XRP ETF Odds Surge to 84% as SEC Reviews WisdomTree Filing

Key Insights:

• SEC reviews XRP ETF filing, pushing approval odds to 83%.
• XRP forms a bullish wedge, eyes breakout beyond $2.80 resistance level.
• Market sentiment strengthens as regulatory clarity fuels XRP momentum.

As May 2025 ended, the probability of an XRP exchange-traded fund (ETF) approval surged to 83%. The process accelerated after the U.S. Securities and Exchange Commission (SEC) officially began reviewing the WisdomTree XRP Trust, a spot ETF designed to give investors XRP exposure without requiring direct token ownership.

SEC Review of WisdomTree XRP ETF Fueled Market Optimism

The SEC’s formal review of WisdomTree’s XRP Trust filing signaled heightened regulatory interest in crypto-linked financial products. The proposed ETF aimed to simplify XRP access for both retail and institutional investors via traditional brokerage accounts, eliminating the need for self-custody.

Polymarket data showed a 13% spike in approval odds, bringing the total to 83% by Dec. 31, 2025. The trendline of approval probability has remained upward since early 2025, with only brief dips. This marked a shift in investor sentiment and reflected increasing confidence in regulatory clarity around XRP-based instruments.

XRP Price Action: Technical Indicators Highlight Potential Upside

From the technical side of things, XRP price action is constricting inside a falling wedge formation on the daily chart and could push ahead with bullish momentum. According to analysts, XRP and XRPBTC closed indecision. This is while trading its BTC pair, XRPBTC is currently trading a key daily support zone. The technical positioning also fits in with Bitcoin’s dominance gradually slipping away, a pattern that tends to go hand and hand with altcoin price rallies.

A falling wedge pattern, an often found bullish reversal indicator, could imply XRP will reach its next meaningful resistance at $2.80, were it to break out from the wedge resistance. This is supported by historical chart data, as XRP has been stuck under this level since the early 2025, but has formed higher lows indicating accumulation and buyer interest is strengthening.

Key Price Targets and Resistance Levels

On the daily chart, XRP traded at $2.31, with price action narrowing inside the wedge pattern. The $2.80 breakout level remained crucial for XRP to attempt a move toward a new all-time high.

Above $2.80, resistance levels appeared at $3.30 and $3.65. These zones aligned with past peaks from late 2025 and were likely to be profit-taking areas for traders. The chart also included a forecast arrow suggesting a bullish direction following a breakout.

Support at $2.00 continued to act as a reliable floor, preventing breakdowns during previous dips. Price consolidation near this level in a wedge formation suggested reduced volatility and a potential move soon.

Intraday metrics remained choppy but showed promise. If XRP moved above the intraday lower high trendline and cleared the $2.475 resistance, it could attract long positions. Short-term traders monitored momentum closely for scalp or swing entries.

In summary, XRP’s bullish setup aligned with the SEC’s active review of the WisdomTree ETF. Combined with clear technical signals, this raised expectations for a breakout above $2.80. With ETF approval odds now above 80%, analysts projected further price expansion amid continued filings and institutional interest.

Disclaimer

This article is for informational purposes only and provides no financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.