$XRP 🔔 End of the lawsuit with the SEC: a major turning point for XRP
Ripple has recently reached an agreement with the SEC, ending a long-standing dispute. This resolution led to an 8% increase in the price of XRP, reaching approximately $2.38. Analysts believe that breaking through this resistance could pave the way for a progression towards $3.
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📈 Upcoming launch of XRP futures by the CME
The CME Group plans to launch XRP futures on May 19, 2025, pending regulatory approval. This initiative aims to address the growing interest from institutional investors in altcoins.
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🏛️ Strategic acquisition of Hidden Road by Ripple
Ripple has announced the acquisition of broker Hidden Road for $1.25 billion. This move aims to strengthen Ripple's position in institutional decentralized finance and to integrate post-trade operations into the XRP Ledger.
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📊 Technical analysis: bullish signals for XRP
The price of XRP has recently broken through a downward trend line, indicating a possible trend reversal. Technical indicators suggest further upside potential, with price targets around $3.90.
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💡 Summary
Current price of XRP: approximately $2.40
Upcoming key steps:
Launch of XRP futures by the CME on May 19
Integration of Hidden Road into the Ripple ecosystem
Monitoring resistance levels at $2.38 and $3
