Overview
- The token trades around $2.50 after a gain of more than 4% in the past 24 hours, outpacing many large-cap peers.
- Nasdaq has certified Canary Capital’s spot XRP ETF, which is expected to begin trading at the U.S. market open on Thursday.
- More than ten XRP fund proposals appear as active or pre‑launch on the DTCC platform, reinforcing expectations for regulated inflows.
- Chart watchers flag immediate resistance near $2.45 to $2.50 with additional hurdles around $2.58 and $2.70, while support sits near $2.34 to $2.32 and a broader floor around $2.19.
- Short‑term indicators lean bullish with the hourly MACD strengthening and RSI above 50, though price action remains a consolidation within the $2.19 to $2.70 range.