Paul Bennett

💥 XRP on the Verge: Bullish Reversal Incoming? 🤔

After a rough summer and a $605M liquidation shake-up, $XRP looks set to flip bearish pressure into bullish momentum 🦦

📉 Price Action:

• Currently at $2.86, hovering just below key breakout level of $3.

• $2.90 is short-term support; breakout above $3 could spark a rally to $3.93-$4.

📊 Technical Signals:

• Descending triangle forming since July.

• MACD & RSI neutral → consolidation likely before momentum shifts.

🏦 ETF Catalyst:

• Spot XRP ETFs filing heat up: Grayscale, 21Shares, GraniteShares (3x).

• Institutional demand could ignite once U.S. government shutdown ends.

💡 My Expert Take: Bulls regain control above $2.90. Watch $3 as the line in the sand. Volatility = opportunity ⚡XRP could finally turn the tide if momentum and ETFs align.

#XRPEFT #BTC #BlackRock

WhiteBIT Chart (5D): $XRP | $USDT