INSUBCONTINENT EXCLUSIVE:
Key takeaway:XRP (XRP) recouped losses made between Wednesday and Friday and hovered around $2.26, up 9.7% from its local low of $2.06
for an XRP ETF jump to 98%The likelihood of the US Securities and Exchange Commission (SEC) approving a spot XRP exchange-traded fund (ETF)
in 2025 jumped to 98% on Tuesday, according to Polymarket data.XRP ETF approval odds on Polymarket
Source: PolymarketMultiple spot XRP ETF applications from major players like Bitwise, Grayscale, Franklin Templeton and 21Shares have
Group on May 19, with $19 million in first-day trading volume, demonstrated market maturity and institutional interest, addressing SEC
approval odds from 68% in April to as high as 98% in early June, reflecting expectations for approvals by Dec
stuck below $3.00 since Feb
positions of the 21-week exponential moving average and the 33-week simple moving average as key indicators to identify potential turning
phase could be harsh and might drop like the 2021 bear market - around 86%
bullish divergence in 2017 led to a 20x rise in XRP price from around $0.0055 to all-time highs above $3.40.If the 2017 scenario is
repeated, a playout of the bullish divergence could see the price rally toward $25 and beyond, representing an over 1,000% increase from
Source: Jaydee_757These analyses align with previous predictions of XRP reaching $27 based on chart fractals, Eliot wave analysis and
Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
