🔸Institutional cash flow into Spot XRP ETFs has surpassed 1.2 billion USD and continues to increase steadily. At the same time, large Whale wallets are starting to accumulate, pushing the holding ratio up to 12.8%. This is clearly a deliberate accumulation move by the big players, rather than a FOMO chase.
🔸A lot of money is flowing in, but why isn't the price soaring? The reason is that the chart is still too ugly. Currently trading around $1.94, it is below all important EMA lines at 20, 50, 100, 200. The RSI is weak at 43 and the OBV is flat, indicating that selling pressure has eased but there has not yet been any new buying force triggered. You all should see this as a period of psychological torture before a big change!
Is this a chance to gather stocks or to bury capital, guys?
This article is for reference only, it is not investment advice. Please read carefully and consider thoroughly before making a decision.