Key Insights :
- XRP news is coming in hot again as analysts assign XRP a 90% chance of SEC approval in 2025, with major firms filing for spot ETFs.
- A rising wedge breakdown on XRP’s chart signals short-term downside risk toward $1.95.
- XRP’s trading volume spiked 123.64% in 24 hours, showing renewed investor interest despite technical weakness.
XRP news continues to trend as Ripple seeks final SEC approval by 2025. Financial experts estimate a 90% likelihood of success, bolstering investor confidence.
This optimism follows Ripple’s partial legal win against the SEC in their ongoing case. The outcome could shape the regulatory path for XRP circulation in the U.S. markets.
Major financial firms like Grayscale, Bitwise, Canary, 21 Shares, WisdomTree, and Coinshares have filed S-1 forms for spot XRP ETFs. The SEC filing schedule Form 19b-4 of XRP from January 30, 2025, has a deadline of October 17, 2025.
Prices Recover Slightly Amid the XRP News as Funding Rates Remain Bullish
This XRP news aside, as of the writing, the XRP was up by 0.08% within 24 hours to trade at $2.18. The 24-hour trading volume of XRP increased by 123.64% to reach $4.34 Billion in the same period. This showed renewed interest.
The total and maximum supply of the XRP token is 100 billion coins, of which only around 59 billion are in circulation. According to Coinglass Data, Open Interests (OI)-Weighted Funding Rate shows a slightly mixed sentiment terrain.
Since the middle of May, the funding rate has remained largely positive, indicating bullish prejudice among at least one-time traders. However, occasional and drastic falls below zero indicate short-term pressure at times and generally accompany price counters.
Remarkably, fund rates moved negatively several times on June 24-30. Also, prices fluctuated in a narrow range between 2.10 and 2.25.
This divergence is a sign of indecision or more hedging on the part of derivatives traders. It was possibly due to macro or regulatory uncertainty.
Bearish Rising Wedge Raises Short-Term Risk Despite the XRP News on Approval Odds
Looking at 4-hour charts, we see a distinct rising wedge pattern frequently connected with a bear reversal. The wedge shape was created in a recovery after lows of late June and reached about $2.35. Price action broke below the lower trendline in the wedge pattern, indicating a bearish formation.
At the time of the last candlestick, XRP traded around $2.1968 for a well-known assistance. Per the measured move estimated out of the breakdown of the wedge, there is a possibility of a retest of the levels within the range of $1.95.
This target converges with previous horizontal support and may be the next buying interest. The volume oscillator shows a value of -13.32 percent. This indicates a decelerating buying pressure.
In the meantime, the RSI has retreated to neutral levels (50.66) after recently being near overbought levels (above 57). This indicates the reduction of momentum and a higher chance of a keyword adjustment unless the bulls can support key levels very soon.
XRP has yet to establish dominance above the $2.40+ area. This happened since it has been rejected at that level and could not sustain a pivot above short-term peaks.
The required bullish momentum is a clean run-up above $2.35 with the support of rising funding rates and growing open interest.
The XRP news on an ETF approval is among the most anticipated events in the second half 2025. XRP is looking good in terms of its fundamentals.
This is because it uses good regulatory prospects, many exchange listings, and a good trading volume. Nevertheless, short-term chart patterns warn about the danger. Also, confirmed rising wedge breakdown may pull the price to the vicinity of the $1.95 territory.
