XRP News Today: XRP Price Dips 9% Amid 90% ETF Approval Odds

As regulatory developments reshape crypto narratives, XRP is emerging as a frontrunner in the race for mainstream adoption. With ETF approval speculation heating up, investors are watching closely for signals of a long-term breakout. Trading just below key resistance, XRP is flashing bullish potential—especially if institutional pathways continue to open. Could a major announcement send it soaring?

A major driver behind XRP’s recent momentum is speculation around U.S.-listed spot ETFs. Analysts now estimate the odds of an XRP ETF approval at over 90%, following recent developments in Bitcoin and Ethereum ETF markets. Polymarket bettors share this optimism, with over 98% expecting a green light.

Already, a North American ETF offering XRP exposure has been launched, listed on the Toronto Stock Exchange. While U.S. approval remains pending, recent SEC delays signal that discussions are progressing rather than being dismissed outright. ETF approval would open XRP to institutional capital, boosting liquidity and legitimizing the asset in the eyes of traditional finance—similar to how Bitcoin surged after its own spot ETF launch.

XRP is currently trading between just over $2.05 and $2.30. Its price has seen a minor dip recently, falling by about 2% over the past week and nearly 9% this past month. Looking ahead, XRP could rise to the nearby resistance point of $2.45, which would mean a bump of about 10%. If it pushes further, it might aim for the second resistance level of $2.70, offering possible gains of around 17% from its current range. This crypto shows potential, although it’s just below its short-term trend average, hinting that it might soon break higher.

With resistance levels within reach and institutional sentiment shifting, XRP could be on the cusp of a new growth phase—especially if ETF approval becomes a catalyst. While short-term price movement remains measured, the broader setup hints at major upside potential for those watching closely.