🚀 XRP Eyes $3.40 – Breakout or Pullback Ahead?
XRP is making serious moves today, trading around $2.98 with bullish momentum. The weekly rally has pushed XRP up over 21%, grabbing attention as ETF rumors heat up and SEC noise cools down.
📈 Bullish Signs:
– XRP is holding above key support and testing the $3 resistance zone.
– Whales are accumulating, and Grayscale just added XRP to its Digital Large Cap Fund.
– ETF speculation is growing fast, with Polymarket odds showing 88% chance by year-end.
⚖️ Regulatory Edge:
Talks are buzzing that the SEC might withdraw its Ripple appeal, possibly opening the door for a spot XRP ETF. A clear win here could trigger a massive rally toward $3.40 or even $3.55 – the 2018 high.
🔍 Watch Closely:
– Any updates from the SEC on the appeal.
– ETF filings or confirmations.
– XRP holding above $2.90–$3.00 range.
🧠 My take? Momentum is real. But this $3 zone is critical. A clean break = 🚀. A rejection = retest to $2.50.
Are you in or sitting this one out?
