Why Is XRP Surging? Here’s What’s Fueling the Rally

After a period of uncertainty, XRP has made a strong comeback, reclaiming the $2.70 level and reigniting bullish sentiment across the market. With the SEC’s pending decision on an XRP ETF, speculation is growing that this could be the catalyst for a major price breakout.

XRP has gained 6.84% in the past 24 hours, trading with a volume of $5.33 billion. Over the past week, it’s up 9.59%, and its YTD performance stands at +29.95%, signaling strong long-term momentum.

What’s Driving the XRP Rally?
📌 SEC ETF Decision – Growing optimism that approval could push XRP to new highs.
📊 RSI Remains Above Neutral – Increased buying pressure signals market confidence.
📈 SMA Support Holding Strong – The trend remains bullish, supporting further upside.

What’s Next for XRP?
If the rally holds, XRP could test $3.00 next, with a successful breakout targeting $3.50. However, if momentum fades, key support levels lie at $2.50 and $2.00.

With XRP holding a top 3 spot in the crypto rankings, its next move could set the tone for the broader market. Will ETF speculation fuel a breakout, or will resistance hold?