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Bullish
Is XRP Ready for $5? 🚀 Charts Are Turning Bullish Again”
Despite conflicting emotions, Ripple's XRP remains over $2.50. Bitwise's XRP spot ETF may attract institutional investors, but traders are apprehensive ahead of Ripple's 1 billion-token escrow release on November 1.
ETF-driven optimism and supply pressure may decide whether XRP maintains its rise or pulls back.
Market watchers say Bitwise is poised for a trading clearance since such changes usually come in the final stages. The ETF might increase XRP liquidity and market depth by attracting institutional investors if authorized.
Armada Acquisition Corp. II announced a $1 billion plan to increase institutional use of XRP, while Virtu Financial declared $63 million in crypto holdings, boosting trust in digital assets.
XRP has risen over 1% in 24 hours, staying above $2.50. Analysts see $2.73 as resistance.
XRP might reach $10,000–$35,000 after Ripple activated its Strategic Reserve. Investors were excited and skeptical as Value Capital's projections circulated quickly on X (previously Twitter).
Some fans regard the forecast as proof of XRP's long-term potential, while most experts think it's unrealistic. At $2.50 and $150 billion in market value, XRP would need a near-impossible capital influx to reach $10,000.
Ripple's partial SEC triumph and institutional alliances, which experts say might boost real-world usage, provide hope. Exaggerated expectations fuel online discussion but also show rising confidence that XRP might play a greater role in global payments and on-chain liquidity.
Ripple will release 1 billion XRP from escrow on November 1, worth $2.5 billion at current pricing. Ripple unlocks monthly to ensure ecosystem liquidity and openness.
Only 200–300 million XRP tokens are used for operations and partnerships, and 70–80% are relocked.
The procedure is transparent and predictable, so analysts anticipate little price disturbance. As liquidity adjusts, short-term traders respond carefully, expecting minimal volatility.
#xrp #FOMCMeeting #MarketPullback $XRP $BTC $ETH
Despite conflicting emotions, Ripple's XRP remains over $2.50. Bitwise's XRP spot ETF may attract institutional investors, but traders are apprehensive ahead of Ripple's 1 billion-token escrow release on November 1.
ETF-driven optimism and supply pressure may decide whether XRP maintains its rise or pulls back.
Market watchers say Bitwise is poised for a trading clearance since such changes usually come in the final stages. The ETF might increase XRP liquidity and market depth by attracting institutional investors if authorized.
Armada Acquisition Corp. II announced a $1 billion plan to increase institutional use of XRP, while Virtu Financial declared $63 million in crypto holdings, boosting trust in digital assets.
XRP has risen over 1% in 24 hours, staying above $2.50. Analysts see $2.73 as resistance.
XRP might reach $10,000–$35,000 after Ripple activated its Strategic Reserve. Investors were excited and skeptical as Value Capital's projections circulated quickly on X (previously Twitter).
Some fans regard the forecast as proof of XRP's long-term potential, while most experts think it's unrealistic. At $2.50 and $150 billion in market value, XRP would need a near-impossible capital influx to reach $10,000.
Ripple's partial SEC triumph and institutional alliances, which experts say might boost real-world usage, provide hope. Exaggerated expectations fuel online discussion but also show rising confidence that XRP might play a greater role in global payments and on-chain liquidity.
Ripple will release 1 billion XRP from escrow on November 1, worth $2.5 billion at current pricing. Ripple unlocks monthly to ensure ecosystem liquidity and openness.
Only 200–300 million XRP tokens are used for operations and partnerships, and 70–80% are relocked.
The procedure is transparent and predictable, so analysts anticipate little price disturbance. As liquidity adjusts, short-term traders respond carefully, expecting minimal volatility.
#xrp #FOMCMeeting #MarketPullback $XRP $BTC $ETH
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