XRP on the Verge of a Breakout

🔘XRP reached $3.03 amid optimism following the SEC’s approval of the ProShares Ultra XRP ETF, sparking a surge of institutional interest. Despite a slight correction to $2.91, the asset is holding key support and maintaining a bullish structure, including a breakout from a W-shaped pattern and a recovery in liquidity.

🔘Technical indicators such as ChandeMO and Parabolic SAR confirm sustained momentum, while a 33% increase in open interest reinforces expectations of a continued rally. A breakout above $3.03 could pave the way toward the $3.20–$3.40 range in the upcoming sessions.