🎯🎯🎯 XRP is preparing to be one of the first in the crypto scenario.$XRP
The main price catalysts for XRP include the approval of XRP ETFs in the US, a possible end to the Ripple case with the SEC, and the growth potential of the XRP Ledger as a Layer 1 platform, with the adoption of RLUSD. Technical analysis also suggests that a Golden Cross on the weekly chart could be a catalyst.
Short and medium-term catalysts:
XRP ETFs:
The approval of XRP ETFs in the US could attract a significant flow of investments, boosting the price.
End of the SEC case:
The resolution of the SEC case against Ripple could remove a regulatory burden that has affected the price of XRP.
Golden Cross:
The formation of a Golden Cross on the weekly chart of XRP, where the 23-day moving average crosses above the 200-day average, is historically a bullish signal, according to Investing.com.
Long-term catalysts:
XRP Ledger as Layer 1: The possibility of the XRP Ledger evolving as a Layer 1 platform, similar to Solana, and the adoption of RLUSD could increase the utility of XRP and drive its price.
Just waiting to pass $3 dollars ....