🔵Following Nasdaq’s approval of the first U.S. spot XRP ETF from Canary Capital, trading under the ticker XRPC, the token gained solid momentum, breaking above the $2.45 resistance and reaching $2.48. Trading volume surged by 31%, reflecting strong institutional accumulation ahead of the product’s debut.
🔵The technical setup remains bullish: XRP continues to trade within an ascending channel, with key support near $2.40 and upside targets between $2.59 and $2.70. The official launch of XRPC, expected this Thursday, could act as a major catalyst for additional capital inflows and trigger a revaluation phase for the asset.