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#XrpEtfGoesLive
🚀 XRP Eyes the $3 Breakout 🚀
Ripple’s expansion of institutional RLUSD adoption is fueling strong momentum for XRP:
📈 XRP rebounded from its 100-day EMA at $2.83, lifting it above $2.88 and setting the stage for a push past $3.00.
🤝 Ripple has partnered with Securitize, enabling BUIDL holders (BlackRock) and VBILL holders (VanEck) to seamlessly exchange shares for RLUSD stablecoin.
🔗 This collaboration deepens Securitize integration with the XRP Ledger, enhancing DeFi flexibility, yield strategies, and ecosystem utility.
Market Watch:
BTC is holding above $113K, strengthening the broader bullish wave.
XRP’s short-term resistance sits at $2.94 (50-day EMA), with a breakout target of $3.38 if momentum sustains.
⚠️ Retail OI has cooled from $8.79B → $7.5B, reflecting cautious sentiment.
Technical Outlook:
RSI at 44 signals room for upside.
A close above the downtrend line since July’s $3.66 ATH could trigger a sharp recovery.
But beware: MACD still flashes a sell signal, hinting at possible dips to $2.59 (200-day EMA) if support breaks.
👉 XRP stands at a decisive level. A clean break over $3.00 may reignite bullish momentum, while weak demand risks pulling it back.
#Crypto Ripple #XRP DeFi