Crypto market analysts remain bullish on XRP, expecting the Ripple altcoin to outperform Etheruem (ETH) in the near term. So far, bulls have struggled to hold the XRP price above $3.0, after constant rejections in the recent past. However, as long as the altcoin maintains support at $2.80, crypto experts remain bullish on its future trajectory. Besides, odds of Ripple ETF approval have surged to 87% by the year-end.
XRP Will Outperform ETH Soon
Popular crypto expert CrediBULL Crypto noted that XRP is concluding its ninth consecutive month of consolidation near its previous all-time high, signaling a potential Ripple breakout in the near term. Market analysts point to the XRP/ETH pair holding at a key support and mid-range level, reinforcing the view that XRP could be preparing for its next upward move, while Ethereum may be entering a cooling-off phase following its recent rally.
As shown in the above image, the relative strength index (RSI) is also showing recovery signs, while the price structure is forming a support. “We have already printed confirmed daily bull divs on the XRP/ETH pairing and are currently in the process of printing one on the D3 timeframe as well,” noted CrediBULL Crypto. On the other hand, the growing optimism around Ripple ETF could fuel the overall upside.
As reported by CoinGape, Ripple’s long-term price outlook remains bullish, with a potential target of $5. However, a drop below $2.60 would invalidate this positive scenario.
Ripple ETF Approval Odds Surge to 87%
As per the Polymarket data, odds of an XRP ETF approval have surged to 87% in recent times. Experts are confident that an XRP ETF could pull off $5 billion in investments within the first month of launch.
“Xrp ETF 2025 approval odds at 87% on polymarket… Personally think closer to 100%,” said ETH Store President Nate Geraci in his recent message on X platform. “People are severely underestimating investor demand for spot XRP and [Solana] ETFs,” he said earlier this week.
The biggest catalyst for XRP’s price momentum is the SEC’s review of eleven Ripple ETF applications from firms including Canary, WisdomTree, and Franklin Templeton. The agency has set an October deadline for most of these filings after multiple delays. As the deadline approaches, analysts are turning even more bullish.
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Source: https://coingape.com/expert-says-xrp-to-outperform-eth-soon-as-ripple-etf-odds-shoot-to-87/