XRP’s current correction to form the base of the next bullish impulse. People are getting distracted, but don’t be. Next week might be volatile.#XRP will continue to climb to the top. I will make a projection for you for the Bull Run! Tick-Tock ⏰ pic.twitter.com/vBKuakitne — Dark Defender (@DefendDark) April 27, 2025 Another trader, Allincrypto, predicts even a bolder price target of $19.27. He pointed out that…
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