XRP has successfully maintained its key support level at $2.38 after a bullish breakout, reaching a new high of $2.50. The cryptocurrency's technical indicators suggest a shift from a downtrend to an uptrend, with a double bottom pattern reinforcing buyer confidence at this support level. Analysts are optimistic, setting a short-term price target of $3.00. In a significant development, the first U.S. spot XRP ETF has been launched on Nasdaq by Canary Capital. This ETF provides regulated exposure to XRP, enhancing liquidity and accessibility for both institutional and retail investors, potentially driving further interest and investment in the cryptocurrency.