XRP-Spot ETF Approval Odds Hold Firm: What Investors Need to Know

As the cryptocurrency landscape continues to evolve, the focus is increasingly on the potential approval of a U.S. XRP-spot ETF. At Extreme Investor Network, we’ve been closely monitoring the developments surrounding XRP, especially following the SEC’s silence on its appeal strategy. Recent forecasts indicate that the likelihood of a favorable outcome remains strong, with Polymarket estimating the approval odds have climbed to 79% for December 2025, up from 68% just a few months ago.

The SEC and XRP: A Crucial Crossroads

For a spot ETF to receive the green light, the SEC would need to withdraw its appeal against the landmark ruling by Judge Analisa Torres in July 2023. This ruling determined that programmatic sales of XRP did not meet the third prong of the Howey Test—an essential legal benchmark for securities classification.

Interestingly, the SEC has recently extended its review of Franklin Templeton’s XRP-spot ETF application by an additional 45 days. This timeline aligns with deadlines for the SEC to file updates on the paused appeal, revealing a complex interplay of legal and regulatory timelines that could significantly affect market sentiment.

Moreover, the SEC and Ripple have jointly filed a motion to pause the appeal, hinting at the possibility of a settlement. These developments create an optimistic backdrop for XRP investors.

XRP Price Outlook: Key Factors to Watch

Investors should keep a keen eye on several factors influencing XRP’s near-term price outlook, including:

• SEC’s Appeal Withdrawal: A formal drop of the appeal would serve as a crucial catalyst.
• Settlement Terms: Any favorable settlement could bolster XRP’s market position.
• NFT and Market Updates: Progress on the XRP-spot ETF will also play a pivotal role.

If the SEC withdraws its appeal and a positive settlement is reached, XRP may eye its all-time high of $3.5505. An approved ETF could push prices even higher, potentially reaching $5. However, it’s important to remain cautious; adverse rulings or continued delays might result in a retreat towards the $1.50 support level, rather than soaring prices.

Technical Analysis: XRP Price Action Insights

Currently, XRP trades below the 50-day Exponential Moving Average (EMA), indicating a bearish trend in the short term. However, it maintains support above the 200-day EMA, which points to longer-term bullish potential.

Daily Chart Analysis

• Immediate Resistance: A breakout above the 50-day EMA could facilitate a bullish rally, targeting the April 28 high of $2.3621. A decisive move past this level could open the door for a test of the March 19 high of $2.5925.

• Key Support Levels: On the downside, should XRP drop below the crucial support level of $2.05, it may test the 200-day EMA and risk further declines towards the $1.9299 level.

The current Relative Strength Index (RSI) sits at 51.82, suggesting that there remains ample room for XRP to rise towards $3 before entering overbought conditions (RSI > 70).

The Bottom Line: Stay Informed and Engaged

At Extreme Investor Network, we know that the convergence of legal strategies and market forces can create significant trading opportunities. We’ll continue to provide timely updates on the SEC’s movements and other pivotal developments that may influence the XRP market.

As always, stay informed and strategically vigilant—your financial future may depend on it! Join us as we navigate this ever-changing landscape and explore the exhilarating possibilities that lie ahead for XRP and the cryptocurrency market.