👀 Possible scenario:
On April 29, the SEC delayed decisions on crypto ETFs for XRP and Dogecoin, extending deadlines to mid-June. This adds regulatory uncertainty, despite signals from SEC Chair Paul Atkins of a more crypto-friendly approach. Other ETF proposals, including Solana and Ethereum staking, are still under review, with Nasdaq also filing for a Dogecoin ETF by 21Shares.
XRP/USD dropped from ~$2.32 amid short-term consolidation, likely due to the ETF delay. Selling pressure increased, with short-term volatility expected as markets await clarity. Long-term sentiment remains cautiously optimistic.Influencer DustyBC sparked debate by suggesting holding only XRP could lead to success. Supporters point to Ripple's expanding role in global payments and high price targets, while critics caution against focusing on a single asset due to XRP's large market cap, advocating for diversification as a safer strategy.
✅Support and Resistance Levels
Support level is now located at 2.1480
Now, the resistance level is located at 2.3660.
On April 29, the SEC delayed decisions on crypto ETFs for XRP and Dogecoin, extending deadlines to mid-June. This adds regulatory uncertainty, despite signals from SEC Chair Paul Atkins of a more crypto-friendly approach. Other ETF proposals, including Solana and Ethereum staking, are still under review, with Nasdaq also filing for a Dogecoin ETF by 21Shares.
XRP/USD dropped from ~$2.32 amid short-term consolidation, likely due to the ETF delay. Selling pressure increased, with short-term volatility expected as markets await clarity. Long-term sentiment remains cautiously optimistic.Influencer DustyBC sparked debate by suggesting holding only XRP could lead to success. Supporters point to Ripple's expanding role in global payments and high price targets, while critics caution against focusing on a single asset due to XRP's large market cap, advocating for diversification as a safer strategy.
✅Support and Resistance Levels
Support level is now located at 2.1480
Now, the resistance level is located at 2.3660.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。