#XRPETFs has traded above its 200-day Exponential Moving Average on a $2 support line. Additionally, XRP rallied over 8% and closed above the daily resistance at $2.23 . On Monday, the currency is hovering around $2.24.

Should Ripple continue with the uptrend, the bullish trend will be extended to retest the March 24 high of $2.50 before moving up to $3.00.

The RSI indicates bullish momentum above the neutrality mark of 50.

Asset manager Hashdex revealed that they would launch