The expectations of the Ribel prizes after the Franclin XRP ETF collided with a disturbing obstacle; What follows?

Ripple-XRP can face a new challenge after postponing the request for request submitted by the Franklin Templeton Foundation (Franklin Templeton) To create its XRP box (XRP ETF), analysts should postpone the approval of its launch until October. The price of XRP is currently $ 2.22 after stabilizing 38% compared to its lowest levels recorded in April approximately $ 1.60, and slightly higher than two average lines of 21 and 50 days (DMA-21 and 50).

The strong resumption of XRP has experienced the wave of heights of the Circasso and the US stock markets of hope that US President Donald Trump can withdraw from his climbing in the adventure of his trade war, which can help avoid the American economy with an imminent crisis, but its indicators suggest that it can be transmitted by a stagnant wave in the absence of optimism.

On the other hand, the xrp price movements can face challenges after it faced a request for the establishment of the Franklin Timbalon Foundation, a disturbing obstacle after the Securities and Exchange Committee (dry) – in its responsibility last Wednesday – Has Taken a Decision on it unlittil 17, and the suspension of the suspension of the Analysts of the Boxes Circulating on the Stock Exchange (ETFS) On the Developments that indicates the possibility of the possibility the postponement of a final decision looking it a until October.

In the result, “the obsession with the creation of XRP ETF” was postponed until the last quarter of this year, which could push the XRP wave increases following the turbulence of macroeconomic factors despite the drop in the momentum of the Trump trade war.

XRP prices expectations and its potential destination

After examining the XRP graphic price scheme, its movements seem to be stuck in the style of the artistic flag that has been formed in recent months and predicting the possibility of continuing the increase, while the basic factors of the currency indicate that an imminent penetration of this style in the upward direction during the increase during may seem impatient, which suggests that the possibility of writing the minimum observation of $ 250. Be easy.

Thus, the possibility of a drop in the price of XRP less than $ 2.0 in the coming months seems to be postponed after the attempt to start the summit – probably – for an hour later this year in conjunction with the expected approval to launch immediate trading boxes for XRP on the stock market at the time.

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The expectations of post-Ribel prices after the XRP box on the collision of the Stock Exchange (XRP ETF) with Francin Timbelt with a disturbing obstacle; What follows? APPLERDIRST on Arab Cryptonews.