Key facts: Analysts noted that the approval of spot XRP ETFs in the US, with multiple Ripple filings pending, could drive a notable price surge for XRP.
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- Analysts noted that the approval of spot XRP ETFs in the US, with multiple Ripple filings pending, could drive a notable price surge for XRP.1
- XRP faces resistance at $2.90 and $3.10, with traders monitoring for a breakout. Failing to reclaim the $2.83-$2.90 range may lead to more downward pressure.2
- A recent SEC ETF filing shows that a few large holders control much of XRP's supply, raising concerns about possible whale manipulation and its impact on price stability.3