XRP Don Pass $3: Dem Wey Dey Hold Make Dem Ride Dis ETF-Driven Bull Run
XRP don jump pass 33% since July 8, e small time e climb reach $3.04 as traders dey test key resistance at $3. Technical indicators like 0.118 Fibonacci retracement and CoinGlass liquidation heatmaps show say short squeeze fit happen above $3.04. Futures open interest don climb reach $8.11 billion, near January peak, while on-chain data show record 2,743 wallets each holding over 1 million XRP.
Market catalysts dey drive the current bull run. People dey expect say multiple XRP ETFs go get approval, Ripple SEC case fit get good outcome and institutional backing dey grow, all of these support more gains. Experts dey advise holders make dem secure their assets for cold wallets or trusts and dem go fit consider use leverage instead of them sell on the first rally. History show say like Amazon gains wey people miss, e dey risky to exit early.
Structural trends also show long-term growth. Industry forecast say more than ten XRP ETFs go get approval by October 2025, stablecoin market go expand to $3.7 trillion and real-world asset tokenization fit reach $19 trillion by 2030. Potential SEC settlement fit bring legal clarity and boost confidence.
Technical analysts believe say if price fit stay above $3.25, e fit open way go $10 during the next bull cycle. Important support levels wey traders go watch be $2.65 and key exponential moving averages. Traders fit use these breakout and support zones position for more XRP momentum.
Bullish
XRP break out pass di $3 resistance dey signal say technical momentum strong, e get backup from on-chain metrics wey include record whale accumulation and elevated futures open interest wey fit trigger short squeezes if di prices still rise. Fundamental catalysts wey include pending ETF approvals, beta Ripple vs SEC result plus increasing institutional support dey add confidence for di rally. Historical precedents dey warn say no make people take profit quick quick, while structural market growth forecasts for stablecoins plus tokenized assets dey show long-term upside. Technical projections believe say if e close pass $3.25, e go clear road go $10 for di next bull cycle. All these factors join body to show say XRP get bullish outlook, e dey encourage both short-term traders and long-term investors to keep or increase their positions.