📈 XRP breaks $3 and prepares for a historic jump
Ripple (XRP) has ignited the markets this July 17 after surpassing $3 USD, driven by an explosive combination of technical and regulatory factors. The price rebounded from $2.85 with strong volume, and analysts point to a possible target of $4.80 USD if the weekly close above $3 is confirmed.
The key catalyst: a private SEC meeting that could mark the end of the long legal battle against Ripple. Additionally, the launch of the ProShares XRP futures ETF on July 18 has boosted institutional interest.
Technically, XRP shows a multi-month bullish pattern, with indicators like MACD and RSI in positive territory. Whales are accumulating, and the market expects a definitive breakout that could take the token to new all-time highs.
📌 FThe Market Periodical, Cryptonomist.
