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XRP spot ETF has performed remarkably since its listing. In just two months, it has attracted a total of $1.51 billion in funds. Compared to Solana's spot ETF performance during the same period, XRP leads by nearly $300 million. This data fully reflects the market's attention and enthusiasm for this asset.
Interestingly, even during market corrections, XRP ETF continues to absorb funds, with only single-day net outflows. This indicates sustained confidence from institutions and investors. In terms of price, XRP has a weekly decline of 2%, but since the beginning of the year, it has risen by a total of 12%, indicating that the long-term trend remains upward.
From a technical perspective—on the 4-hour chart, XRP is forming a descending triangle pattern. Once it breaks through the upper resistance level, it may gain new upward momentum. Some analysts believe it could challenge the $3 mark. Currently, it is still a phase to observe key support levels.
Breaking the $3 mark isn't a big problem; the key is not to fall below the critical support
SOL being crushed so much? That's interesting
Institutions are bottom-fishing; this needs some consideration.
Three dollars? Don't think too much for now, let's see if the support can hold.
Can three dollars really be touched? I bet ten dollars that it will adjust.
Institutions are bottom-fishing, so I follow suit, simple and straightforward.
For the descending triangle, at the moment of breakdown, I have to watch the K-line, or I'll miss the rocket to the sky.