๐๐๐ ๐๐๐ ๐๐ฅ๐๐๐ฉ๐: ๐๐๐พ ๐๐๐ซ๐๐๐ฌ ๐๐ฃ๐ฉ๐๐ง๐จ ๐๐๐ญ๐ฉ ๐๐๐๐จ๐ โ ๐๐๐๐ฉโ๐จ ๐๐๐ญ๐ฉ ๐๐ค๐ง $๐๐๐ ๐๐ง๐๐๐? ๐
โฌ WisdomTree Spot XRP ETF Under SEC Review
Investor optimism is rising as the SEC begins formal evaluation of the WisdomTree XRP Trust, which would allow spot XRP trading on Cboe BZX Exchange.
๐น Simplifies XRP access โ no wallet or private key management
๐น Signals rising institutional interest in XRP
๐น ETF enters Section 6 review (market manipulation & investor protection)
โฌ Why Odds of Approval Are Higher Now
The SEC previously ruled that XRP is not a security, creating a similar regulatory foundation to BTC and ETH.
โก๏ธ This sets legal precedent and improves approval prospects.
โฌ XRP Price Update: $2.28 and Falling ๐
๐ป Down 55% this week
๐ป Broke below 2-week value area low
๐ป Currently struggling below Point of Control (~$2.35)
โ ๏ธ Underperforming vs BTC โ weakest since early February
โฌ Key Support & Short-Term Outlook ๐
๐ธ Support: $2.25โ$2.28
๐ธ Breakdown risk: Drop to $2.20 if sentiment worsens
๐ธ Recovery potential: Bounce likely if market stabilizes + ETF optimism builds
โก๏ธ Watch for retests of resistance at $2.35
โก๏ธ If reclaim fails, more downside possible
โก๏ธ If ETF momentum increases, rebound to $2.50โ$2.80 zone possible
๐ Bottom Line: XRP is at a technical crossroads โ short-term bearish signals are strong, but the ETF review by the SEC may flip the narrative. If approved, XRP could become the next altcoin to attract serious institutional flow.