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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
Analyst Claims This Level Must Be Overcome for 4 Dollars in XRP! "Correction Will Come First"
Renowned cryptocurrency analyst Ali Martinez shared his latest thoughts on XRP and Cardano in his statement. Please provide the text to be translated. According to Ali Martinez, the XRP price may be forming a bullish flag formation. However, the analyst said that the coin's TD Sequential indicator recently gave a bear signal on the 4-hour chart, so he thinks there may be a short correction before the XRP price rises above $2.46.
At the time of writing, XRP price is trading at $2.39. The coin had climbed up to $2.84 during the recent bull rally, but its all-time high record is at $3.34.
According to the analyst, after this correction, the XRP price can climb up to $4.
In addition, the analyst who commented on Cardano (ADA) reported that ADA whales have purchased more than 80 million coins in the last 48 hours.
ADA, which was trading at $1.13 at the time of writing this article, reached its all-time high price level of $3.1 three years ago.