The bullish movement of XRP is due to the announcement of the approval of its ETF, which will come into effect on 30/4. This first ETF is not spot, but based on futures contracts, so the initial flows will be more speculative than actual purchases of XRP. Still, it is a crucial step that opens the door to future spot ETFs, which will require buying the asset directly, increasing real demand and potentially driving the price more solidly.

As happened with Bitcoin, the approval of spot ETFs could generate strong growth for XRP in the medium term, absorbing stable liquidity from large funds. For now, optimism has skyrocketed the volume, breaking resistances and marking a local maximum of 2.2954.

In the 15-minute chart, consolidation is observed after the initial impulse. If support at 2.25 is maintained, it could attempt to break the 2.30 zone in the coming days. However, one must remain alert: volatility could remain high until 30/4, with possible corrections due to profit-taking. Caution is advised when trading.