XRP's price remains steady at $3, driven by a rare golden cross as well as speculations about Rabby Wallet integration and decreased concerns over Consumer Price Index fluctuations.
Golden Cross Formation
The recent formation of the golden cross has led to increased trading activity for XRP and heightened institutional interest. This technical event underpins the cryptocurrency's resilience, potentially favoring its future.
Speculation Around Rabby Wallet
The potential integration of XRP with Rabby Wallet is sparking mixed discussions within the crypto community. Key figures at Ripple Labs, such as CEO Brad Garlinghouse and CTO David Schwartz, remain in the spotlight despite the lack of official announcements on the matter.
Market Influence and ETF Expectations
Investor expectations regarding ETF approvals in the coming years significantly affect the dynamics of the cryptocurrency market. According to Bloomberg analysts, there is a high probability of ETF approval by October 2025, which could lead to substantial inflows into the market.
Thus, the combination of the golden cross formation, speculation around Rabby Wallet, and ETF expectations presents positive prospects for XRP and overall growth in the cryptocurrency sector.
