The wave value earns an additional 9% within two weeks and up to $ 2.19. Is the XRP price prepared for a good start with the clarity of the organizational scene?

The price of the undulation -XRP has increased by 9% in the past two weeks to settle yesterday, Saturday, around $ 2.19 due to the growing institutional interest, and perhaps the most important incentive to grow is the upcoming launch of the Futures XRP on the CME (XRP CME Futurs Currents XRP in cash according to the XRP / USD XRP / USD. called reference rate CF CF XRP-Dollar.

According to Giovanni Vicioso, head of the World Crypto -Monitory Department of the CME group – the growing demand for institutional actors on XRP to encourage the CME group’s scholarship to launch these contracts. In turn, the CEO of Ripple Labs welcomed the Brad Garlinghouse (Bradinghouse) with this evolution as an “important step” in the manner of adopting XRP, in the midst of analysts weighting the possibility of the contribution of the launch of these contracts by providing a new liquidity of the currency and giving it more stability, which can allow the alternative promising to catch an organizational supervision.

The most important points:

• XRP CME Futerres will be launched on May 19.
• There are two sizes for these contracts, which are 2,500 and 50,000 XRP.
• Analysts see the possibility that the XRP price begins at $ 6.50 if the positive momentum continues.

The XRP Fund on the Brazil Stock Exchange contributes to the increase in exposure to investments in the currency

In another development calling for optimism, the Brazilian B3 exchange launched the first XRP boxes circulating on the exchange of the country (XRP ETF) under the name of XRPH11, and it allocated 95% of its assets – which Hashdex – directly or indirect (Nasdaq XRP Reference Index).

Despite requests for the creation of FNB XRP on American scholarships, organizational obstacles, the launch of its Brazilian counterpart is a significant development because it allows investors outside the United States to reach the XRP currency subject to organizational control, to strengthen global Ripple efforts.

The most important points:

• Brazil launches the XRPH11 box which follows the NASDAQ XRP index.
• 95% of the fund’s assets are allocated to the XRP part.
• The release of the fund helps strengthen the institutional adoption of money outside the United States.

XRP price movements suggest that it can be hacked

Technically, the price of the XRP / USD pair remained stable in a range between $ 2.19 and $ 2.21, continuing its path above its upward trend since the middle of April; This coincided with the stability of an average SIA intermediate index of 50 days (EMA 50) at $ 2.18

While the price faces a resistance to a barrier of $ 2.30, which has a long time as a strong resistance zone, if the price succeeds in strongly penetrating this barrier, it can continue the march of its heights targeting $ 2.36 and $ 2.42 in the predictable season; Consequently, the MacD index with the stability of the possibility of a slight drop in price can occur which can allow the field of additional drops.

Suggested trading strategy:

• Buy immediately: If he succeeds in hacking a barrier of $ 2.30.
• Targeted levels: $ 2.36 and $ 2.42 successively.
• Loss of stop: Break the level of $ 2.17.

The newlyweds in the sector can easily understand this strategy, according to which it is advisable to avoid purchasing as long as the price remains in the aforementioned scope and the continuation of follow -up to seize the opportunity of a high penetration of a barrier of $ 2.30 or its renovation from its growing management line.

Final summary:

Due to the 9% increase in the price of XRP within two weeks and obtaining increasing institutional support and the increase in the clarity of organizational executives, the price of XRP seems to be ready to be launched, it is therefore recommended to monitor the barrier of $ 2.30 carefully and if the price succeeds in hacking it, it can continue to carefully increase targeting.

The result of the Solaxy subscription is the first second layer solution (L2S) on Solana, exceeding $ 31.9 million, as an important monument approaches

Although the exclusivity of Bitcoin in the majority of the attention of investment institutions, the momentum of the Solana technical system has increased calmly, and the new Solaxy network (Solx) is the leadership of this movement in the efforts of its developers to solve the problem of solara congestion with transactions by treating it outside the Bluchen before adding it to the main congestion of Balcacin; The Solaxy protocol also allows the possibility of binding with the Ethereum block, allowing the possibility of transferring assets between several blockchain systems, which will help reduce transfer costs and increase efficiency.

The new Solaxy Second (L2) layer is able to collect and treat transactions packs before adding them to the main blockchain. A strong technical structure for decentralized applications (DAPS) compatible with several blockchain networks.

Subscription decisions

The Solx subscription managed to collect more than $ 31.9 million, approaching its current stage of $ 32.59 million. As the increase in upcoming prices is approaching, Solx is currently sold for $ 0.001706 against $ 0.0016 during the previous price phase.

The intelligent project of the project currency was successfully verified by the Coinsult team; Given the acquisition of the Solaxy subscription, it has become an increasing dynamic, it has become one of the most deserved in observation in the Solana technical system, knowing that the Coinsult team has verified the intelligent contract for the currency of the project which has more than 60,000 subscribers on X and 11,500 subscribers to Telegram.

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The post-Ribel value acquires an additional 9% within two weeks and reached $ 2.19. Is the XRP price prepared for a strong launch with the clarity of the organizational scene? APPLERDIRST on Arab Cryptonews.