Can XRP Break $2.30 Resistance? Key Drivers for Apr 26 Price Action
The post Can XRP Break $2.30 Resistance? Key Drivers for Apr 26 Price Action appeared on BitcoinEthereumNews.com.
CME Group will launch XRP futures on May 19, expanding institutional access to the XRP token. The Federal Reserve’s relaxed crypto policy paves the way for broader RLUSD adoption. Technical indicators show bullish momentum, with short-term targets near $2.50 and $3. In a major institutional win, CME Group, the world’s leading derivatives marketplace, has announced the launch of XRP futures on May 19, pending regulatory clearance. The launch will offer traders two cash-settled contract sizes: a micro contract (2,500 XRP) and a standard contract (50,000 XRP), both priced using the CME CF XRP-Dollar reference rate. This comes as CME expands its crypto derivatives suite, which already includes Bitcoin, Ether, and more recently, Solana futures. Giovanni Vicioso, CME’s Global Head of Cryptocurrency Products, stated: “Interest in XRP has steadily increased as institutional and retail adoption for the network grows… We are pleased to launch these new futures contracts to support clients’ investment and hedging strategies.” Regulatory Tailwinds & RLUSD Growth Charts XRP’s … The post Can XRP Break $2.30 Resistance? Key Drivers for Apr 26 Price Action appeared first on Coin Edition. Source: https://coinedition.com/can-xrp-break-2-30-resistance-key-drivers-for-apr-26-price-action/
Filed under: News - @ April 25, 2025 10:28 am