🚀 XRP 1-Hour Chart Analysis – What Happens If ETF Gets Approved? 🚀
#XRPETFIncoming? XRP is currently trading at $3.0347, down -2.88%, showing short-term bearish momentum. However, the anticipation of an XRP ETF approval could change the game completely!
📊 Technical Overview:
🔹 EMA Levels:
EMA(7) = $3.0741, EMA(25) = $3.0892, EMA(99) = $3.0883
Price is trading below all EMAs, indicating a short-term bearish trend, but a breakout above $3.15 could shift momentum.
🔹 RSI Analysis:
RSI = 21.35 (Oversold Zone) – A strong bounce is possible in the short term.
🔹 MACD Indicator:
Negative MACD values, but the momentum could reverse if ETF news turns bullish.
📈 Possible Scenarios with ETF Approval:
✅ Short-Term Impact:
A break above $3.50 - $4.00 is highly likely.
Institutional FOMO could push XRP toward $5+ in the coming weeks.
🚀 Mid to Long-Term Impact:
ETF approval could act as a catalyst for a new all-time high (ATH).
Major targets: $7 - $10+ based on Bitcoin ETF success.
Increased liquidity and institutional adoption could push XRP into the top 3 crypto assets.
💰 A Game-Changer for XRP? If ETF approval happens, $10+ might not be a dream anymore!
#XRPETFIncoming #CryptoBreakout #BullRun2025