🤓Here is what you need to know:
→ Stay alert, #XRPArmy !We're closer to getting approval!💪
→ According to Collin Brown, a well-known crypto analyst, the US SEC has officially acknowledges the 21Shares ETF filings for #Xrp🔥🔥 . This could be a key moment that opens the door for approval and boosts optimism for both tokens.📊📈🚀
→ Additionally, on February 12th, both Foresight News from Binance and Cointelegraph reported that the U.S. Securities and Exchange Commission (SEC) is expected to greenlight Grayscale's XRP ETF 19b-4 filing by February 13th. By February 14th, the SEC confirmed the receipt of the XRP ETF filing! This could mark a significant step forward in the quest for ETF approval!🙏👍
→ Recently, legal expert Jeremy Hogan suggested that a settlement in the Ripple lawsuit may occur before the SEC gives the green light to the XRP ETF. He cautioned that the approval process might face delays extending up to 12 months.✅
📊Price Analysis of XRP for the upcoming week:
In a Bullish Scenario, if $XRP can break through the $2.80 resistance, it might rally towards $3.00 and possibly test $3.40 if the bullish momentum persists. Dark Defender also supports the prediction of a new ATH of $5 soon.📈🚀💥
Conversely, in a Consolidation Scenario, if $XRP struggles to surpass $2.80, it may hover between $2.60 and $2.80, waiting for a new catalyst. This situation could arise if profit-taking increases or market sentiment softens.📊✅
In a Bearish Scenario, a decline below $2.50 could lead XRP to test lower support levels at $2.40 or even $2.00. However, this outcome seems less probable given the current bullish signals.📉🧐
📊Price Predictions of XRP:
→ Analysts are feeling positive for 2025 about #XRP ‘s prospects, with forecasts suggesting a price range of $5 in the current cycle and up to $110 in the next significant bull market. The increasing adoption of RippleNet and the possibility of ETF approvals could propel XRP to unprecedented levels.📊📈🚀💥
→ Recent insights from Crypto.news reveal for the upcoming week, the emergence of a triple bottom pattern around the $1.95 support level, which may lead to a price surge for XRP, potentially reaching $3.50 in the short term. 📊📈
→ Notable crypto analyst Dark Defender anticipates a new all-time high (ATH) of $5 on the horizon for the upcoming week.📈🚀
→ Expert opinions among Analysts & Influencers vary regarding XRP's immediate future. Some believe that XRP could hit between $5 and $7 in the first half of 2025, driven by strong momentum following the elections and Ripple's progress in cross-border transactions.📈🚀
→ Let’s stay alert to see if XRP can keep its bullish energy going or if it will take a step back this weekend!👍
📊Trading advice: If you're thinking about making a purchase for a short-term or a long-term trade, it's wise to keep a close eye on the market. Pay attention to the 1h and 15m charts, along with the 24h volume, MACD, and RSI. Observing these indicators for a period of 1-4 hours for short-term trading and to 2-3 days for long-term trading can help you lock in a better price.👍
🚨Attention: Please keep in mind that cryptocurrency investments and trades always come with risks, and market conditions can change quickly! If you enjoyed the article/post, it is greatly appreciated if you would share your thoughts in the COMMENTS, give it a LIKE and please FOLLOW for more insights, research, analysis, and trends related to cryptocurrencies. Wishing you all lots of success for the #cryptoTrends2025 !🙏👍
🤓Uncover more facts and details available for you here:👍
→ GRAYSCALE, Billion Dollar Giant applies for XRP ETF!
→ SEC Acknowledges Grayscale XRP ETF!
→ CANARY CAPITAL in filing for XRP ETF!
→ Wisdom Tree in filing for XRP Spot ETF!
→ REX Shares has filed the application for XRP ETF!
→ 21SHARES has filed the application for XRP ETF!
→ BITWISE was the Pioneer in filing for XRP ETF! Is Bitwise the 1st one to get ETF approval?
→ The ALL-IN-ONE HANDBOOK for BEGINNERS! This is a Must-read for Newbies!