XRP ETF Approval Odds Surge, Fueling Bullish Momentum and Price Predictions
04.05.2025 11:23
XRP has risen nearly 5% in the past month as renewed optimism and ETF rumors drive demand. Open interest jumped from $3 billion to $4 billion, suggesting heightened trader engagement. Bloomberg ETF analyst Eric Balchunas reports odds of XRP ETF approval by the SEC have climbed to 85% in 2025, with seven major asset managers such as Grayscale, Canary, and Bitwise filing applications. Technical indicators show XRP is holding above key moving averages, turning the short-term outlook bullish with projected targets at $2.5 and potentially $3.2 after a breakout. The overall sentiment has improved significantly, as measured by the Fear and Greed Index. Separate from XRP, 'MIND of Pepe' (MIND), an AI-driven meme token, is drawing attention in presale with claims of leveraging social media influence to deliver returns and launch additional meme coins.
Surged ETF approval odds and increased trading interest create strong bullish momentum in both short and potential long terms. Prior ETF approvals have yielded significant upside.
Positive presale buzz and innovative AI/social features may drive early trading demand, but speculative hype-driven rise could be volatile post-launch.
Sources
XRP Price Chart Flashes Strong Bullish Signals, Is a $5 Breakout Imminent or Is This Rival A Better Bet?
coincentral.com
04.05.2025 11:00
XRP Future Price Prediction: ETF Rumors Reignite 10x Bull Case – Here’s What Traders Expect
cryptonews.com
02.05.2025 16:19
Top Today
2 hour ago
8 sources
Balancer Hit by Suspected $70M Exploit with Staked Ether Tokens
2 hour ago
6 sources
Tea-Fi's $TEA Token Launches on Kraken, KuCoin, and MEXC, Pioneering DeFi SuperApp
3 hour ago
6 sources
France Imposes Tax on Large Crypto Holdings as 'Unproductive Wealth'
4 hour ago
11 sources
Hong Kong Opens Global Liquidity to Licensed Crypto Exchanges
4 hour ago
8 sources
Trump Denies Knowing CZ After Controversial Pardon, Amid Pay-to-Play Allegations
5 hour ago
8 sources
Binance Founder CZ Denies Reports of Proposing Crypto Bank in Kyrgyzstan
yesterday / 20:08
5 sources
Altcoins and Memecoins Face Massive Token Unlocks Amid Volatility Concerns