#XRPETF
If the approval for launching the XRP ETF happens (positive scenario):
Immediate impact:
A sharp and rapid increase in the price of XRP due to a strong influx 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 mood:
It will shift to a fierce buying mood (FOMO), driving prices to unexpected levels quickly.
Liquidity movements:
New funds are entering from investment funds, financial institutions, and even major banks that may start allocating a portion of their portfolios to XRP.
Potential risks:
After a strong rise, we may witness violent profit-taking later (corrections), but the overall trend remains bullish as long as it stays above key breakout levels.