XRP ETF Approval Chance Don Sharp Up to 87% as Price Dey Eye $5 Breakout
XRP dey trade inside bull flag for daily chart after e rebound from $2.80. Technical analysis show say key support dey for 100-day SMA ($2.68) and 200-day SMA ($2.48). If e close pass 50-day SMA for $3.08, e go confirm breakout and target $5. Odds for XRP ETF approval don jump reach 87% for Polymarket as SEC dey review 11 applications. SEC gats decide by late October, Franklin Templeton deadline na November 14. Increase for XRP ETF approval expectation fit attract up to $5 billion institutional inflows. Traders go watch if XRP fit hold pass $2.75 to maintain the bull flag structure. Sustained ETF approval momentum fit fuel more upside and validate the technical setup.
Bullish
Di combine clear technical setup we be bull flag for daily chart plus 87% chance say XRP ETF go approve dey support better bullish outlook. For short term, to hold for top key support levels plus close pass 50-day SMA fit make breakout reach $5. For long term, ETF approval fit attract big institutional money, improve liquidity and make upward momentum strong.