XRP Price Drops 7% as New ETF Launch Sparks Potential Rally to $2.36

XRP experienced a 7% price decline recently, creating new buying opportunities for investors. However, market analysts are pointing to the launch of a dedicated XRP ETF as a major catalyst that could reverse this downward trend. Technical analysis indicates that if XRP maintains key support levels, the cryptocurrency could potentially surge beyond the $2.36 resistance mark. The ETF introduction brings institutional exposure and increased liquidity to XRP, setting the stage for a significant price recovery in the coming weeks.