{"id":5995,"date":"2025-07-24T04:11:10","date_gmt":"2025-07-24T04:11:10","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/xrp-is-about-to-break-8-year-resistance-against-bitcoin-ahead-of-spot-etf-approval\/"},"modified":"2025-07-24T04:11:10","modified_gmt":"2025-07-24T04:11:10","slug":"xrp-is-about-to-break-8-year-resistance-against-bitcoin-ahead-of-spot-etf-approval","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/xrp-is-about-to-break-8-year-resistance-against-bitcoin-ahead-of-spot-etf-approval\/","title":{"rendered":"XRP Is About To Break 8-Year Resistance Against Bitcoin Ahead Of Spot ETF Approval"},"content":{"rendered":"<p>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 <a href=\"https:\/\/bitcoinist.com\/xrp-price-about-to-explode\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">historic breakout against Bitcoin (BTC)<\/a>. With XRP Spot ETF approvals still pending, this breakout could signal the start of a significant shift in momentum and price trajectory.\u00a0<\/p>\n<h2>XRP To Break Major Resistance Against Bitcoin<\/h2>\n<p>The XRP\/BTC trading pair is rapidly approaching a critical technical breakout that could reshape its long-term value outlook. Crypto market expert Gordon descending resistance line\u2014a move that could spark a major structural change in the market.<\/p>\n<p>A breakout from this resistance could not only signal the end of nearly a decade of underperformance against Bitcoin but also serve as a potential precursor to a broader revaluation of XRP. Gordon\u2019s biweekly chart illustrates XRP&#8217;s historical struggle to gain ground against Bitcoin, with repeated rejections from a strong descending line that has acted as a barrier since 2017.\u00a0<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-large wp-image-792852\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/07\/XRP-chart-from-Gordon.jpg?w=504&#038;resize=504%2C512\" alt=\"XRP\" width=\"504\" height=\"512\" \/><\/p>\n<p>However, after experiencing price action builds momentum.<\/p>\n<p>What makes this potential breakout even more intriguing is that XRP\u2019s rising value and 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 ETF approval. 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\u2019s assessment that a breakout from the 8-year trendline could be a gateway to <a href=\"https:\/\/bitcoinist.com\/xrp-roadmap-generational-wealth\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">a generational wealth opportunity<\/a>.\u00a0<\/p>\n<h2>2025 XRP Spot ETF Approval Odds Hit 95%<\/h2>\n<p>According to new data probability of an XRP ETF approval by the US SEC in 2025 has increased to a whopping 95%.\u00a0<\/p>\n<p>XRP currently shares the highest projected odds of approval alongside Litecoin and <a href=\"https:\/\/bitcoinist.com\/rex-osprey-first-ever-solana-etf\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">Solana<\/a>, signaling a major shift in sentiment toward <a href=\"https:\/\/bitcoinist.com\/experts-unveil-altcoin-etf-approval-odds\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">altcoin-based ETFs<\/a>. 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 <a href=\"https:\/\/x.com\/xaif_crypto\/status\/1947826278314479960?s=46\" target=\"_blank\" rel=\"noopener nofollow\">approved<\/a> the conversion of the Bitwise 10 Crypto Index Fund into an ETF, which will include assets such as XRP, BTC, ETH, and others.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"size-large\" src=\"https:\/\/www.tradingview.com\/x\/PJqa5knn\/\" alt=\"XRP\" width=\"2108\" height=\"1502\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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.\u00a0 XRP To Break&hellip;<\/p>\n","protected":false},"author":1,"featured_media":5996,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[361],"tags":[2954,2955,65,275,73,2956,2547,138,102,2957,496,563,151,325,121,1859,1918,1947,2958,150,326,327,2959,152,153,154],"class_list":["post-5995","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xrp-news","tag-21shares","tag-altcoin-based-etfs","tag-bitcoin","tag-bitwise","tag-btc","tag-canary","tag-descending-resistance-line","tag-eth","tag-ethereum","tag-gordon","tag-grayscale","tag-litecoin","tag-ripple","tag-ripple-news","tag-solana","tag-steph-is-crypto","tag-symmetrical-triangle-pattern","tag-us-sec","tag-wisdomtree","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrp-spot-etfs","tag-xrpbtc","tag-xrpusd","tag-xrpusdt"],"_links":{"self":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/5995","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/comments?post=5995"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/5995\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/5996"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=5995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=5995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=5995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}