🚀 XRP Just Broke Out — Here's Why 📈

While the overall crypto market remains mostly flat (+0.13%), $XRP is making serious moves — jumping 3.24% intraday to $2.24 despite legal overhangs. Let’s break down why. 🧵👇

🔹 1. Canada’s First Spot XRP ETF

Purpose Investments launched XRPP on the Toronto Stock Exchange — a game-changer. It’s TFSA & RRSP-eligible, making XRP exposure easier for traditional investors. 💸

🔹 2. On-Chain Activity Spikes

Daily active addresses surged to 295K (up from ~40K avg) — signaling renewed user interest and growing adoption. 📊

🔹 3. Whales Are Back

Over 2,700 wallets now hold 1M+ XRP. That’s institutional confidence you don’t ignore. 🐋

📉 Short-Term Outlook:

XRP is testing resistance at $2.35–$2.40. A breakout could open doors to more upside. Support sits at $2.12–$2.14.

🔍 RSI is neutral (~54.7), but ETF flows + whale moves = bullish undertone.

🧠 TL;DR: If this momentum holds, XRP may not stop here. Watching closely.