#XRPETF General Analysis of XRP Currency in the Foreseeable Future ⏳

💥As the official announcement approaches, investors are awaiting government confirmation that may reignite the momentum and enhance the chances of reaching new price levels.

🧭 Technical Analysis: Levels to Watch Closely

From a technical standpoint, XRP is facing a pivotal phase:

🎯 The critical support currently stands at $1.21, a level that keeps the upward trend intact as long as it is not broken.

The current consolidation area shows a horizontal formation, likely part of a triangle pattern, indicating an impending decisive movement.

If support at $1.77 is broken, the price may drop to the range of $1.20 – $1.50.

In the bullish scenario:

🎯 Immediate resistance at $2.23, and breaking it opens the door to reach $2.56 – $2.83.

To confirm a strong upward wave, it is necessary to surpass the level of $2.57, with a potential target of $3.40 as a key technical level.

🌀 Overall Assessment:

📝 With anticipation for the U.S. government's disclosure, XRP remains in a critical yet promising position.

🌟 An official confirmation of its status within the digital reserve could serve as a strong bullish catalyst, enhancing demand and restoring confidence in blockchain-based payment assets.