Main Content

Xrp stock price is experiencing light profit-taking

Model: NS-40F401NA26
SKU: 6614066
$298.00
Comp. Value: $230.000
or
4 payments starting at$23.75
with
Sold By Best Buy

More Buying Options

XRP stock price is experiencing light profit-taking near $0.60, but macro crypto sector growth supports a long-term bullish outlook. A clean break above $0.61 could open doors to $0.67 targets. Currently, there are six different spot XRP ETF applications that could receive approval in October. First up is a spot XRP ETF from Grayscale, scheduled for a decision on Oct. 18. That's followed by a series of decisions scheduled for 21Shares, Bitwise, Canary, CoinShares, and WisdomTree (NYSE: WT) . At the time of writing, XRP trades at $2.84, just under the $2.85 resistance. A flip of this barrier into support would likely signal the beginning of a reversal, strengthening bullish sentiment. Traders are closely watching this zone for confirmation. Technical charts show XRP stock price maintaining higher lows, indicating strong demand zones near $0.