XRP Price Predicted to Breakout from Triangle Pattern as $3 Resistance Strengthens

86 support.

Analysts are closely monitoring macro events such as the upcoming U.S. inflation report, hints of a December rate hike, and evolving geopolitical tensions. Any unexpected moves could tilt sentiment in either direction.
As for ETF chatter, growing speculation around crypto and Bitcoin ETFs is influencing XRP’s price action. A single SEC nod could trigger FOMO buying, absorbing retests of $3 resistance and enabling a quick push to new highs.
While the ETF domino has not fallen, Bitcoin Hyper is stepping into the spotlight. The project uses Bitcoin Lightning Network’s Layer 2 scaling to offer instantaneous transactions and fee-less swaps. Eager early adopters see virtues reminiscent of Lightning Network in early 2021 – a comparison that’s fueling buying interest.
Wrap Up
XRP price prediction enthusiasts are on edge as Ripple’s token charts a critical triangle with $3 resistance in sight. Institutional activity, pending ETF rulings, and macro trends are poised to tip the scales.
Speculation surrounding ETF approvals and Bitcoin Hyper’s rise are keeping traders on their toes, evaluating XRP’s short-term potential and long-term momentum. Nonetheless, market data suggests that XRP’s breakout wave will soon take center stage, defining the token’s trajectory for the coming weeks and months.