XRP Short-term Potential: Technology, Sentiment, and ETFs All Assist, Just Waiting to Break Resistance

XRP's technical situation brings good news: the price remains stable at a key support level and has broken through the long-term downtrend line since July—indicating that the downtrend may be coming to an end. Additionally, the chart has shown a "TD Sequence" buy signal, which means the momentum of the decline has diminished, and there is a high probability of stabilization and rebound.

Market sentiment is also improving, with positive net trading volume in the derivatives market, driven by new buy orders. However, there is a risk to be mindful of: the XRP reserve amount on exchanges is increasing, creating potential selling pressure that bulls need to overcome.

The most crucial factor remains the spot XRP ETF decision, as the SEC will release results for institutional applications in mid-October. The current market expectations are particularly high, with a predicted approval probability of 93%, which is a key bullish driver.

XRP Master Brother's morning trading advice:

Go long around the 2.950 - 2.980 range, targeting the 3.020 - 3.080 interval! #xrp $XRP #ETF