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3 Catalysts Could Send XRP Soaring—Top Exchange Warns $3 Entry Window Closing

  • XRP is currently trading near $2.33 with exchanges signaling urgency to hold below $3 before a potential surge.
  • Three main catalysts impacting XRP's price include speculations of a spot XRP ETF approval, Federal Reserve interest rate decisions, and news from the XRPL APEX developer summit.
  • Institutional demand for XRP is rising, fueled by recent developments such as XRP futures listed on the Chicago Mercantile Exchange and a futures ETF of XRP by Volatility Shares.
  • While there is optimism for XRP's potential growth, risks still exist, especially in the context of macroeconomics and token unlocks. Experts recommend managing exposure through strategies like dollar-cost averaging and proper investment sizing.

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