XRP Gears Up for Breakout as Cup-and-Handle Pattern Meets ETF Speculation XRP is once again in the spotlight as technical setups and regulatory optimism fuel bullish 0 commentator MoonBlitz has highlighted what he calls one of the “cleanest setups in the market right now,” pointing to XRP’s current price action and mounting speculation around a potential U. S.-listed exchange-traded fund (ETF). “XRP at $2.80 is not weakness, it’s accumulation,” MoonBlitz emphasized, framing the cryptocurrency’s recent consolidation as a sign of strength rather than 1 the charts, XRP appears to be carving out a classic cup-and-handle pattern, a bullish formation that often precedes significant upward 2 critical resistance level to watch is $3.55, identified as the breakout “wall” that could unlock further upside momentum.
Therefore, a decisive break above $3.55 would confirm the cup-and-handle pattern and potentially trigger a new phase of price discovery for XRP. Historically, such breakouts have sparked rapid rallies as sidelined buyers re-enter and momentum traders accelerate the 3 fuel to the bullish case is growing chatter around an XRP ETF, with odds being floated as high as 87% by 4 ETF approval would be a landmark for Ripple and the XRP ecosystem, giving institutions regulated, direct access to the 5 could unlock a surge in demand while cementing XRP’s position in the expanding digital finance 6 the time of this writing, XRP was trading at $2.86, according to CoinGecko 7 SEC & CFTC Greenlight Spot Crypto Trading: XRP Positioned for ETF Momentum In a landmark move for the digital asset industry, the 8 and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have jointly approved spot cryptocurrency trading on 9 decision marks a turning point for mainstream adoption, clearing the path for regulated ETFs and solidifying crypto’s place within the financial 10 uncertainty has long hindered institutional adoption of digital assets.
Futures-based products existed, but spot approval was the missing link to align crypto with traditional 11 both agencies now granting approval, exchanges can list spot products under clear rules, curbing manipulation risks and strengthening investor 12 implications for XRP are 13 recognized for its utility in cross-border payments, Ripple’s token is now positioned as a prime candidate for institutional adoption. Therefore, an ETF approval removes a key regulatory hurdle, opening the door for compliance-focused investors to gain direct exposure through regulated products, potentially accelerating demand and solidifying XRP’s market 14 The joint approval from the SEC and CFTC marks a watershed moment for crypto, signaling the transition from speculative markets to regulated financial 15 the pathway to spot ETFs opens, assets with real-world utility like XRP are uniquely positioned to capture institutional and retail demand.
Meanwhile, XRP sits at the crossroads of a powerful technical setup and a potentially game-changing fundamental 16 $3.55 level remains the line in the sand for a breakout, while Ripple ETF speculation adds a layer of excitement rarely seen in altcoin markets.
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