Hold onto your digital wallets, folks! The US Securities and Exchange Commission (SEC) just slapped a shiny approval sticker on Bitwise’s new spot crypto ETF featuring none other than our favorite rebel, XRP. 🎉 But just when the crypto community thought they could pop the champagne (or crypto-flavored sparkling water), the SEC pulled a classic “pause for dramatic effect.” Yep, they’re on a quest for more time to ponder and reflect—probably while sipping some overpriced coffee. ☕️
This delay isn’t new; it’s like the SEC’s Netflix series, “Will They, Won’t They” featuring altcoins! Similarly, we had that little rollercoaster with the Grayscale Digital Large Cap ETF. So, while we’re on this emotional investment ride, remember, the final verdict is still TBA—just like the ending of every show you watch with your parents. 😩
Yikes! XRP’s Price Takes a Dive 🏊♂️
Amidst the mixed bag of news, XRP decided to imitate a stone and dropped by 7%. It’s now hanging around $3.26, like that friend who insists they’re totally fine while clearly not being so. 🚫 But don’t worry, it’s showing some signs of stability, like that one awkward uncle who always manages to show up at family gatherings.
If XRP can break above $3.57 with some serious trading volume (let’s get that party going! 🎊), we might just see it glide up to $3.75 and flirt with that coveted $4 mark. But in true drama fashion, if things go south, watch out for a scary trip down to $3.10. 🚨
Who Saw This Price Drop Coming? 🙋♀️
Surprise, surprise! According to the ever-astute Casi Trades, XRP’s nosedive isn’t exactly earth-shattering news. This drop is part of a carefully scripted plot—right on queue! 🎭 Next stop? A predicted dip down to around $3.21, as exciting as watching paint dry, but hey, there’s a method to the madness.
Now, this level is key, like that magic number you need to hit in a Mario game. If XRP can’t hold above $3.40, we might be in for another plunge to $3.20. Fasten your seatbelts, everyone—this is going to be one bumpy ride! 🎢
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2025-07-23 20:12