ProShares XRP Futures ETF Sets the Stage for April 29 Breakout: Price Targets $2.40

XRP rallies to $2.27 ahead of ProShares ETF launch eyed for April 30 debut. MACD bullish crossover, expanding Bollinger Bands hint at XRP upside momentum. Traders watch $2.40 and $2.60 breakout zones as ProShares XRP ETF fuels sentiment. XRP climbed 4.70% over the last 24 hours, hitting $2.27 and briefly touching a daily high of $2.29 earlier today. This price increase comes as traders grow excited about upcoming investment products linked to XRP, especially XRP ETFs. CoinMarketCap data shows that XRP is navigating a tight corridor between $2.20 and $2.30. The 20-day Exponential Moving Average (EMA) stands at $2.15, acting as an important support level. Should prices dip, this level may be retested, providing bulls a fresh launching pad. XRP Price Analysis Bollinger Bands (BB) are moderately expanded, hinting at an ongoing rise in volatility. Importantly, XRP’s price is currently trading near the upper band ($2.28), often signaling short-term overextension. However, it’s also a common trait during strong bullish trends, suggesting momentum could carry higher if buying pressure sustains. Source: TradingView Further positive signs come from the… The post ProShares XRP Futures ETF Sets the Stage for April 29 Breakout: Price Targets $2.40 appeared first on Coin Edition .

Source: Coin Edition