XRP Targets All-Time Highs Amid ETF Approval Hopes and Technical Patterns

XRP Targets All-Time Highs Amid ETF Approval Hopes and Technical Patterns

Traders and analysts are closely monitoring developments around the cryptocurrency XRP, as its current technical situation and approaching regulatory decisions could trigger a significant price surge. According to the latest estimates, the odds of a spot XRP ETF being approved in 2025 have risen to an impressive 87%, opening the door for the asset to reach new all-time highs.

"A break above $3 would be a clear signal for the rally to continue and a possible start of the journey to five dollars," commented analyst Crypto Pulse. According to him, it is crucial for the price to hold above the key support around $2.75, which is the minimum threshold for maintaining bullish sentiment.

Key Technical Levels and Obstacles

On the road to $5, there are several technical hurdles. Bulls must overcome the 50-day simple moving average (**SMA**) at **$3.08**, which has been acting as a resistance since August. Other points of resistance are the July highs (**$3.66**) and levels around $3.40.

Conversely, important support levels are at **$2.68** and **$2.48**, corresponding to the 100-day and 200-day moving averages. Keeping the price above these levels will be crucial for maintaining the bullish scenario.

What Experts Say

"XRP is preparing for a big breakout toward $5," says analyst Nate Geraci, who highlights the importance of the price holding above the $2.75 low. If the price were to fall below this level, a retest of the $2.5–$2.6 zones could follow before another chance for growth emerges.

According to Bloomberg analyst Eric Balchunas, the probability of an ETF approval is already around 95%, which is a significant jump from previous estimates. Regulatory changes and new leadership at the SEC support the optimistic expectation that this move could open the door to institutional investors and significantly increase demand for XRP.

The Impact of ETF Approval: From Speculation to Reality

The approval of a spot XRP ETF could represent a major turning point for the market. It is expected to unlock access to large institutional capital, which could launch XRP's price to levels of $10, $20, or even $50 if major players like BlackRock join the project.

Decision deadlines are being watched closely, as the SEC is set to rule on several applications in the coming weeks—for example, between October 18 and 25, and specifically on **November 14** for the Franklin Templeton ETF. After Ripple's recent court victory, which clarified XRP's non-security status, investors are more optimistic than ever.

Given the technical signals, rising chances of an ETF approval, and the overall optimistic sentiment, it is possible that XRP is entering a phase of significant movement. If the price manages to hold above key support levels and overcome resistances, we could witness an all-time high and the beginning of a new era for this cryptocurrency project.

For investors and traders, the key now is to monitor technical levels and developments around regulatory decisions, as these factors could determine XRP's future direction and its potential to become a major player in the crypto market.

This is not investment advice.

Coingarage Team