🚀 XRP Re-Listing Could Send Prices Soaring to $0.66! 🚀
Ripple's XRP is heating up again! After breaking through key resistance levels, XRP surged beyond $0.59 on Sunday and could see double-digit growth, targeting $0.6602 in the near future.
Robinhood's XRP Comeback
The buzz is building as Robinhood has re-listed XRP on its commission-free exchange. Although trading isn’t live just yet, users can track XRP’s price movement and prepare for when the doors open. XRP’s return to major exchanges, including its July 2023 re-listing, has reignited investor interest.
Institutional Backing
To top it off, Grayscale has launched a single-asset investment fund for XRP, potentially bringing even more institutional capital into the market. More funds, more utility, and more upward pressure on XRP's price.
Price Outlook
According to the XRP/USDT daily chart, after a steady decline from its July 2023 high of $0.9380, XRP could rally by over 11.91%. The altcoin is now eyeing its July 2024 target of $0.6602, with momentum indicators like the MACD flashing bullish signs. If XRP breaks the psychological $0.60 level, we could see even higher gains.
Key Levels to Watch
Resistance: $0.60 and $0.6217 (July 31 low)
Support: Fair Value Gap (FVG) between $0.5745 and $0.5854
XRP holders are eagerly awaiting Robinhood's green light to start trading. With strong momentum building, it’s only a matter of time before XRP makes another significant move!
