Big news, traders ā a Trump advisor just hinted that the U.S. government shutdown could end this week.
Now, before you brush that off as political noise, letās talk about why this could be a massive deal for XRP.
šØ Why It Matters
During the shutdown, the SECās been running on a skeleton crew, meaning no progress on ETF approvals ā including the long-anticipated XRP spot ETF.
If Washington gets back to business, regulatory gears start turning again... and XRPās ETF decision is sitting right near the top of that pile.
This isnāt just about politics ā itās about timing. Once the SECās full staff returns, the XRP ETF conversation heats up fast.
š What Traders Need to Know
XRPās been stuck sideways, waiting for a real catalyst.
This development? It could be the spark that finally moves the market.
Letās break down the setup š
š¢ Bullish Scenario (Hold & Bounce):
If the $2.41 ā $2.42 support zone holds strong, expect a quick push to $2.45, and possibly $2.50 as momentum builds. That would keep the short-term uptrend alive.
š“ Bearish Scenario (Breakdown):
If $2.41 gives way and XRP breaks down with volume, we could slide toward $2.38 or lower ā signaling sellers back in control.
š” My Take
The risk/reward setup is clear, but so is the uncertainty.
Until one of these levels confirms direction, Iām staying patient ā no fresh entries until the market shows its hand.
This week could be the one that puts XRP back in the spotlight.
Stay alert. The next move might come fast. ā”
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