XRP has been performing well compared to other cryptocurrencies and there is speculation that the approval of a spot XRP exchange-traded fund (ETF) could drive its price even higher. The appointment of a crypto-friendly chair of the Securities and Exchange Commission (SEC) could also be positive for XRP and other altcoins' ETFs. If approved, the US XRP ETFs could attract billions of dollars in investment. Technical indicators suggest that XRP is currently in a bullish trend, although there are some signs of a potential correction.



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