XRP Don Break Resistance, Eye $3.40–$3.60 Before ETF Debut
XRP don break key resistance wey dey come from both descending and ascending triangle formation dem, e don surge from $1.78 reach near $3.00 inside less than 48 hours, and high trading volume plus new wallet inflow dey confirm am. Di technical pattern dey target rally go $3.40–$3.60, and e fit extend go $5 if market condition broad still dey supportive. Fundamental catalysts na ProShares XRP ETF wey debut on July 18, Ripple national trust bank application, plus progress for SEC lawsuit, wey all dey reduce regulatory wahala. Traders dey eye the $3.00 psychological level for FOMO-driven buying, as old resistance don turn support. Short-term pullbacks fit happen, but di mix of technical strength and institutional inflow dey back make XRP get bullish outlook.
Bullish
XRP technical breakout wey pass di descending and ascending triangle resistance, comfirmed by high volume, new wallet inflows and whale accumulation, mean sey get strong short-term momentum. Di upcoming ProShares XRP ETF launch and progress for Ripple SEC lawsuit dey add long-term bullish reasons as e dey attract institutional capital and reduce regulatory risk. Traders likely go push di price pass di $3.00 level because of FOMO, we go reinforce support and extend gains. Even though small pullbacks fit happen, di combination of technical strength and fundamental improvements dey support sustained bullish trend for XRP.