XRP’s ETF Surge: Trade the Breakout
#XRP soared 6% to $2.57 after its inclusion in Trump’s “Crypto Blue-Chip ETF” via Truth Social. With the SEC lawsuit nearing resolution, is XRP the next 10x crypto? Here’s how to trade its breakout.
Why XRP Is Rallying
ETF Boost: Trump’s ETF adds legitimacy, potentially drawing billions in institutional funds.
Legal Win: Speculation of an SEC appeal drop could unlock U.S. ETF listings.
XRP’s 7.4% weekly gain shows strong bullish momentum.
Intraday Breakout Strategy
Use 9 EMA + 21 EMA + RSI + Volume on a 5-minute chart:
Entry: Buy when 9 EMA crosses above 21 EMA (e.g., $2.58), RSI 40–60, volume 2x average.
Stop Loss: Below 21 EMA ($2.54, risking $0.04).
Target: Next resistance ($2.65, $0.07 profit, 1:1.75 risk-reward).
Can #Xrp🔥🔥 10x?
ETF inflows and legal clarity could drive XRP to $25 by 2030 (10x from $2.57). Risks include regulatory hurdles and altcoin competition.
$XRP