$BTC $XRP /USDT Technical & Fundamental Analysis

Technical Overview

๐Ÿ“ˆ $XRP has recently broken above the $2.50 level, signaling growing bullish sentiment, fueled in part by improved geopolitical developments like the U.S.โ€“U.K. trade agreement and potential easing of U.S.โ€“China tensions.

From a chart perspective:

โœ… The pair has invalidated minor resistance zones between $2.2500 โ€“ $2.5000

๐Ÿ”„ Price is retesting the $2.5000 zone along a lower trendline supported by four key touches โ€” showing strong bullish structure.

๐Ÿ” We're monitoring for a liquidity sweep below current levels followed by a breakout above key resistance.

Trade Setup

๐Ÿ“Œ Buy Stop Entry: $2.5390

โŒ Stop-Loss: $2.3340 (below liquidity zone)

๐ŸŽฏ Target: $2.9970 (above minor resistance)

โš ๏ธ Risk Note: A recent CHOCH (Change of Character) break below a major level suggests possible downside if confirmed.

Fundamental Outlook

๐Ÿ’ผ CME Group has announced the launch of cash-settled $XRP futures on May 19, 2025, pending regulatory approval โ€” a strong signal of institutional interest. (Source: Reuters)

๐Ÿช™ The SEC is expected to decide by June 17, 2025, on a spot $XRP ETF filed by Franklin Templeton.

โœ… If approved, this could legitimize XRP in institutional circles and increase market participation.

๐Ÿ“Œ Disclaimer:

This is not financial advice.

Always wait for proper confirmation before executing trades.

Manage your risk wisely and trade what you see, not what you feel.