XRP price jumps after SEC approves XRP Futures ETF! Will XRP break $2.29 resistance and start a new rally
XRP is back in the spotlight!
As of April 28, 2025, XRP is trading around $2.27, rising by more than 4% in the past 24 hours — and the momentum might just be getting started.
The key driver behind today’s excitement?
The U.S. SEC has approved ProShares' XRP Futures ETFs, with the official launch set for April 30. This major move is expected to open the floodgates for institutional investors to enter the XRP market — potentially igniting a new wave of buying pressure.
Why This Matters:
Institutional Money: Futures ETFs allow big players to trade XRP exposure easily, which could mean higher liquidity and volatility.
Positive Sentiment: Regulatory approval signals growing trust in XRP's legal standing — a critical factor after years of uncertainty.
Technical Picture:
XRP is currently testing resistance around $2.29.
A breakout above this level could lead to a sharp rally, with eyes set on $2.50 and beyond.
Short-term caution: Some analysts warn of a possible dip towards $2.14 if resistance holds.
Market Mood:
Despite minor corrections, the overall sentiment is turning bullish. XRP’s recent price structure hints at a possible trend reversal, and the ETF approval could be the catalyst needed to fuel a larger move.
Final Thoughts:
XRP is entering a critical phase. The coming days — especially around the ETF launch — could shape its mid-term trajectory.
Will XRP ride the ETF wave to new heights, or will resistance cap its progress temporarily?
Stay tuned and watch XRP closely — the real move might just be around the corner!
