XRP Dey Eye $13 Rally and 8-Year BTC Breakout Over ETF Hopes
XRP dey near critical technical levels for both USD and BTC charts. For the weekly XRP/USD chart, one seven-year symmetrical triangle plus one bull pennant breakout above $3.60 mean say e fit rally go reach $13 within 42 days if you use the flagpole projection method. At di same time, XRP/BTC dey near one eight-year descending resistance line. If e fit close steady pass dis trendline, e go mean say XRP long-term underperformance against BTC don change.
Fundamental catalysis include rising institutional interest from Grayscale, Bitwise, and 21Shares, increasing use of Ripple’s On-Demand Liquidity (ODL) service, plus 95% chance say SEC go approve spot XRP ETF for 2025. If Ripple SEC lawsuit fit settle, e fit reduce regulatory risk well well and attract new capital. Traders suppose dey watch chart confirmations, ETF developments, and legal updates. The high volatility mean say fine risk management na serious matter.
Bullish
Di join teknikal signals for XRP/USD and XRP/BTC dey show say strong upside potential dey. Di bull pennant breakout for di USD chart wit $13 projection and near breach of eight-year resistance against BTC show say momentum dey grow. Institutional inflows plus high chance of spot ETF approval go boost demand and market confidence. For short term, traders fit make use of di volatility around key breakout levels. For long term, ETF approval and legal clarity go likely drive sustainable growth and broader adoption of XRP.