XRP Price Model Goes Viral After ETF Launch: $15 in 30 Days?
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- The first spot XRP ETF (XRPC) had a successful debut, recording $58.5 million in trading volume, outperforming Solana’s ETF debut.
- A new price impact model projects XRP price range of $4.50 to $15.00 within 30 days as institutional demand outstrips the 2.8 billion XRP available on exchanges.
- Other analysts note the drop is part of a market-wide “risk-off” move (with BTC near $95K) and that XRP’s real test is at the $1.98 support level.
The debut of the first spot XRP ETF has created a sharp disconnect between market expectations and reality. The new $XRPC ETF’s launch was statistically successful, recording over $58.5 million in trading volume to outperform Solana’s ETF debut. However, the event was met with a steep price rejection, with XRP currently trading near $2.25.
Related: XRP’s ‘Sell the News’ Moment: Crashes 10% Within 24 Hours of Its First U.S. Sp…
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Coins
$ 63.58K
-5.10%
$ 1.18
-4.43%
$ 69.92
-6.85%
$ 0.000141
-14.1%
$ 0.00248
-18.2%Funds
Predictions Markets
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Share:
In This News
Coins
$ 63.58K
-5.10%$ 1.18
-4.43%$ 69.92
-6.85%$ 0.000141
-14.1%$ 0.00248
-18.2%Funds
Predictions Markets
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