XRP continues to trade around $2.95 despite market volatility. Positive expectations are connected with the potential implementation of an XRP ETF.
XRP and Current Market Conditions
The current price of XRP is approximately $2.95. The token has experienced a surge following the resolution of legal issues with the SEC, creating optimism among investors. However, the market remains volatile.
Probability of Reaching New Price Peaks
According to forecasts, there is a 40% chance that XRP has already hit its peak in this bullish phase. However, a 60% chance indicates the possibility of further growth if the token breaks through the $3.85 level with strong trading volume.
Key Levels and Predictions
Key levels to monitor are support at $3.00 and resistance at $3.85. If the price breaks through $3.85, it is possible that XRP may reach a new all-time high above $4.
Under current conditions, the XRP market remains at a crossroads. The token's future will depend on external factors such as the anticipated ETF approval and overall altcoin trends.
