$XRP
will $XRP token break 3.5 resistance?
XRP is currently trading around $3.01and facing resistance at the $3.36-$3.63 zone. Breaking and holding above $3.63 could open the path toward $4.20. Some analysts suggest that the $3.42 resistance is key to unlocking a push towards $3.60-$3.70 and eventually $4.00.
Bullish indicators:
The end of the SEC lawsuit has removed a significant overhang for XRP, leading to renewed optimism.
Increased institutional interest and inflows into XRP-related products are noted.
Technical indicators like MACD and some moving averages show bullish potential.
XRP's utility in cross-border payments and remittances, with RippleNet's expansion and partnerships, could drive adoption and demand.
Potential approval of XRP-based ETFs could introduce substantial capital inflows.
