Attention, my people! 🚨 The price of XRP is going crazy and experts are already smelling blood! A super enthusiastic analyst, who goes by the name Master Ananda, is saying that the cryptocurrency is about to take off like a rocket. Why all the fuss? Well, it turns out that XRP hit a floor, a support, and instead of crashing, it rose stronger than ever! 💪 For those who know, this is a sign that the drop has hit bottom and that what's coming is pure upward movement. 🚀
But be careful! 👀 The price tried to break a barrier, the 13-day EMA, and although there was a drop, it recovered faster than lightning. ⚡️ This is no small matter; it means that there are a lot of people buying, absorbing all the sales and not letting the price fall. According to Ananda, this is a sign that the down phase is over and the upward train is about to leave. 🚂
And as if that wasn't enough, the five-week pullback we had, that ugly drop that made us sweat, perfectly aligns with what is expected before a major surge. Ananda is so sure of this that he already has a target price: $4.44, and if the momentum continues, it could reach the astronomical figure of $6.28. 💸 Just imagine the intense partying that those who have XRP will experience! 💃🕺
The Ace Up the Sleeve: The SEC and the ETFs 🃏
But it's not just about numbers and charts. There's a factor that could make everything explode! 💥 The SEC (Securities and Exchange Commission), which had made Ripple's life difficult, just lost its case. A federal court gave the final verdict on the matter. And what happened immediately? An avalanche of big companies like Grayscale and Franklin Templeton rushed to ask for permission to create their own XRP ETFs! 🤑
This is a bombshell because an XRP ETF would make the cryptocurrency as easy to buy as a stock. Bloomberg Intelligence (who are no rookies) is already saying there's a 95% chance that these ETFs will be approved. That's almost a certainty! An ETF could bring a wave of new investors who have no idea how to buy crypto, but know about the stock market. And if they come in with their money, the price of XRP could explode like a piñata at a birthday party! 🥳
Right now, the price is at $3.03, rising more than 7% in 24 hours. For the $6 party to become a reality, XRP needs to stay strong above that $3 floor. And, of course, the rest of the crypto market also needs to keep good vibes. So let's stay alert, my people, because the show is about to begin! 🎭
Will the Latino investors who already have their XRP get rich or is this just a bubble about to burst? Only time will tell! ⏱️$XRP
