👀 Ripple ( $XRP ): ETF Euphoria and Technical Breakthrough – The Dawn of a New Era?


Market Capitalization: $142.6 billion.

XRP exploded in late December, showing over 25% growth in a week and a 10.54% jump in 24 hours.

🟡 While Bitcoin and Ethereum crawled with 1-2% gains, XRP rocketed forward like a missile, leaving many competitors in the dust.

What Happened❔

🗣The main catalyst was massive inflows into XRP-based ETFs and a breakthrough of the critical technical level of $2.28–$2.32, which had held the price back six times since December.

🗣This breakthrough opened the floodgates for a new wave of buying, and market capitalization soared from $120 billion to $142.6 billion.

🗣Trading volume reached $6.74 billion – this isn't speculative fuss from small players, but real participation from big money.

🗣Open interest in futures jumped 23%, exceeding $4.7 billion, which shows: institutions are entering seriously.

Technical Picture❕

🗣XRP established itself above the 200-day EMA ($2.35) – a key trend confirmation level. RSI around 74.7 indicates strong demand without overheating, while volatility of 4.7% shows controlled expansion.

🗣Interestingly, the Fear and Greed Index remains at 26 – that's fear, not euphoria. The gap between price growth and sentiment often means the trend can continue while most haven't yet jumped on the train.

Trading Guidelines:📈📉

📈 Consolidation above $2.50 – movement towards $2.80-$3.00.
📉 Return below $2.28 – correction to $2.03.

Conclusion:
XRP is undergoing structural revaluation. Institutions are accumulating, technicals are confirming, volumes
are growing. Watch the $2.28 level – it's the key to further movement.

📈 Open trade with $XRP ‌🔗 Chat • X • JioCoinsX
XRP-4,09%
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