CandleFocus XRP to trade at this price if spot ETF is approved, according to AI
2025-02-22
Author: Content Editor
The SEC is expected to rule on multiple applications for spot XRP exchange-traded funds (ETFs), which could potentially drive a price surge for XRP. The SEC has until mid-October 2025 to approve or reject these ETF proposals, with a potential decision coming as early as mid-April 2025. Despite the ongoing legal battle between the SEC and Ripple, the XRP community remains optimistic about the approval odds, especially with the nomination of pro-crypto advocate Paul Atkins to lead the agency. This ETF approval would be a key milestone for XRP, as it could help resolve the SEC's case against Ripple and improve the asset's standing. XRP's price is currently struggling, but the 200-day SMA suggests a long-term bullish outlook.
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