Can XRP Bulls Defend the $2.00 Zone?
Buy Now Click Here 👉 $XRP
Right now, $XRP is cruising around $2.08 🚗💨. Bulls are eyeing that juicy $2.24 level — guarded tightly by the 50-day & 100-day EMAs like a fortress 🏰⚔️. They’ve managed to pull away from the earlier resistance, but last Monday’s test didn’t go well. Lose $2.00 again, and we might be sliding down to the 200-day EMA at $1.95, or even deeper to $1.61 🕳️📉.
The MACD is still flashing a BUY sign 💡📈, backed up by green histograms — so bulls aren’t out of the fight yet! RSI’s dance near the oversold zone is something to keep an eye on — dip too far and we’re entering danger territory 🚨🛑.
One massive catalyst that could shake things up? An XRP ETF 🪙📊. Rumors are swirling, but don’t get too hyped just yet — the new SEC Chair, Paul Atkins, might hit the brakes while he settles in 🧓🪑.
But here’s the spicy bit 🌶️ — May 22 is the date to circle on your calendar! 🗓️ That’s when the SEC has to respond to Grayscale’s XRP spot ETF filing. After the approval of a 2x XRP ETF from Teucrium, Kaiko Research thinks XRP ETFs have a better shot than Solana’s ⚖️✅. Why? Improved market depth and liquidity since late 2024 💪💦.