XRP Traders Forecast New All-Time Highs Amidst ETF Approval Odds Surge

Analysts predict a potential surge in XRP price to new all-time highs, citing the rising approval odds for a spot XRP ETF and growing market optimism. While short-term trading has seen a decline, long-term predictions suggest a rebound towards April’s peak of $2.36. Technical analysis reveals a falling wedge pattern on the XRP chart, which if broken above $2.40, could lead to a price surge to $3.74 – representing a 71% increase from current levels. 85% approval odds for an XRP ETF have fueled positive sentiment in the market, with RSI remaining strong despite recent price fluctuations.