🔥XRP is on fire again! With the support of the new U.S. bill, the price has soared to $3.62🔥
In the past few days, XRP has practically taken off like a "rocket" as the U.S. House of Representatives passed three major cryptocurrency bills, including the impressively named "Genius Act," aimed at establishing rules for digital assets to avoid chaos. Now, it’s just a matter of President Trump’s signature; once finalized, XRP is instantly favored by the market, with prices breaking through $3.40 and soaring to $3.62, a complete 20% increase! The new high of $3.65 is firmly secured, incredibly stable!
In the coming weeks, XRP is not looking to stop, targeting prices of $3.80, $4.33, and even $4.72. Doesn’t that sound super enticing? Of course, fluctuations are normal, and if there’s a pullback, it may test the support line around $2.90-$3.00. However, as long as this bottom line holds, the upward momentum for XRP is still on track.
Why is XRP so strong? Here’s the secret:
💰 The entire cryptocurrency market has absorbed over $500 billion in the past two weeks, with Bitcoin steadily holding at $123,000, and Ethereum also not to be outdone, reaching $3,400. The overall market is booming.
⚖️ The lawsuit between Ripple and the SEC is also nearing its conclusion, which gives investors more confidence.
📈 XRP's ETF (official investment channel) is likely to be approved by the end of the year, with a success probability exceeding 85%! This is a huge positive development.
🏢 Major institutions are quietly buying in, supported by Ripple's technology continuously being implemented, with strong players backing it.
🤑 Retail investors are also flooding in, a typical bull market chasing the rise, adding fuel to the fire.
In the short term, XRP has already risen to $3.62, and the dream of hitting $5 is getting closer. But don't forget, after such a rise, some may want to take profits, especially around $3.80 where there might be some minor fluctuations. Everyone should stay calm, buy rationally, and not get carried away by FOMO!
In summary, XRP is incredibly hot right now, and those who want to participate should remember to do their homework, stay steady, and watch how this wave of market plays out! 🚀