🔥 $XRP Takes Off After Powell’s Speech – Here’s the Scoop
Big news for the XRP family! Jerome Powell spoke at Jackson Hole, and his softer words on interest rates gave crypto markets a boost. When people heard there could be future rate cuts, money quickly started flowing back into risk assets like Bitcoin and XRP.
XRP reacted fast. In just one hour, the price spiked nearly 7%. Whales stepped in to protect the $2.82 level and loaded up with almost 900 million XRP in only two days. That strong buying helped push the price higher and clear out a lot of short positions.
On top of that, we got exciting ETF news. A new leveraged XRP ETF was filed, and experts say chances of approval are very high. If that happens, more big investors could join the party.
Right now, XRP has broken above $2.99. If it stays there, we might see targets around $3.17–$3.40. But if it slips under $2.82, things could turn bearish again.
👉 In short: Powell’s words, whale support, and ETF hype all came together to fuel XRP’s rally. Now everyone’s watching if this momentum keeps rolling.
Not financial advice. Always DYOR!