XRP News Update: XRP ETF Buzz vs. Death Cross: Can the $1.75 Support Level Remain Intact?
- XRP faces critical junctures near $2.14 as Grayscale's spot ETF (GXRP) launch looms, with $1.75 support level pivotal for short-term stability. - A death cross pattern raises bearish concerns, suggesting potential 55% price drop to $1 if technical indicators fail to hold. - Institutional crypto products like Leverage Shares' 3x ETFs and 1inch's liquidity pools highlight growing institutional interest amid market volatility. - DeFi struggles with $12B idle capital while projects like Mutuum Finance aim to
XRP's price movement has captured the attention of both traders and analysts, as mixed signals appear ahead of Grayscale’s expected spot
The upcoming launch of Grayscale’s spot XRP ETF (GXRP) on Monday introduces further unpredictability.
Ethereum investors are also preparing for increased leveraged trading as Leverage Shares gets ready to introduce 3x long and short ETFs for both BTC and
At the same time, DeFi continues to grapple with liquidity issues, with $12 billion in unused funds spread across various protocols.
The trending “apeing whitelist” craze has also brought attention to platforms such as Mutuum Finance. With Halborn Security currently auditing its smart contracts, the team
As participants in XRP and Ethereum markets contend with these shifting factors, the next few weeks will reveal whether technical strength, ETF introductions, and institutional progress can offset the prevailing bearish sentiment in the sector.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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