Historically, June has not been good for XRP investors, with an average return of -8.49 % over the past 11 years, and the month is often characterized by selling pressure and declining feeling. However, according to the famous Chekky Crypto, this trend can break this trend.
according to The highest encryption analyst Cekky CryptoXRP can be on the verge of massive collapse, and June may be the turning point. Highlight Three explosive events This XRP can go beyond its long range.
Why will the XRP price in June?
The first is the SEC decision on Spot XRP ETF from Franklin Timbalon, expected to June 17. If approved, institutional investors and retailers will allow the purchase of Real XRP through traditional mediation applications – it is not necessary for a coding portfolio. Cekky compares this moment ETF launch from BitcoinWhich last BTC paid $ 100,000 in early 2024.
The second main event is the FOMC Federal Reserve meeting from June 17 to 18. If the Federal Reserve reduced interest rates at the end, even by 25 bits per second, this may lead to a wave of liquidity to risk assets such as altcoins. Historically, the price cuts resulted in feeding gatherings through technical stocks and cryptocurrencies, and Cekky believes that XRP may be a major winner.
The third main catalyst is XRPL Apex SummitIt is happening June 10-12 in Singapore. Ripple is expected to unveil the game change updates to LEDGER XRP-including Artificial intelligence payments, artificial intelligence, crosses of crosses, real world origins, and new Defi tools. These promotions can open a real benefit and enhance adoption.
The accumulation of the XRP whale indicates a big step
Cekky also indicates a hidden accumulation near the level of $ 1.90, indicating that the whales are preparing to move. While recognizes the risks – including ETF delays or the Federal Reserve Honesty – it emphasizes The risk reward is severely deviated for bulls. With all the three converging events, Cekky warns that this may be.Another calm before xrp stormHis strategy? $ 1.90 – $ 2.10Leave the fluctuation space, and prepare for a potential 5X movement if the stimuli are aligned.
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