XRP has recorded a 1.15% increase over the past 24 hours, trading at around $2.22 as of April 27, 2025. This minor but important uptick comes as excitement grows over the upcoming launch of the ProShares Trust XRP ETF, set to debut on April 30.
XRP Nears Key Resistance as ETF Optimism Builds
It’s price action shows signs of growing strength. The token is approaching a crucial resistance zone between $2.30 and $2.40 — a region where selling pressure has historically emerged. If bulls can push XRP above this barrier with strong volume, it could open the door to a rally toward the next psychological level at $2.50 and potentially beyond.
Momentum indicators are currently bullish. The Relative Strength Index (RSI) sits near 64, suggesting there’s still room for further upside before entering overbought territory. Meanwhile, the MACD (Moving Average Convergence Divergence) is positive and trending higher, confirming the shift toward bullish momentum.
Volume has also started to pick up slightly, a positive sign that could indicate growing confidence among traders. Analysts caution, however, that failure to clear the $2.30 resistance could lead to a pullback toward $2.10 support.
Overall, XRP’s price structure looks promising ahead of the ETF launch, but market participants should watch for a decisive breakout to confirm the next major move.
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