XRP Surges Past $2.30—Wall Street Smells Money, Meme Lords Smell Opportunity

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Ripple—Ah, the people’s coin, the people’s hope, the people’s—let’s be honest—eternal heartbreak. Yet here we are, staring at the solemn ticker of XRP at a valiant $2.26. Its 24h volatility: 0.2% and market cap glaring at us with the unwavering ennui of a factory worker in the rain: $133.78 Billion. The volume for 24h? As robust as my aunt’s complaints—$4.52 Billion.

Like a tired dockhand discovering a forgotten loaf of bread, XRP price finally stumbled above the mythic $2.30 on Tuesday, July 8th. Why? Word on the cobblestone streets is: futures ETFs. Yes, papers flying through air, deals being struck with grim resolve—can XRP’s bullish foot soldiers turn this jolt of optimism into a full-on mutiny at the $2.50 barricade? Or shall they, as always, slip on a banana peel of disappointment? 🤡

ProShares’ XRP ETF Listing: Look, Ma, Wall Street’s Got Crypto!

The price trudged a merciless 2% higher—grubby, relentless—reclaiming the $2.30 as the mighty Depository Trust and Clearing Corporation finally listed ProShares’ Ultra XRP ETF (UXRP). Somewhere in an office, a banker’s monocle fell into his coffee.

It takes more than a signature to move these behemoths. Now, the ETF inclusion whispers of future XRP Spot ETFs, while the US SEC hovers nearby, pretending it reads all the paperwork but secretly wishing for lunch.

If the filings are to be trusted—always a gambler’s game—ProShares points to a heady July 14 for the Ultra, Short, and UltraShort XRP ETFs, waving the dream of 2x daily return like a carrot. “But Sir, it’s only futures exposure,” they lament, without ever meeting the coin whose name they hawk.

Settlement and clearance—all handled, backstage, with the elegance of a one-eyed juggler.

Golden Cross: Not a Miracle, Just Buyers and Sellers Dancing

XRP, still clinging to $2.30, clutches its support line at $2.20 as if it were a flask of cheap vodka. The so-called Golden Cross—a crossing of the 100-day and 200-day moving averages—promises bullish tailwinds, though we all know how much faith that deserves.

Chartists squint at a symmetrical triangle—which, like most triangles in life, could mean anything or nothing. Dare I say, a close above $2.35 might see our hero marching to $2.40, or even the storied $2.50, if the ETF launch draws in the kind of trading volume that makes Wall Street bankers sweat.

Ripple XRP price forecast | Source: TradingView

The RSI sits at a calm 58.89—neither singing nor mourning. Room for upside, yes. But fail at resistance, and we’re back below $2.20 where dreams are cheap and memories cheaper. ☂️

Snorter Presale: Meme Coins Are the Opium of the Masses

While institutional men with sharp suits ogle ETFs, the real revolution brews elsewhere: meme coins—specifically, Snorter. Powered by Solana and $SNORT, it’s a Telegram bot with promises even a seasoned street preacher would envy. MEV protection! Limit orders! Rugpull filters! No word yet on free sandwiches. At today’s count, $1.46 million snorted up in presale, each token at $0.0975—a bargain if ever I heard one, or at least cheaper than my dignity.

If you’ve missed the first train, hop on before the cap hits $1.87 million. Who knows? Maybe you’ll retire. Or maybe you’ll just have a story for your grandchildren—both equally improbable. 🤑

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2025-07-09 01:31