### **📉 XRP Price Prediction: ETF Delay & Macro Risks Looming**

#### **🔍 Key Points:**

- **Franklin Templeton’s XRP ETF delayed** – SEC postpones decision to **June 17**, with analysts predicting **final approval may not come until October**.

- **XRP price at $2.22**, holding above **21 & 50DMAs**, but facing potential headwinds.

- **Bullish flag pattern forming**, but **breakout unlikely in May** due to ETF delay & macro risks.

- **Possible downside**: Drop to **sub-$2.00** before a potential **late 2024 rally** if spot XRP ETFs get approved.


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### **⚠️ Why the Delay Hurts XRP?**

- **Lost "ETF hype" momentum** – Major narrative pushed to Q4 2025.

- **Macro risks rising** – US recession fears persist despite Trump softening trade war stance.

- **Technical resistance at $2.50** – Rally may stall without fresh catalysts.


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💬 **Thoughts?** Will XRP drop below $2 before ETF approval? Or is Solaxy the better play? Drop your take! 👇