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Is XRP on the brink of ETF approval and a higher price?

XRP price surge in 2024: XRP achieved an impressive 311% price increase in 2024, propelled by a favorable court ruling and Donald Trump’s election win. This surge established XRP as a top contender in market capitalization, raising significant interest among investors.

Potential ETF approval boosts speculation: Market speculation about an imminent XRP-linked ETF approval is growing, amid various applications filed by firms such as Bitwise and WisdomTree. Experts identify regulatory changes under the SEC as a crucial turning point for broader cryptocurrency ETF adoption.

Resistance levels and future projections: XRP must surpass resistance levels at 2.75 USD and 2.90 USD to target a price breakthrough above 3 USD. While a 100 USD valuation seems far off, market dynamics can swiftly change in the evolving crypto landscape.

This is community-generated content, not advice from ONUS.
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