Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. After nearly eight years of being trapped under a long-term resistance line, XRP is set to make headlines again as it inches closer to a historic breakout against Bitcoin (BTC). With XRP Spot ETF approvals still pending, this breakout could signal the start of a significant shift in momentum and price trajectory. XRP To Break Major Resistance Against Bitcoin
The XRP/BTC trading pairis rapidly approaching a critical technical breakout that could reshape its long-term value outlook. Crypto market expert Gordon notedin his chart analysis on X social media that XRP/BTC is close to breaching an 8-year descending resistance line—a move that could spark a major structural change in the market. Related Reading XRP Is About To Break 8-Year Resistance Against Bitcoin Ahead Of Spot ETF Approval 1 hour ago
A breakout from this resistance could not only signal the end of nearly a decade of underperformance against Bitcoinbut also serve as a potential precursor to a broader revaluation of XRP. Gordon’s biweekly chart illustrates XRP’s historical struggle to gain ground against Bitcoin, with repeated rejections from a strong descending line that has acted as a barrier since 2017. Source: Gordon on X
However, after experiencing long years of consolidationand accumulation, XRP/BTC now appears to be forming a large Symmetrical Triangle, with the current price hovering just below the upper boundary of the formation. Based on Gordon’s analysis, this technical compression suggests an imminent breakout, especially as price action builds momentum.
What makes this potential breakout even more intriguing is that XRP’s rising valueand current momentum have occurred without any significant bullish catalysts. The upward movement in XRP/BTC comes even before any official news concerning a potential XRP Spot ETFapproval. The anticipation surrounding this ETF is already palpable, and a favorable decision could act as a powerful catalyst for continued upside. This scenario aligns with Gordon’s assessment that a breakout from the 8-year trendline could be a gateway to a generational wealth opportunity. 2025 XRP Spot ETF Approval Odds Hit 95%
According to new data sharedby market expert Steph is Crypto, XRP has emerged as one of the front-runners in the race for Spot ETF approval in the United States (US). The analyst has stated that the probability of an XRP ETF approvalby the US SEC in 2025 has increased to a whopping 95%. Related Reading XRP Is About To Break 8-Year Resistance Against Bitcoin Ahead Of Spot ETF Approval 1 hour ago
XRP currently shares the highest projected odds of approval alongside Litecoin and Solana, signaling a major shift in sentiment toward altcoin-based ETFs. Already, a growing number of institutional asset managers are investing in this ETF, including Grayscale, Bitwise, 21Shares, WisdomTree, Canary, and others. Just a few days ago, reports also revealed that the SEC has officially approvedthe conversion of the Bitwise 10 Crypto Index Fund into an ETF, which will include assets such as XRP, BTC, ETH, and others. XRP trading at $3.43 on the 1D chart | Source: XRPUSDT on Tradingview.com Featured image from Getty Images, chart from Tradingview.com