$XRP is moving sideways but the real play might be what’s coming next
Bloomberg just raised the odds of $XRP ETF approval to 85% and that’s got traders thinking - is it time to front run Wall Street?
The SEC delayed Franklin Templeton’s spot XRP ETF decision to June 17 with a final deadline in October
That’s months away… but if you believe the approval is inevitable waiting might mean missing the move
Right now:
• $XRP is hovering around resistance after rejecting at $2.30
• RSI is climbing showing strong buying interest
• Price is sitting in the upper Bollinger Band momentum’s still bullish
Analysts like Seyffart and Chad see the writing on the wall
Even Standard Chartered sees $XRP hitting $5.50 by year-end if ETFs go livE
The Teucrium leveraged $XRP ETF already pulled in $55M in its first month
That’s real demand and it could spill over fast once US spot ETFs open the door
This might be one of those “buy the delay, ride the breakout” moments
Still, if you’re thinking like institutions, the window to front run them might be open right now
IM BULLISH ✊🏻🔥
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