XRP is exploding! ETF approved
The SEC — the organization that most often says 'no' to all the fun ideas — has suddenly APPROVED the ETF for XRP from ProShares Trust!
And guess what? XRP instantly turned into the new hot cake. The price soared above 2.2 USDT and confidently settled around 2.237. A real crypto renaissance, just without the musketeers, but with millions of traders on Binance.
Now — market analysis for adults:
1. Trading volumes have exploded:
The volume of XRP on the largest exchanges has increased nearly 3 times. This is a classic sign of not only FOMO (fear of missing out on profits) but also real demand from institutions that are starting to accumulate positions in advance.
2. Technical analysis on the charts:
• XRP confidently broke through resistance around 2.1 USDT, where limit orders had been placed for almost two years.
• The next important zone is around 2.5–2.6 USDT — this is where the bear market began in 2018.
• RSI (Relative Strength Index) is above 80, which usually signals overbought conditions… but against the backdrop of the ETF news, this is more likely to indicate a warming up of the engine rather than a stop.
