XRP has increased its value by 10% from April 22 First, it held steady at $2.28 per XRP. According to analysts, XRP broke out of a falling wedge, predicting a 120% rally to $5. Nonetheless, the strong resistance at $2.40 and $3.00 may hinder uptrend. The seasonal lows created a bearish divergence signaling mixed signals, as the MACD line is bullish but the funding rate at 0.0107% indicates conservative optimism.
ProShares explained there will be not spot XRP ETF catapulting on April 30, which is likely to defer some possible catalysts out there. Although the technicals have upside, what XRP lacks in some of the strongest fundamental catalyst for growth is market tailwinds focused on legal and regulatory changes whereas, Rexas Finance has intrinsic value with tangible use case around asset tokenization.
