The post XRP Price Nears Key Monthly Close Amid Upcoming ETF Launch appeared on BitcoinEthereumNews.com.

TLDR: XRP trades at $2.20 as traders monitor major technical markers that may guide its next market direction. Analysts note a close above $2.60 boosts structure, while $3.40 marks a major trend shift in XRP’s setup. A close below the 21-month EMA risks weakening long-term structure, keeping XRP in a narrow decision zone. The new XRP ETF launches as institutional inflows rise, adding attention during a critical monthly phase. XRP is showing a narrow 24-hour decline while holding a strong gain over the past week.  The market now approaches a crucial monthly close that could define the next major direction for the asset. Traders are closely watching key technical levels that may determine whether the current structure strengthens or weakens. With liquidity rising and new institutional interest emerging, XRP enters a period marked by both opportunity and risk. Critical Levels Shape XRP’s Macro Setup XRP’s current structure sits on a major technical threshold as analysts observe monthly price behavior. Market Analyst EGRAG Crypto described the chart as straightforward, with specific levels acting as decisive markers for broader trend direction.  According to his post, a close above $2.60 places the asset above the Fib 0.5, suggesting that broader strength may begin forming, even though the macro outlook would not yet be settled. #XRP – Simple Chart. Simple Rules. • Close above $2.60 → Above Fib 0.5 = Bullish, but still not fully out of the woods. • Close above $3.40 → Above Fib 0.888 = Super Bullish — and yes, we are so back. And on the flip side… • Close below the 21 EMA → We are f*cked, no… pic.twitter.com/oQwzQCdSfw — EGRAG CRYPTO (@egragcrypto) November 29, 2025 He further noted that the level at $3.40 remains the key line that shifts the entire trend. A monthly close above the Fib…

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Filed under: News - @ November 29, 2025 4:13 pm