XRP Price Prediction: ETF Decisions Could Define the Next Trend
- XRP holds critical $2.80 support as traders await ETF decisions and market clarity.
- Rising futures open interest signals strong speculative positioning despite spot outflows.
- ETF ruling window could shift XRP sentiment, triggering breakout above $2.94 resistance.
XRP’s recent price action reflects a market in suspense. After hitting a strong rejection at the $3.08 level, the cryptocurrency has entered a corrective stage, finding temporary support at the $2.80 level. This area corresponds with the 0.236 Fibonacci retracement zone and represents an area where buyers are cautiously defending support.
Despite the pressure, traders are still looking at technical signals that could reveal the next decisive move, especially with windows for a ETF ruling around the corner, which is likely to impact the sentiment in the market.
Market Structure and Technical Indicators
…Read The Full Article XRP Price Prediction: ETF Decisions Could Define the Next Trend On Coin Edition.
Читать больше
Shiba Inu Price Prediction: Analysts Eye $0.000014 Recovery As Holder Count Surges
Solana Price Prediction: ETF Staking Twist And 95% Stock Volume Lead Build Momentum
XRP Price Prediction: ETF Decisions Could Define the Next Trend
- XRP holds critical $2.80 support as traders await ETF decisions and market clarity.
- Rising futures open interest signals strong speculative positioning despite spot outflows.
- ETF ruling window could shift XRP sentiment, triggering breakout above $2.94 resistance.
XRP’s recent price action reflects a market in suspense. After hitting a strong rejection at the $3.08 level, the cryptocurrency has entered a corrective stage, finding temporary support at the $2.80 level. This area corresponds with the 0.236 Fibonacci retracement zone and represents an area where buyers are cautiously defending support.
Despite the pressure, traders are still looking at technical signals that could reveal the next decisive move, especially with windows for a ETF ruling around the corner, which is likely to impact the sentiment in the market.
Market Structure and Technical Indicators
…Read The Full Article XRP Price Prediction: ETF Decisions Could Define the Next Trend On Coin Edition.
Читать больше
Shiba Inu Price Prediction: Analysts Eye $0.000014 Recovery As Holder Count Surges