📈 Technical Analysis: XRP Post-Lawsuit Breakout
Support & Resistance: After breaking past key resistance at $0.75 and $1.10, XRP found support at $1.20 and surged past $3.00.
Chart Patterns: Analysts identified a bullish double-bottom and ascending triangle, suggesting momentum toward $4.00–$4.50.
Indicators:
RSI remains elevated (~70+), hinting at strong buyer interest.
MACD crossover supports continuation of bullish trend.
Volume surged post-case—confirming strong accumulation.
🪙 ETF Prospects & Institutional Adoption
With legal clarity, Ripple can now approach U.S. institutions and exchanges for broader XRP integrations.
Spot XRP ETFs may emerge in jurisdictions like Hong Kong or even the U.S. (pending broader crypto ETF approvals).
Major financial players in Japan, UAE, and Europe are exploring cross-border settlements using XRP.