The XRP is ready to breakout from the massive Bullish Pennant pattern through the $2.50 resistance level as Paul Atkins, as the head of the Securities and Exchange Commission (SEC) is anticipated to ease legal pressures on Ripple Labs and potentially lead to the approval of more digital-asset ETFs.
Additionally, the launch of the #WisdomTree Physical XRP ETP (XRPW) in Europe signifies growing institutional interest in XRP.
Trade active
XRP need liquidity to break above $2.50 or we will see $2.05 again...
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.