XRP Rally Incoming as ETF Nears
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XRP traders say it has the potential to rebound to $3.40 as the SEC begins a formal review of WisdomTree’s spot XRP ETF application.
XRP’s falling wedge pattern signals a bullish reversal; 48% price surge potential.
SEC’s review of WisdomTree’s XRP ETF may spark investor interest as approval odds jump to 84% on Polymarket.
XRP price is forming a falling wedge pattern on the daily chart, a technical chart formation associated with strong bullish momentum following an upward breakout. Could this technical setup, coupled with the SEC’s review of a spot XRP ETF application by WisdomTree, signal the start of a rally to $3.40 and higher?
XRP falling wedge pattern targets $3.40
From a technical perspective, XRP price could gain significant momentum if it breaks out of this falling wedge pattern.
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