• 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…

Read The Full Article XRP Price Model Goes Viral After ETF Launch: $15 in 30 Days? On Coin Edition.

• 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…

Read The Full Article XRP Price Model Goes Viral After ETF Launch: $15 in 30 Days? On Coin Edition.