๐ XRP Set for Liftoff! ๐Price: ~$2.95 | 16 Buy vs. 5 Sell signals (Bitget technicals: 16 buy, 1 sell on MAs; oscillators mixed)
Momentum: RSI ~80 (overbought), MACD positive
Key Catalysts:
๐ ProShares Ultra XRP ETF (UXRP) launches Julyโฏ18, offering 2ร XRP exposure via futures contracts
โ๏ธ RippleโSEC settlement expected by midโAugust
๐ Whales control ~47% of XRP supply
๐ Recent institutional crypto ETF inflows ~โฏ$3.7B
Technical Levels:
๐บ Resistance: $3.00 โ a breakout could lead to $3.20โ3.40
๐ Support: $2.60โ2.65, with downside risk if breached toward $2.35
Analyst Targets:
Short-term: ~$3.20โ3.40
If regulatory clarity and ETF demand persist: $5โ10+
๐ XRP @ ~$2.95 โ RSI ~80, MACD bullish & technicals strong (16 buy vs. 5 sell signals).
UXRP ETF drops Julyโฏ18 + Ripple/SEC outcome by midโAug.
Whales hold ~47% supply with ETF inflows surging.
Break above $3? Eyes on $3.20โ3.40, support holds at $2.60โ2.65.
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