XRP’s technical indicators<\/a> have been particularly favorable recently. The cryptocurrency<\/a> has recently surpassed the $2.6<\/strong> resistance level, which had been holding it back for several months. Despite an initial unsuccessful test of the $3 mark<\/strong>, XRP now seems well-positioned for an upward trend, supported by high transaction volume. Indeed, XRP is currently trading at $2.96<\/strong> and is at the doorstep of this crucial resistance level.<\/p>\n\n\n\n Investors can thus expect any potential pullbacks to be limited, while advances beyond the $3 mark could be rapid<\/strong>. A successful breakthrough of this psychological threshold would then pave the way for a potential rebound toward previous all-time highs.<\/p>\n\n\n\n On the support side, the $2.60-$2.66 zone<\/strong>, corresponding to a “Fair Gap Value,” could represent an interesting accumulation area<\/strong> in case of a correction. Investors would then have the opportunity to position themselves at attractive levels.<\/p>\n\n\n\n The 3-day RSI is not yet in the overbought zone, suggesting additional upside potential. Moreover, the Volume Profile indicates a clear path toward its ATH. In summary, only the psychological resistance at $3 remains the sole barrier<\/strong> before price discovery.<\/p>\n\n\n\n The SEC’s approval of the listing of the ProShares Ultra XRP ETF<\/strong> has also contributed to strengthening the bullish sentiment around XRP. This decision has indeed reinforced investor confidence<\/strong> in the potential of this cryptocurrency.<\/p>\n\n\n\n![\"XRP](\"https:\/\/preprod.investx.fr\/en\/wp-content\/uploads\/sites\/5\/2025\/07\/image-134.jpeg\")
<\/figure>\n\n\n\nImpact of Regulatory Decisions<\/h2>\n\n\n\n