XRP priceXRP

🔥 NOW: Nasdaq has officially certified Canary Capital's $XRP ETF listing, $XRPC cleared to launch tomorrow at market open.

Trading attention has shifted toward $XRP and $ASTER lately, both showing increased activity as market sentiment swings back toward altcoins. Short-term traders are watching liquidity zones closely, looking to catch momentum before the next rotation. Meanwhile, there’s growing talk around Bitget’s 0-Fee Stock Phase 1, where users can trade tokenized U.S. stocks without the usual transaction costs. For active traders, it’s less about hype and more about efficiency finding ways to move between crypto and stock markets without losing edge to fees. In a market where every fraction of a percent matters, cutting friction while staying diversified might be one of the smarter plays this season.

XRP continues to trade within a descending channel pattern, finding steady support near the $2.32 zone (0.236 Fib) after multiple retests. The price is currently hovering around $2.42, consolidating below key resistance levels but showing early signs of accumulation as bearish pressure begins to ease. The 20 EMA ($2.42) and 50 EMA ($2.55) are acting as immediate resistances, with stronger hurdles at the 0.382 Fib ($2.57) and 100 EMA ($2.64). A breakout above $2.65–$2.78 (0.5 Fib) could trigger a bullish reversal, targeting $2.99 (0.618 Fib) and $3.28 (0.786 Fib) in the coming sessions. On the downside, $2.32 remains the first line of defense, followed by $2.10 and $1.90, which mark the lower boundary of the channel. Sustained strength above $2.40 would signal that buyers are regaining control after a prolonged downtrend. The RSI (47.0) is slowly climbing from neutral territory, suggesting improving sentiment but not yet confirming strong bullish momentum. 📰 Market Update: ETF Developments Boost Investor Sentiment Recent discussions around potential XRP exchange-traded fund (ETF) products have reignited optimism in the market. Following the approval of Bitcoin and Ethereum ETFs, analysts believe XRP could be a logical next candidate — thanks to Ripple’s growing regulatory clarity in the U.S. and its expanding global use cases. This speculation has helped improve sentiment around XRP, with traders anticipating renewed institutional interest if an ETF proposal materializes. 📊 Summary: Trend: Consolidation within descending channel Support: $2.32 / $2.10 / $1.90 Resistance: $2.57 / $2.78 / $2.99 Outlook: Holding above $2.32 keeps short-term recovery hopes alive; a breakout above $2.65 could confirm a bullish trend reversal. $XRP

$XRP bulls couldn’t crack $2.58 Bears circling the $2.06 support. A close below could mean $1.90 next — but a bounce could target $3.20. Volatility loading... #XRPArmy #XRP