$XRP price surged nearly 5% today, hitting an intraday high of $2.36, continuing a three-week rally of over 46% gains!
Several strong catalysts are driving this bullish momentum:
✅ ProShares XRP Futures ETF Approval:
The SEC approved three XRP futures-based ETFs under ProShares Trust, launching April 30, 2025. This boosts institutional exposure to XRP.
✅ CME Group to List XRP Futures:
CME Group will add XRP futures next month alongside BTC, ETH, and SOL, expanding XRP’s reach in regulated markets.
✅ Whale Accumulation:
Glassnode data shows a rise in wallets holding 10,000+ XRP during the recent correction, indicating strong investor confidence.
✅ Technical Breakout:
$XRP broke out of a falling wedge pattern — aiming for a $3.63 target, a potential 55% upside from current levels!
With RSI still neutral and XRP holding key moving averages, analysts believe this rally could be just the beginning.
Eyes are now on the April 30 futures launch and possible spot ETF news in May!