Oh, lookie here! XRP, the third wheel in the crypto car, just took off like a rocket, up 17% in a week. Crypto ETFs might be the new BFFs of XRP, and the SEC is playing nice, acknowledging Grayscale’s Form 19b-4. Place your bets, folks, because the odds are in favor of an XRP ETF approval in 2025. 🎲📈
After doing the cha-cha between $2.26 and $2.54, XRP decided to shake things up and start climbing from the depths of $2.33 on Feb. 12. It even managed to rally past the daily SMA 50 at $2.668, which was a bit of a turncoat, switching from support to resistance. But hey, upward liquidity is the name of the game, and XRP hit intraday highs of $2.83. Four days of gains? Now that’s a streak worth celebrating. 🎉
So, can XRP make it to the big leagues and hit $3? Buyers are playing defense, trying to keep the price above the moving averages. If they can hold the line, XRP might just break through the $2.91 barrier and reach the elusive $3. And if it does? Watch out, $3.4, here comes XRP! 🚀🌟
As I’m typing this, XRP is up 1.99% in the last 24 hours to $2.8 and up 17% weekly. But if the price decides to take a nap, bulls might try to turn the daily SMA 50 into a safety net. If that doesn’t work, XRP might be back to its old ping-pong game between $2.26 and $2.54. 🏓
In other news, the XLS-56 amendment is now live on the XRP Ledger, making it possible to bundle up to eight transactions in one go. Talk about efficiency! Just when AMM swap volumes and new wallet creations are on the rise, XRP decides to get its act together. 🤝💼
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2025-02-15 16:12