HarryPotterObamaPacMan8Inu 價格XRP

💥BREAKING: THE SEC HAS OFFICIALLY AND LEGALLY DECLARED THAT #XRP IS NOT A SECURITY HEARING RUMORS OF BLACKROCK ETF TOO… 🚀

The U.S. Securities and Exchange Commission (SEC) has now formally acknowledged the spot XRP ETF filing from Grayscale and NYSE Arca. This has brought back positive feelings around the token. With Bitcoin and Ethereum ETFs already approved, many analysts think XRP might be next . This regulatory development could open the door for significant institutional money. Estimates suggest that between $4 billion and $8 billion could flow into the market within the first year after approval. XRP is trading around $2.80, after the latest price rise, with XRP facing strong resistance at $2.91. This price level is important and could decide if XRP moves higher this weekend. If buyers push the price past this point, XRP could climb towards $3.15. However, a major downward trendline is waiting at that level. Right now, market momentum is showing mixed signals. XRP is holding above its 20 and 50 EMAs on the 4-hour chart. The RSI is around 68, meaning that while XRP is getting close to being overbought, there is still buying interest. If XRP stays above the $2.52 support level, traders might see a push above resistance over the weekend. But, if it can’t get past $2.91, a short-term drop back towards $2.37 is possible. This $2.37 area has been a solid support zone during previous price dips. Related: XRP Soars 17% Near $3 as SEC Reviews More of Its ETF Bids: Approval Soon XRP’s price movement largely depends on whether buyers can build enough momentum to break through the current resistance areas. If there’s a sustained breakout above $3.15, expect a faster move towards $3.40. If this level is also broken, XRP could extend its gains towards $3.80 in the coming days. On the other hand, if XRP is rejected at $2.91 or $3.15, it could retest support at $2.52 and $2.37. Dropping below these levels would signal more selling pressure, potentially pulling XRP back to $2.20. Traders should look for confirmation signals. Price stability above $2.91 would suggest stronger bullish sentiment. However, not holding above $2.52 might indicate more downside risk. Several major asset managers, including WisdomTree, Bitwise, 21Shares, and Canary Capital, have also filed for spot XRP ETFs. This shows growing demand from traditional finance. Bloomberg ETF analyst James Seyffart called this news the “biggest XRP news in years.” He pointed out that regulatory acceptance could significantly change XRP’s market standing. With institutional interest surging, everyone is wondering how an ETF approval could affect XRP’s price. As investors consider this new information, focus is shifting to key technical levels. These levels could determine the next major price swing. Related: SEC Postpones Coinbase Appeal Response Citing New Crypto Task Force XRP still looks bullish, but the next few days will be key to see if it can break through important resistance levels. If buyers manage to reclaim $3.15, the market might see renewed upward momentum. However, traders need to be cautious, as resistance remains strong at $3.40. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

XRP has finally shattered a critical resistance level, surging past $2.7 and breaking above the 100-day Simple Moving Average (SMA). This bullish move signals renewed strength in the market, with buyers stepping in to drive momentum higher. After weeks of sideways trading, XRP’s breakout could be the catalyst for further gains, but can the bulls sustain this rally? With technical indicators...

While $BTC and Ethereum are the primary focus for ETF approvals, other altcoins are gaining attention. Here’s a look at some contenders: 1. Solana (SOL) Strength: Fast, scalable network with strong DeFi and NFT activity. Institutional Interest: Grayscale Solana Trust indicates growing institutional demand. Regulatory Hurdle: Solana’s decentralized nature might help, but it was previously named in SEC filings. 2. XRP (Ripple) Strength: Strong focus on cross-border payments with established banking partnerships. Institutional Interest: Ripple’s legal win against the SEC bolstered confidence. Regulatory Hurdle: Ongoing regulatory scrutiny still lingers. 3. Polygon (MATIC) Strength: Layer 2 scaling solution with strong enterprise partnerships (e.g., Starbucks, Reddit). Institutional Interest: Growing usage in Web3 and DeFi sectors. Regulatory Hurdle: SEC scrutiny as a potential security. 4. Avalanche (AVAX) Strength: High-performance network with institutional-friendly subnets. Institutional Interest: Ava Labs' partnerships with traditional finance players. Regulatory Hurdle: Less regulatory clarity compared to larger peers. 5. Chainlink (LINK) Strength: Dominant oracle network with real-world integrations. Institutional Interest: Integral to DeFi infrastructure, gaining traction for real-world assets. Regulatory Hurdle: Limited precedent for oracle-focused assets. Conclusion: Solana and XRP appear best-positioned for an altcoin ETF, with SOL gaining momentum due to its ecosystem growth and XRP benefiting from partial legal clarity. However, until the SEC provides clearer guidance on securities classification, Bitcoin and Ethereum ETFs will likely dominate institutional crypto investments.

Just in: The SEC’s acceptance of Grayscale’s Ripple #ETF application signals growing institutional interest in $XRP. While not yet approved, XRP has gained momentum, breaking resistance at $2.53 and targeting $2.77 next. Meanwhile, $SUI surged 10% to $3.45, driven by strong partnerships and staking incentives. Bulls now eye $4. Is this the start of a bigger breakout? #XRP #SUI #Crypto #ETF