Ripple Price Prediction as XRP ETF Approval Odds Near 100%
2025-07-06 06:01:54
Main Idea
The likelihood of a Spot XRP ETF approval by the SEC has risen to 95%, with several firms submitting applications, while XRP's price remains range-bound between $2.19 and $2.35.
Key Points
1. Bloomberg analysts James Seyffart and Eric Balchunas estimate a 95% chance of a Spot XRP ETF approval by the SEC.
2. Firms like Grayscale, Bitwise, and 21Shares have submitted applications for a Spot XRP ETF, with the first filing acknowledged on January 30, 2025.
3. XRP's price is currently trading between $2.19 and $2.35, with potential for a breakout or further consolidation.
4. A breakout above $2.35 could lead to a short-term rally, while a drop below $2.19 might see the price retest $2.05-$2.10.
5. CoinCodex predicts steady growth for XRP in the second half of 2025, with potential returns of up to 44.10% by December if prices reach $3.20.
Description
The post Ripple Price Prediction as XRP ETF Approval Odds Near 100% appeared first on Coinpedia Fintech News XRP is once again making headlines as the odds of a Spot XRP ETF approval by the U.S. Securities and Exchange Commission (SEC) have climbed to an impressive 95%. Bloomberg analysts James Seyffart and Eric Balchunas shared the latest outlook, placing XRP among the top contenders for approval alongside Litecoin and Solana. Several firms including Grayscale, Bitwise, Canary, 21Shares, Wisdom...
Latest News
- Bitcoin Price Could Test $99K Before a Year-End Surge, Says Market Expert2025-07-06 06:26:56
- Ripple Price Prediction as XRP ETF Approval Odds Near 100%2025-07-06 06:01:54
- Best Memecoin To Buy Now? Pepeto Could Mirror Doge and SHIB Past Price Rallies2025-07-05 17:39:46
- Liked by Investors: This $0.03 Coin Has the Same Upside Potential as XRP (XRP) in Early Days2025-07-05 17:15:44
- These 4 Meme Coins Could 20x in 2025 as Spot Dogecoin ETF Nears SEC Approval2025-07-05 17:12:46