#XRPETFs

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Summary #XRP and ETFs - 28/04/2025

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Current Price: ~$2.27 USD

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ETF News: U.S.: ProShares launches XRP futures ETFs (Ultra, Short, Ultra Short) on 30/04. Brazil: Hashdex debuts XRP spot ETF (XRPH11) on B3, with $950M in AUM. U.S. Spot: Spot ETF applications under review; 76% probability of approval by the end of 2025 (Polymarket).

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Technical Analysis: XRP rose 7%, broke descending wedge. Supports: $2.10, $2.00. Resistances: $2.36, $2.50. Indicators: RSI with bearish divergence; high volume ($37.7M in ETPs). Scenarios: Bullish ($2.50-$3) if it breaks $2.36; bearish ($2.00-$1.61) if it fails.

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Outlook: ETFs drive adoption, but resistance at $2.36 is key. Monitor volume and SEC news.

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Is XRP going to $3 or correction? Share your opinion!

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#Cryptocurrencies #XRP #ETF