ProShares XRP Futures ETF Sets the Stage for April 29 Breakout: Price Targets $2.40
- XRP rallies to $2.27 ahead of ProShares ETF launch eyed for April 30 debut.
- MACD bullish crossover, expanding Bollinger Bands hint at XRP upside momentum.
- Traders watch $2.40 and $2.60 breakout zones as ProShares XRP ETF fuels sentiment.
XRP climbed 4.70% over the last 24 hours, hitting $2.27 and briefly touching a daily high of $2.29 earlier today. This price increase comes as traders grow excited about upcoming investment products linked to XRP, especially XRP ETFs.
CoinMarketCap data shows that XRP is navigating a tight corridor between $2.20 and $2.30. The 20-day Exponential Moving Average (EMA) stands at $2.15, acting as an important support level. Should prices dip, this level may be retested, providing bulls a fresh launching pad.
XRP Price Analysis
Bollinger Bands (BB) are moderately expanded, hinting at an ongoing rise in volatility. Importantly, XRP’s price is currently trading near the upper band ($2.28), often signaling short-term overextension.
However, it’s also a common trait during strong bullish trends, suggesting momentum could carry higher if buying pressure sustains.
Further positive signs come from the…
The post ProShares XRP Futures ETF Sets the Stage for April 29 Breakout: Price Targets $2.40 appeared first on Coin Edition.
Read More
ADA Price Prediction: Bulls Eye $0.80 Breakout as ETF Bets Build Up
ProShares XRP Futures ETF Sets the Stage for April 29 Breakout: Price Targets $2.40
- XRP rallies to $2.27 ahead of ProShares ETF launch eyed for April 30 debut.
- MACD bullish crossover, expanding Bollinger Bands hint at XRP upside momentum.
- Traders watch $2.40 and $2.60 breakout zones as ProShares XRP ETF fuels sentiment.
XRP climbed 4.70% over the last 24 hours, hitting $2.27 and briefly touching a daily high of $2.29 earlier today. This price increase comes as traders grow excited about upcoming investment products linked to XRP, especially XRP ETFs.
CoinMarketCap data shows that XRP is navigating a tight corridor between $2.20 and $2.30. The 20-day Exponential Moving Average (EMA) stands at $2.15, acting as an important support level. Should prices dip, this level may be retested, providing bulls a fresh launching pad.
XRP Price Analysis
Bollinger Bands (BB) are moderately expanded, hinting at an ongoing rise in volatility. Importantly, XRP’s price is currently trading near the upper band ($2.28), often signaling short-term overextension.
However, it’s also a common trait during strong bullish trends, suggesting momentum could carry higher if buying pressure sustains.
Further positive signs come from the…
The post ProShares XRP Futures ETF Sets the Stage for April 29 Breakout: Price Targets $2.40 appeared first on Coin Edition.
Read More