XRP ETF Approval Now 85% Likely—Analysts Eye $4 Price Surge as Ripple Gains Institutional Traction

Wall Street’s latest crypto flip-flop sees XRP ETF odds skyrocket—just in time for the SEC to take credit for ’protecting investors’ after years of lawsuits.

Market watchers confirm institutional money circling Ripple’s token, with technical charts suggesting a breakout toward $4 if the ETF greenlight arrives. Not bad for an asset regulators tried to kill.

Pro tip: When banks suddenly love your ’unregistered security,’ maybe buy the rumor before they sell the news.

Ripple XRP Price Prediction: Surge to Come After ETF Approval?

Technical platforms like CoinCodex have delivered a mellow forecast for XRP. Per CC, XRP may eventually hit the $2.23 price spot within the next 6 months.

However, this could all change if the Ripple XRP ETF is approved. Crypto analyst Dark Defender projects an Elliott wave scenario for XRP, as he believes the current correction fits into a bullish continuation dynamic toward new highs. “XRP continues its ascent toward the peak,” he summarizes in a statement published on platform X on April 27.

Furthermore, indicators indeed seem to support this hypothesis. The RSI remains above the midline, a sign of favorable momentum. However, a sustained rebound assumes that the support at $2.20 holds and that the resistances between $2.80 and $3.00 are crossed. A break above the upper line of the wedge, currently estimated at $2.40, could open the way to a return to the former highs of $3.74, or even beyond.