XRP has broken through resistance at 2.30, and today this level has already served as support twice. If the price consolidates above 2.3, the next level is 2.5.
This year, we expect significant events related to XRP:
- On June 16-17, a final resolution of the dispute between the SEC and Ripple is expected.
- In October, there will be a decision on the XRP ETF, with a 90% chance of approval.
The price should react positively to both of these events. The rise (or fall) usually starts a couple of days before (wonder why?😉).