XRP traders predict new all-time highs as ETF approval odds rise to 85%
From Cointelegraph
April 30, 2025 9:00 pm:
XRP price falls by 5% after US GDP data shows shrinking economy. Market structure strengthens, hope for XRP ETF approval grows. XRP trading in bullish falling wedge pattern, potential 71% increase if price breaks above $2.40. RSI favors upside, support at $2.20, resistance at $2.80-$3.00. Analysts predict XRP to rebound, potential target at $19.27.
Bloomberg analysts predict 85% chance of XRP ETF approval in 2025. This is an increase from previous 65% prediction. Betting odds for XRP ETF approval by Dec. 31 at 80%. SEC delays decision on Franklin Templeton’s XRP ETF, new review deadline set for June 17. ETF approval could boost institutional capital and demand for XRP.
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