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BTCC / BTCC Square / Global Cryptocurrency /
CME Exchange Fuels XRP Rally: $2.74 Target in Sight as Futures Launch Nears

CME Exchange Fuels XRP Rally: $2.74 Target in Sight as Futures Launch Nears

Author:
Global Cryptocurrency
Published:
2025-04-25 10:02:16
20
3
CME exchange News -

XRP holds steady at $2.19 as CME prepares to launch XRP futures on May 19, sparking bullish sentiment among traders. Analysts highlight a potential 25% rally if the token breaches the $2.22 resistance level, with key support anchored at $2.17.

The cryptocurrency briefly touched $2.30 earlier this week before retreating, demonstrating resilience with a bounce from $2.11 amid broader market cooling. Institutional interest grows as XRP maintains position above the 100-day EMA at $2.15—a critical neckline for an inverse head and shoulders pattern.

CME’s futures launch amplifies the bullish case, with technical indicators suggesting a breakout toward $2.74 upon clearing the 200 EMA barrier at $2.22.

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