🚨XRP is about to surge⁉️💥 ETF approval rate skyrocketing to 85%, price hitting $22?😱🔥
The probability of XRP ETF approval has surged to 85%, with Bloomberg analyst Eric Balchunas optimistic about a 2025 approval! Changes in the SEC leadership have boosted confidence, and giants like Bitwise have already submitted applications, with results possibly coming on June 17.
A price explosion is on the horizon
If approved, the XRP ETF could attract $5.85 billion to $11.7 billion, pushing the price from $2.22 to $12.23 (+450%) or $22.20 (+900%)! Trader Dark Defender suggests that the current decline is a precursor to bullish momentum, while Allincrypto predicts a long-term price of $19.27.
Current trend is crucial
XRP is currently down 5% to $2.22, needing to hold the $2.20 support, and breaking through $2.40 could lead to $3.74, with resistance at $2.80-$3.00. If successful, a historical high could be reached in 2025!