- Bloomberg ETF expert recently predicted that the American SEC has a 65% chance of approving a place XRP ETF.
- Polymarket showed an 81% chance that the Ripple ETF will be approved in 2025.
In the continuous market insecurity, Ripple [XRP] Holders seem to be confused in recent days due to considerable price fluctuations.
The possible reasons for this are the current wrinkle cases and the potential approval of a spot XRP Exchange-Traded Fund (ETF) in the United States.
Spot XRP ETF and the latest update
The Securities and Exchange Commission (SEC) has accepted three XRP ETF submissions within a week.
On February 13, the SEC assessed the XRP ETF application of Grayscale, which was followed by the 21Shares proposal on February 14.
The most recent addition took place on 18 February when the SEC recognized the application of Bitwise to set up an XRP ETF on the CBOE BZX exchange.
The pro-Crypto attitude of Donald Trump also has experts Bullish about Ripple. They think that traditional investors will soon be able to invest in XRP via an ETF, which increases the price.
Bloomberg’s James Seyffart recently predicts a 65% chance that the SEC approves a place XRP ETF. And, Polymarket data show a chance of 81% of XRP ETF inspection in 2025.
Source: Polymarket
XRP -Price and $ 6.32 million Exchange -outflow
Despite the recent developments, the price of Ripple remains unaffected and acts at the time of the press near $ 2.66, after a decrease of 0.80% in the last 24 hours.
Continuous fluctuations In the price of Ripple have attracted investor interest rate because they are in an ideal purchase range. This explains the continuous outflow of the tokens of fairs since February 2025, as reported by Coinglass.
Investors, experts and industrial giants believe that XRP will experience a considerably upward momentum, similar to Bitcoin.
Data on spot entry and outsource revealing continuous outskirts of stock markets, with minimal inflow in the past month.
In the last 24 hours, scholarships have seen an outflow of $ 6.32 million in XRP tokens, which indicates potential accumulation. This can cause the purchasing pressure and increase the upper momentum.
Technical analysis and upcoming level
In addition to the ETF speculation, a crypto expert recently Posted on X (formerly Twitter) That the daily map of XRP looks like one of the best of the top ten cryptocurrencies.
The expert noted that the price is ready for a huge upward momentum.
Source: X
An expert with a Bullish Outlook predicts that the Altcoin could reach $ 6 this month. If the lawsuit is rejected, the price can rise rapidly, so that people are sorry that they have not bought before.
Moreover, the analysis of Ambcrypto also suggests that the four -hour map of XRP has formed an increasing triangular pattern and is on the edge of an outbreak.
Based on recent price action and historical trends, when XRP breaks out of this pattern and closes a four -hour candle above $ 2.85, there is a strong possibility that it can rise by 30%.
This would enable the coin to reach its highest peak of $ 3.40 or even higher.
Source: TradingView
The technical indicator of Ripple, the average directional index (ADX), was at 22 at the time of printing, which indicates a weak up momentum. This can be the reason why XRP did not broken out of the pattern.
Given all these factors, the price of Ripple could rise by all time as soon as the American sec approves the place XRP ETF.
The continuous accumulation of billions of Ripple in the midst of market uncertainty is expected to further support these bullish prospects.