XRP traders predict new all-time highs as ETF approval odds rise to 85%

Date: 2025-05-01

Key takeaways:XRP ETF approval odds rise to 85% following a SEC leadership change.Analysts predict XRP could rise to new all-time highs again in 2025.XRP price dropped by 5% over the past 24 hours as US GDP data showed a shrinking economy. However, a strengthening market structure and investors’ growing hope for a spot XRP ETF approval in the United States suggest that the altcoin might revisit its April peak at $2.36 in the short term. XRP/USD daily chart. Source: Cointelegraph/TradingViewTechnical charts currently show XRP (XRP) trading within a falling wedge pattern. A "falling wedge" is a bullish reversal chart pattern that comprises two converging trend lines that connect lower lows and lower highs. This convergence indicates weakening...

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