Main notes
- The price of XRP shows the recovery signs, as it increased from the main support of $ 2.80.
- ETF XRP approval risk increased to 87 %, with expectations that ETF can attract up to $ 5 billion in the first month.
- SEC reviews 11 Ripple ETF requests, with a new deadline in October after several delay.
Xrp
Xrp
$ 2.87
24 hours fluctuation:
1.5 %
The maximum market:
$ 170.78 b
Folder. 24h:
$ 5.94 b
The price shows signs of recovery, as it increased from $ 2.80, as analysts look forward to a march to $ 5 and a bull science pattern.
Improving the possibilities of Spot XRP ETF approval can add additional momentum.
XRP eyes price of bull science pattern
The daily chart shows the trading of XRP prices within the bull science style, as it faced resistance in the upper direction line of about $ 3.
In technical analysis, the bull mark is formed as a small rectangle to the bottom after a strong prices, indicating unification before a possible continuation of the emerging translation.
The XRP price shows a possible outbreak of bull science style. | Source: TradingView
The daily closure of the candlestick will emphasize the rise of an upward outbreak, targeting the expected level of the pattern near 5 dollars.
This would lead to a strong profit of 77 % of the current prices. However, the bulls must first overcome the resistance on a simple moving average for 50 days (SMA), currently at $ 3.08.
On the negative side, the main support of XRP lies between SMA for 100 days at $ 2.68 and SMA for 200 days at $ 2.48.
Constipation over this range is very important for bulls to maintain a bull science style. Javon Marks noted that as long as XRP remains above $ 2.47, the potential upward trend to $ 4.80 is still intact.
In the current situation of the market, it has not changed much with $ XrpThe goal is at $ 4.80, as its prices continue to stick to a major level of $ 2.47!
As long as this level continues, the prices may only be preparing for an increase +66 % … https://t.co/p3s1yttgfr pic.twitter.com/spjqtcnvsl
– Javon
mmarks (@javontm1) September 3, 2025
XRP ETF approval possibilities jump to 87 %
according to Polymark dataThe possibility of XRP ETF recently increased to 87 %. Analysts predict that ETF can attract up to $ 5 billion of investments during its first month.
XRP ETF approval. | Source: polymarket
The main driver behind the XRP price momentum is a SEC review of 11 applications from companies such as Canary, Wisdomtree and Franklin Templeton.
After multiple delays, the organizer set a deadline in October for most deposits, prompting analysts to adopt a more upward look.
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Bhushan is enthusiastic about technology and carries a good tendency to understand the financial markets. His interest in the economy and financing draws his attention towards emerging technology markets and emerging technology. He is in a continuous educational process and keeps himself excited to share his acquired knowledge. In spare time he reads fictional excitement novels and sometimes explores his cooking skills.
The post XRP Eyes $5 Breakout as Spot ETF Approval Odds Rise first appeared on Investorempires.com.
