#XRPETF #XRPETF
If the XRP ETF launch is approved (positive scenario):
Immediate impact:
A sharp and rapid increase in the price of XRP due to strong inflows of new liquidity, especially from major institutional investors.
Potential target levels:
We may witness quick jumps towards $2.70$ then $3.00, and with continued momentum, we might see attempts to test higher historical areas like $3.50$ and $4.00$ within a few weeks.
Market sentiment:
It will shift to a fierce buying mood (FOMO), driving prices to unexpected levels quickly.
Liquidity movements:
New money coming in from investment funds, financial institutions, and even major banks may start allocating part of their portfolios to XRP.
Potential risks:
After a strong rise, we might witness violent profit-taking later (corrections), but the overall trend remains upward as long as it stays above key breakout levels.