Oh, look, XRP is having its moment! Trading at $2.25, it’s up a neat 4% in the last 24 hours. Why? Because Ripple just got a shiny new regulatory approval for its Ripple USD (RLUSD) stablecoin from the Dubai Financial Authority (DFSA). Yes, Dubai. It’s official. Dubai Financial Centre (DIFC) is rolling out the welcome mat. Like anyone in crypto actually expected Dubai to say no, right?
And just when you thought XRP couldn’t get any sassier, it’s breaking out of a descending triangle pattern. It’s been like a boring soap opera for a while, but now? It’s flipping the 200-day EMA at $2.07 into support and aiming for a 20% jump to $2.6. Classic XRP move. Get ready, it’s coming.
And for those of you with wallets heavy enough to care, the trading volume is skyrocketing to $2.45 billion. Yes, billion. We’re talking big bucks, people. Investors are clearly biting, and if the rally continues, $2.6 is just the warm-up. Don’t be surprised if it shoots off into outer space after that. The moon, folks. The moon.
But hold up, this is where it gets a little crazy: crypto analysts are basically in love with XRP right now. Javon Marks is boldly predicting that XRP could surge 800% during this bull run, hitting a cool $21. Yeah, $21. Who needs coffee when you’ve got these numbers?
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2025-06-03 22:13