Short, Newswire Style (Reuters/Bloomberg-like)
XRP Eyes $2.40 After Surging Through Key Resistance Levels
XRP climbed 3.6% in the past day to trade near $2.25, after peaking at $2.33, as traders pushed the token through resistance at $2.21 and established support around $2.29.
The move comes amid global market uncertainty, including ongoing U.S.-China trade tensions and diverging central bank policies, which have driven some investors into digital assets.
Speculation over a possible XRP spot ETF and large block trades on major exchanges are fueling bets that institutions are positioning for regulatory clarity.
XRP traded in a 7.5% range between $2.177 and $2.338, with major buying around midday. Technical indicators suggest a potential target at $2.40 if support holds above $2.246.
