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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,
The market has been oscillating sideways for almost a month, and the longer the sideways, from the perspective of the time period, this is already a long period of consolidation. We are patiently waiting for a direction to choose. The daily level of the market has not yet fallen below the key position of 29800, but the 2-day line has deviated from the top, so it is very important for us to pay attention to the key support position of 29800. At present, there is no good news in the market to bring in incremental funds to enter the market, and of course there is no bad news to bring in a lot of bargaining chips, so the market is here.