🔥 XRP ETF approval rate soars to 85%! 📈💥 Is the price about to skyrocket? 🚀

XRP is currently priced at $2.20, having slightly dropped 2% in the last 24 hours, but has stabilized after rebounding from this month's low of $1.65. The rising probability of ETF approval has ignited market enthusiasm, with investors anticipating a significant increase.

Bloomberg analysts state that the likelihood of approval for five ETF proposals, including those from Grayscale and Franklin Templeton, could reach 85% by 2025, a substantial increase from the 65% forecast made two months ago. Polymarket traders are betting on a 78% probability of approval by the end of the year.

Expert opinions are optimistic: Dark Defender claims that the current adjustment is paving the way for future increases, potentially breaking through the April high of $2.36; Allincrypto is even more bullish, targeting $19.27, stating that XRP has broken the downward trend and that the $2.25 resistance level should be monitored.

Technical indicators show an RSI of 52.49, indicating neutral momentum, with the Bollinger Bands tightening. If the upper band at $2.29 is broken, an upward trend is expected; if the lower band at $2.01 is breached, it could test $1.85. The MACD buy signal is gradually strengthening, but the strength still needs to be observed.