XRP Eyes $2.65 Breakout As Two Canadian ETFs Officially Launch

XRP (CRYPTO: XRP) has been trading sideways for weeks, but that hasn’t discouraged bulls. With the launch of two XRP ETFs in Canada, momentum could be building for a breakout above $2.65, with some traders even eyeing the $5 level.

Cryptocurrency Price    Market Cap 24-Hour Trend 7-Day Trend
XRP (CRYPTO: XRP)  $2.14 $126. billion -3.2%  -7.4% 
Bitcoin (CRYPTO: BTC)  $104,701.16 $2.08 trillion  -0.4% -4.6% 
Ethereum (CRYPTO: ETH)  $2,523.49 $305 billion -1.2%  -9.8% 

Trader Notes: More Crypto Online believes XRP’s consolidation is typical market behavior. He suggests wave 4 may have bottomed in April, and if the current structure confirms, a move above $2.65 could act as a trigger for a run toward $5.

Full story available on Benzinga.com