Fibonacci retracement levels serve as potential areas from which prices resume the primary trend.

Trading volume for XRP is up by 26% to $5.5 billion in the past 24 hours.

Market watchers believe a clampdown on the U.S. Securities and Exchange Commission could turn out bullish for tokens previously targeted by the agency.

The Securities and Exchanges Commission acknowledged a filing by the New York Stock Exchange and Grayscale for an XRP ETF on Thursday.

Receipts Depositary Corp. already offers bitcoin and ether-backed securities and is now looking to expand its product suite by adding XRP.

Earlier in January, Ripple Labs president Monica Long remarked an XRP ETF could “soon be a reality” under the new Trump administration.

The rapid expansion of the XRP Ledger’s DEX was one of the key reasons that made 2024 “one of the most monumental years for Ripple.”

Ripple’s CEO calls for a U.S. strategic bitcoin reserve that’s includes more than one token.

CME’s denial of XRP futures contradicts the optimism seen earlier this month, as technicals point to weakening of the uptrend.

A screenshot of a beta page for XRP (XRP) and Solana (SOL) futures contracts was posted on X earlier on Wednesday.