Why Is XRP Going Up Today?

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XRP ETFs launch at the end of April, whale accumulation, and a technical price breakout are making a strong case for a 55% rally next.

XRP futures ETF approval fuels bullish momentum ahead of April 30 potential launch.

Whales are stacking XRP despite recent sharp corrections.

A technical breakout hints at a potential 55% rally toward $3.63.

XRP rose by nearly 5% to hit an intraday high of $2.36 on April 28, extending a three-week rebound that has lifted its price by over 46%.

ProShares’ XRP futures ETF buzz boosts price
XRP’s price rise today follows a fundamental boost from the potential launch of three XRP-based futures exchange-traded funds (ETFs) by ProShares.

The ETFs—ProShares XRP Strategy ETF, ProShares Short XRP Strategy ETF, and ProShares XRP Blend Strategy ETF—will likely go live on April 30, offering investors indirect exposure to XRP market.


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