BMClogo

After weeks of decline, Ripple (XRP) saw a modest revival. Over the past seven days, cryptocurrency assets have steadily risen by more than 5% to just over $3.

However, as traders bet on ETF approvals, the surge in XRP call options could push price targets toward year-end $4 to $5.

XRP ETF optimistic

There is a clear difference in sentiment across the cryptocurrency market, and B2BINPAY’s analytics team attributes how traders turn capital to altcoins with recent catalysts. In a statement cryptopotatothey noted that the option data reflects optimism about XRP, while Bitcoin (BTC) and Ethereum (ETH) face caution.

Specifically, the December call option on XRP far exceeds Pits, which the team interprets as market confidence driven by expectations for U.S. ETF approval later this year. According to their view, even if there is one product approved, the result in inflows could push XRP to the $4-$5 range.

On the other hand, Bitcoin and Ethereum showcase options markets tend toward protection strategies, as evidenced by putters with higher putters than callers. This defensive stance is consistent with slowing ETF traffic. For example, the Ethereum ETF witnessed a record high outflow last week after BTC’s rally stopped above $100,000 and ETH retreated from $5,000 to $4,300.

For B2BINPAY, this trend marks a rotation. They explained that trader hedging majors pursue upward space in some Altcoins.

Meanwhile, the latest data from Polymarket shows that XRP ETF has a 93% chance of getting approval by the end of 2025.

Experts say big move

In supporting this prospect, analyst “Crypto Tony” observed that XRP crossing the $2.95 level was already a bullish trigger and opened the door for long positions.

Another well-known market expert, Ali Martinez, agreed with similar sentiment, further adding that a breakthrough beyond the decline triangle pattern could reduce XRP to $3.60, further validating that optimism about ETF approval can only expand the momentum of XRP.

XRP’s recent price momentum coincides with Spain’s new expansion. This week, Ripple announced a partnership with BBVA to integrate its self-customer solution, Ripple Custody, into the Spanish Bank’s recently launched cryptocurrency trading and custody service. This integration allows BBVA to safely manage token assets including BTC and ETH while ensuring compliance.

Special offer (sponsored)

Binance Free $600 (Cryptopotato Exclusive): Use this link to register for a new account and get an exclusive welcome offer of $600 on Binance (Full details).

Limited offer for Bybit’s Cryptopotato readers: Use this link to register on any coin and open a $500 free job!

Source link