XRPUSD is moving within the 2.3050 - 2.4400 range👀 Possible scenario:
On May 21, XRP price dropped below the \$2.3350 level but has since started recovering and could soon attempt to break above $2.40.
On May 20, the SEC delayed 21Shares’ XRP ETF filing along with at least three other altcoin ETF applications, despite positive regulatory developments. Analysts remain confident the SEC will eventually approve these ETFs, noting that delays are common due to the slow pace of government processes. Despite setbacks, optimism persists as the SEC typically uses its full review period. Bloomberg analyst James Seyffart expects any early approvals by late June or July, but more likely in the fourth quarter when most deadlines occur.
✅Support and Resistance Levels
Now, the support level is located at 2.3050.
Resistance level is now located at 2.4400 .
