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$USDC 3/3 If the pattern holds, XRP could rebound at least to the middle band, which is 8.13% higher, or even to the upper band, representing a potential 17% rise. However, despite this setup favoring an upward move, XRP’s current position on the chart indicates notable weakness against Bitcoin. While the chances of further downside are decreasing, XRP remains in a vulnerable state compared to the leading cryptocurrency.

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#CircleIPO 2/3 Meanwhile, XRP may be on the verge of a significant move against Bitcoin, as suggested by Bollinger Bands analysis. The altcoin has been declining for the past 13 days, losing over 18%, and now appears to have found support at the lower band of the indicator’s price corridor. The Bollinger Bands, a widely used tool in technical analysis, consist of a 20-day moving average and two standard deviations, helping traders identify trends and potential price reversals.

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#BSCMemeCoins Grayscale Files For Digital Large Cap Fund ETF with SEC, XRP Included Read more 👇🏼👇🏼 1/3 Grayscale has submitted a filing to the U.S. SEC to convert its Digital Large Crypto Fund into an ETF, which will include XRP alongside Bitcoin, Ethereum, Solana, and Cardano’s ADA. This move follows the company’s successful conversion of its Bitcoin and Ethereum Trusts into spot ETFs in early 2024. The fund’s composition shows Bitcoin holding the largest share at 79.4%, followed by Ethereum (10.69%), XRP (5.85%), Solana (2.92%), and ADA (1.14%).

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#AmericanBitcoinLaunch Analyst Sees XRP Breakout Above Range Highs at $3.4 but on One Condition 👇🏼👇🏼 1/3 Recently, XRP has experienced a price decline, dropping from $2.20 to just above $2.05 within a few hours, marking a 4.8% decrease in the last 24 hours. However, on a yearly basis, XRP has shown substantial growth of 230.8%. In the past hour, the market has shown signs of short-term recovery, with a 1.6% gain, suggesting a possible rebound in the near future.

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$BTC 3/3 Other bullish factors for XRP’s price include increasing institutional interest and speculation about the approval of XRP-based ETFs. Major asset managers, such as Franklin Templeton, have submitted applications to launch XRP ETFs in the U.S. The Securities and Exchange Commission (SEC) has extended the review period for several XRP ETF proposals until May 2025, signaling growing institutional interest in the token. The approval of such ETFs could attract substantial institutional investment, further strengthening XRP’s market performance.

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