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Ripple Price Forecast: How the SEC could fast-track approval of XRP ETFs

From fxstreet.com

Ripple (XRP) maintains above a critical support level on Tuesday, buoyed by subtle tailwinds in the broader cryptocurrency market. A breakout above the $3.00 psychological level, followed by a rise to its record high of $3.66, is on the cards, backed by optimism for the approval of Exchange Traded Funds (ETFs) in the fourth quarter. Cboe’s BZX exchange, NASDAQ, and NYSE Arca filed 19b-4 forms with the United States (US) Securities and Exchange Commission (SEC), proposing amendments to the current crypto ETFs listing standards. The filings on July 30 came amid an influx of capital into existing Bitcoin (BTC) and ... (full story)

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  • Category: Technical Analysis