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The current price of XRP:

Price: around 2.28 dollars

Market cap: 133 billion dollars

Daily trading volume: $2.82 billion

Top News:

The U.S. Securities and Exchange Commission (SEC) has approved the launch of 3 futures index funds (ETFs) from ProShares, including:

1. Ultra XRP ETF

2. Short XRP ETF

3. Ultra Short XRP ETF

Expected launch date: May 14, 2025

Technical Analysis:

Ripple shows a technical pattern called "falling wedge", which is usually a positive signal for upward movement.

If the resistance level at $2.40 is exceeded, the price may reach $3.20 or even $4.00.

Future Predictions:

If the (Spot ETF) futures index fund is approved later, the price may rise to $3.40.

If approval is not granted, it may drop to $1.61.

Experts' Opinion:

Some analysts believe that simply holding XRP may be enough to achieve strong profits in the future, given the legal and regulatory developments.

Upcoming Important Dates:

May 14, 2025: Launch of ProShares index funds

May 22, 2025: Important decision regarding Grayscale's spot ETF
GT-0.39%
BTC-1.75%
XRP-4.25%
ETH-2.12%
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HamzaFarhatvip
· 04-30 00:41
Bull Run 🐂
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HamzaFarhatvip
· 04-30 00:41
HODL Tight 💪
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