XRP Set to Skyrocket to $3.60 as ETF Approval Hits 92% Probability

XRP's monumental surge targets $3.60—fueled by near-certain ETF approval odds sitting at a staggering 92%.

The Crypto ETF Gold Rush

Wall Street's latest infatuation with crypto ETFs just handed XRP investors the golden ticket. With institutional money flooding in, the once-maligned asset now stares down a path to reclaim its glory days—and then some.

Numbers Don't Lie

That 92% probability isn't just speculative hype—it's mathematical momentum. Traders pile in, anticipating regulatory green lights while traditional finance scrambles to catch up. Because nothing moves faster than money chasing returns—except maybe regulators trying to keep pace.

Market Mechanics in Motion

ETF approval doesn't just open floodgates—it rewrites liquidity rules. XRP's supply dynamics shift from retail speculation to institutional accumulation, creating a bullish feedback loop that could easily propel prices beyond conservative targets.

The Fine Print Reality

Sure, 92% isn't 100%—because in finance, even 'sure things' come with asterisks. But when traditional asset managers start betting on crypto, you know the game has changed. They're not here for the technology—they're here for the returns. And right now, those returns point squarely at XRP's ascent.

• XRP could reach $3.60 after crossing $3.05, encouraged by ETF approval speculation.
• According to Polymarket, the odds to approve XRP ETFs command a 92% confidence.
• Futures volume and open interest continue to rise, an indication of increased institutional trading.

XRP is gaining ground after surpassing the $3.05 mark, with $3.60 the main target. The expectation is strengthened by growing prospects of a successful approval of an exchange-traded fund (ETF).

Confidence in ETF Approval

Confidence in an XRP ETF is stronger than it was at any point this year based on prediction markets. According to Polymarket data, the XRP ETF has a 92% probability of approval by 2025.

This is an increase of 21% over previous figures and the indication of an increase in investor confidence. The prediction has helped to bring on board a new FORM of buying activity. Traders believe that approval is an open door to institutional capital inflows.

This ETF would also make XRP accessible to a wider audience than the existing crypto exchanges. This further supports high demand in the long term.

Source: Polymarket

The XRP Breakout

The coin’s breakout has been highlighted by market analysts. According to popular analyst Ali Martinez, the coin has overcome the resistance barrier of $3.05. This facilitates two scenarios, according to his analysis.

It may see a resurgence to $3.60, or there may be a reverse to $2.90 before the uptrend resumes. His forecast points out that the primary target is $3.60, no matter the pullback in the short run. The breakout also marks weeks of selling pressure around a trendline, which has now been broken conclusively.

Source: X

More Bullish Outlook

The bullish view gets further reinforcement by technical signals. According to the TradingView chart, the area of major Fibonacci retracement levels is in the range of $2.77 and $2.82, providing some buffer in case the surge stalls.

Buyers have already protected these levels during previous sessions. The VWAP level of approximately $3.05 means that the traders are in agreement that this price level is fair value. 

Spot volume remains at 10.73 million XRP. This suggests that there is continued interest in the token since it is above the breakout price.

Source: TradingView

Growing Confidence In XRP

The main indicator of Optimism in the XRP development can be seen in derivatives markets. Coinglass data shows that the futures volume is up 7.40% to $6.54 billion.

There was also an increase in open interest of 4.35% to be at $8.79 billion. This is an indication of increased participation by institutions and Leveraged traders.

This combination indicates that investors are expecting more volatility, but towards the upside. Increased derivatives trading usually leads to dramatic shifts in price. Currently, it coincides with ETF optimism and technical strength.

Source: Coinglass

Market Momentum Drives XRP

The potential of ETF approvals for various tokens has fueled bullish speculation. This momentum is emphasized by the price action. Since reaching as low as $2.70, XRP has started a gradual recovery to levels of almost $3.09.

The breakout above $3.05 suggests the beginning of an upward movement. But it has short-term goals of $3.20 and $3.45 before attaining the main target of $3.60.

Currently, the market structure, increasing trading volume, and ETF optimism have created positive momentum around the coin. These are the factors that could MOVE its price upward.