XRP's price increased nearly 5% to reach an intraday high of $2.36 on April 28, extending a three-week rebound that has seen its price rise by over 46%. The surge is largely fueled by the anticipation surrounding the approval of three XRP futures ETFs by ProShares, set to launch on April 30, which will provide indirect exposure to the XRP market. Despite a recent price correction, the number of addresses holding at least 10,000 XRP tokens is on the rise, indicating confidence among larger investors. Additionally, technical analysis suggests that XRP is experiencing a falling wedge breakout, with a potential target of $3.63, representing a 55% increase from the current levels. However, analysts caution that a spot XRP ETF approval remains the more significant catalyst for future price movements, as futures ETFs may not create substantial market impacts. With XRP holding above key support levels, the outlook remains positive for continued upward movement in the near term.

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