“Momentum Builds as ETF Launch Approaches”
Hey everyone! Just wanted to share a quick breakdown of what’s going on with XRP today — and yes, things are getting really exciting.
📈 Price Action
Current Price: $3.38 (up 11% since last close!)
Day's High/Low: $3.38 / $3.00
Volume: Over $12 billion in trading — that’s a big deal.
🚀 What’s Moving XRP Today?
1. Peter Brandt’s Bold Call
Big-time trader Peter Brandt is eyeing a target of $4.47 for XRP — a 60% pump from here. He says the chart is lining up perfectly for a breakout.
2. All-Time Highs in Sight
XRP is now right near its 2018 high of $3.40. With so much attention on it right now, it could break out fast.
3. ETF Launch Today!
The ProShares Ultra XRP Futures ETF just launched today (July 18). This could bring a ton of new money into XRP and make things even more volatile.
4. Institutions Are Buying
More big players are jumping into XRP as the U.S. gets closer to clear crypto laws. Ripple’s legal wins are helping here too.
5. Whales Accumulating
Whale wallets just picked up 167 million $XRP XRP (worth nearly $500M). That’s usually a sign of confidence and smart money positioning.
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🔍 Technical & Sentiment Check
Support Zones: $2.85–$3.00 (lots of buying here)
Resistance Levels: $3.40–$3.50 → if we break this, $4.00–$4.50 is next
Indicators: Higher lows forming, MACD & ADX looking bullish
Sentiment: Bullish — the greed index is at 72% 👀
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💡 What You Might Consider
If you’re holding mid-term: Buying near $3.00–$3.20 could be smart
If you’re trading short-term: Watch for a clean breakout above $3.40–$3.50
If it drops below $3.00: Could pull back to $2.60–$2.85
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🔎 Key Things to Watch Today
✅ ETF Launch: It’s live — expect price swings
🏛️ Congress Votes: New crypto bills may boost confidence
🐋 Whale Activity: Keep an eye on big wallets for early signs of moves
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📌 Final Thoughts
XRP is heating up. With the ETF launch, strong technical signs, and legal clarity, the pieces are falling into place for a big move. A breakout above $3.50 could push us quickly to $4.00+ — but always stay sharp. Crypto moves fast, and things can change overnight.
> Not financial advice — just sharing what I’m watching. Do your own research and manage your risk!
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