XRP Price Surge Sparks Speculation on ETF Approval and Future Growth Potential
Main Idea
XRP's price surged over 10% following the resolution of the SEC lawsuit against Ripple Labs, sparking speculation about future growth and potential ETF approvals.
Key Points
1. XRP's price increased to $3.33, marking an 8.32% rally in 24 hours and a 40.13% growth over 30 days.
2. Analysts predict that ETF approvals could push XRP's price above $4 in the coming months.
3. The resolution of the SEC lawsuit removes regulatory uncertainty, which is seen as a pivotal moment for XRP.
4. ETF Store President Nate Geraci believes BlackRock may file for an XRP ETF soon, further boosting market expectations.
5. Despite the recent surge, technical indicators suggest caution, with mixed signals about long-term trends.
Description
XRP price surged over 10% after the SEC and Ripple Labs ended their lawsuit, raising hopes for future growth and ETF approvals. XRP’s price increased to $3.33, marking an 8.32%
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