Ripple (XRP) surged 3% on Sunday, trailing Dogecoin (DOGE) as the second-best performer. Speculation around pending Cryptocurrency ETF reviews drove the uptick, with XRP futures trading volume up 17%. If speculative demand remains strong, XRP could outperform spot market headwinds leading up to key ETF deadlines.
XRP’s technical outlook shows consolidation near $2.88 post-rally. Bollinger Bands narrowing suggest volatility compression before a breakout, with a bullish scenario targeting $3.20 and $3.45 if ETF speculation intensifies. However, weakening spot trading activity poses a bearish risk, potentially dragging XRP towards $2.70 support.
Ripple’s rally coincides with interest in new token launches, notably SUBBD ($SUBBD), an AI-powered platform for content creators. SUBBD’s presale, priced at $0.05625, has raised $1.05 million of its $1.26 million target. Investors can still secure discounted tiers through the official website before the presale cap is reached.
Read more at Yahoo Finance: Ripple (XRP) Price Moves Toward $3 as Community Speculates Oct 18 ETF Approvals
