$XRP is showing strong signs of a bullish reversal, with analysts highlighting a falling wedge pattern on the daily chart an established technical setup that often precedes sharp upward moves. If XRP successfully breaks above the current resistance at $2.42, it could rally to $3.40, signaling a potential 48% price surge. Momentum is clearly building, as reflected by the RSI climbing from 31 to 47, while support remains firm at $2.20. However, for a sustained breakout to occur, $XRP must also overcome the next key resistance levels between $2.60 and $2.80.#Binance
Adding to this bullish sentiment is the SEC’s formal review of WisdomTree’s spot XRP ETF application, which has reignited investor interest. The application has entered a 240-day review period, including a 21-day public comment window. Approval odds have climbed significantly, reaching 84% on Polymarket and 85% according to Bloomberg analysts, especially following recent leadership changes at the SEC.
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