Yes, there's a strong chance that XRP's price could continue to increase by July 18, based on current momentum and several key catalysts converging:
🔥 1. ETF Launch Momentum (Most Immediate Driver)
What’s Happening: XRP futures ETFs from ProShares (Ultra, UltraShort, Core XRP) officially start trading on July 18.
Why It Matters: ETF launches often boost demand, especially from institutions and short-term traders looking to capitalize on volatility.
Impact: Could spark a price spike or at least keep XRP above $3.00–$3.20 with upside to $3.40+.
📈 2. Strong Technical Setup
Current Support: $3.10–$3.20 zone holding firm.
Resistance Ahead: All-time high around $3.40 (2018).
Indicators: RSI and MACD show strong upward momentum. Volume remains high, and open interest in futures is near record highs (~$10B).
Forecast from Analysts: Many short-term traders are aiming for $3.60 next if volume sustains and there’s a breakout after the ETF goes live.
