🚨 $XRP ETF Approved, Price STUCK at $2! 🧐
The 21Shares XRP Spot ETF has been approved for listing on Cboe BZX—a massive institutional win! 🎉
However, $XRP price action is flatlining! Despite the imminent ETF launch, the token is trapped in a narrow range between $2.00 and $2.20.
Quick Facts:
Approval Secured: First physically-backed XRP spot ETF in the U.S. is ready to launch.
Price Resistance: $2.20 is acting as a major ceiling, frustrating bulls.
The Conflict: Institutional capital is entering, but immediate retail selling/profit-taking is keeping the price locked in the range.
Is this the "Buy the Rumor, Sell the News" effect? We need a sustained inflow to break that $2.20 resistance!
What's your price target once the ETF goes live? 👇
XRP
1.7795
-3.92%