🚨 $XRP Breaks $2.42 — Bullish Momentum Builds After SEC Settlement
$XRP just hit a 50-day high of $2.42 after Ripple finalized a $50M settlement with the SEC, ending a five-year legal battle. Analysts are eyeing $3 and beyond as bullish signals flash across the board.
Key Catalysts:
✅ SEC settlement removes major regulatory overhang.
📈 SuperTrend flipped green; MACD shows bullish crossover.
📊 CME launching XRP futures on May 19, signaling growing institutional interest.
🏦 Standard Chartered projects up to 400% gains by 2026, citing ETF optimism.
Price Levels to Watch:
📌 Above $2.41: Bullish breakout confirmed.
⚠️ Below $2.15: Bearish risk zone.
Current Price: $2.38
With the legal cloud lifted and technicals aligning, XRP could be gearing up for its next major move.
What’s your take? Is XRP ready to reclaim its former glory?