#squarecreator - XRP Traders Predict New All-Time Highs as ETF Approval Odds Rise to 85%

The odds of XRP ETF approval have increased to 85%, leading analysts to predict new all-time highs for the altcoin in 2025.

The odds of XRP ETF approval rise to 85% following a leadership change at the Securities and Exchange Commission.

Analysts predict that XRP could reach new all-time highs again in 2025.

The price of XRP dropped 5% in the last 24 hours as U.S. GDP data showed a contracting economy.

However, a strengthened market structure and growing investor hopes for the approval of a spot XRP ETF in the United States suggest that the altcoin could revisit its April peak of $2.36 in the short term.

Current technical charts show XRP trading within a descending wedge pattern. A “descending wedge” is a bullish reversal chart pattern consisting of two converging trend lines connecting lower lows and lower highs. This convergence indicates a weakening of the downward momentum.

The pattern will resolve when the price breaks above the upper trend line at $2.40, and if this occurs, buyers could target $3.74 next, representing a 71% increase from the current price.