🔥🔥🔥XRP leads the cryptocurrency market ahead of October SEC decisions on ETFs
🔑 Fundamental factors👇
📜 Approval of a spot ETF on XRP → sharp increase in demand.
🏦 Ripple obtaining a banking license in the USA → strengthening investor confidence.
💰 Use of XRP as a reserve asset for the Treasury → strategic growth driver.
🚀 Growth scenario👇
Breakthrough of resistance at $3.3 → approach to ATH 2018 ($3.66).
Successful breakout of ATH → opens the way to $5 and above.
🛡 Support and risks👇
Key support zones: $2.00 – $2.55.
In case of negative news (ETF rejection, implementation delays) → drop to $2.72.
📈 Technical picture👇
XRP is forming a multi-year W-pattern.
The token is held above the long-term trend line, which increases the chances of a bullish breakout.
🌍 External factors👇
💹 Bitcoin dynamics directly influence XRP.
📉 Global economic trends and Fed policy → key risks for the crypto market.
💡 Conclusion:👇
In a bullish scenario, XRP could enter a new growth cycle with targets of $3.66 → $5+.
In a bearish scenario — maintaining a range of $2.0–$2.7.
👉 Right now, XRP looks like an asset preparing for a decisive leap. 🚀
