π XRP on the Brink: $3 or $2.50 Next?
$XRP sits at $2.82 β‘ Traders are holding their breath as mid-October SEC ETF rulings loom. Volumes are down, open interest is cooling, and the U.S. government shutdown is stalling momentum...
π Key Highlights:
π ETF Catalyst: Decisions expected Oct 18β25 - approvals could trigger billions in inflows
β Technical Balance: Price hovering near $2.82 - $3.09, 200-day MA at $2.64 holding strong
πΉ Momentum Check: RSI neutral at 43, below short-term EMAs β consolidation phase
π― Targets & Risks:
π₯ Upside β $3.10β$3.30 short-term; potential $5 if ETFs approved
β Downside β break $2.70 β slide toward $2.50
π§ Analyst Take:
One SEC move could turn the next few days into a rocket launch or a dip into bargain territory. Popcorn ready πΏ
