XRP Price Prediction: ETF Approval Imminent, Could XRP Surge to $4.60?

1. XRP current price review

Figure:https://www.gate.com/trade/XRP_USDT

As of the time of writing, XRP is priced at about $2.9, having accumulated a rise of over 30% since the beginning of July. This round of pump is mainly driven by the recovery of market risk appetite and the positive expectations regarding the XRP ETF.

2. Technical signals of triangle pattern breakout

XRP is currently at the end of a symmetrical triangle, with the price approaching the breakout point. If it can effectively stay above 3 dollars, it will confirm the technical pattern breakout, with the target range possibly pointing straight to 4.60 dollars.

Symmetrical triangles are common consolidation patterns, and their breakout at the end often accompanies trend continuation. Currently, XRP trading volume has significantly increased, indicating that the main funds are actively positioning.

3. ETF approval is expected to be the biggest driving force

According to the prediction market platform Polymarket, the likelihood of XRP spot ETF being approved by the end of 2025 has reached 95%. The market interprets this signal as a positive indication of regulatory easing and institutional recognition.

The Bitcoin and Ethereum spot ETFs have been approved. If XRP follows closely, it will become the next crypto asset to receive a significant influx of legal funds, and this expectation has led to a continuous increase in buying.

4. How should novice investors respond?

• Take profit in batches: If the price rises above 3.50 dollars, consider taking profit in batches;
• ETF news risk hedging: Be sure to pay attention to the latest developments in the SEC’s regulatory lawsuit against XRP.
• Control Position: It is recommended that the investment position does not exceed 20% of the total funds to avoid emotional trading.