XRP Set to Explode to $4.60 as ETF Approval Odds Skyrocket to 95%!

Jakarta, Pintu News – Ripple’s XRP could be on the verge of a breakout that no one wants to miss.

After stabilizing around the $2.20 level, XRP (XRP) has started to rise again, and some traders believe that this may be just the beginning.

Renowned crypto trader Captain Faibik now says that XRP could double from this point, with a bold price target of $4.60 if this rally gets stronger.

XRP Bullish Triangle Target at $4.60

In his latest post on Twitter, Captain Faibik shared a chart that clearly shows XRP stuck in a large triangle pattern.

Read also: XRP Ready to Break $2.35? Smart Money Triggers Big Bullish Spike!

For months, prices kept bouncing between the upper and lower lines of this triangle, creating pressure that could explode into a big move.

Now, according to Faibik, XRP is very close to the breakout point, and if buyers manage to push the price through the top line, a big rally could happen quickly. XRP recently climbed back above $2.22, following in the footsteps of Bitcoin (BTC) and Ethereum (ETH).

In fact, XRP broke through the $2.23 level, showing significant strength.

Faibik said that the bulls seem poised to win this time. If XRP can close strongly above the top line with good trading volume, he predicts the next target to be around $4.60 – a big jump from the current XRP price.

New Hope from XRP ETF Approval Opportunity

XRP has always been one of the most talked about coins, despite its challenges. Recently, news that Ripple’s lawsuit with the SEC may end soon has raised hopes for the approval of the Spot XRP ETF.

According to prediction platform Polymarket, the chances of approval from the US SEC are now at an impressive 95%.

Captain Faibik believes that bullish news like this could provide an important boost for XRP to break through its strong resistance levels and reach new highs.

Possible Downside If Failed

However, as always in the crypto world, nothing is certain. If XRP fails to make a breakout, this triangle pattern could be a trap for the bulls, and the price may go flat or even lower.

Read also: Here Are the Top 3 Crypto Airdrops You Don’t Want to Miss This Week (July Edition!)

The first support level on the downside is around $2, with stronger support near $1.74.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coinpedia. XRP Price Eyes $4.60 Surge as ETF Approval Odds Hit 95%. Accessed on July 8, 2025