Bullish bias for XRP is becoming clearer: Can XRP break through to $2.65?
#xrp #Xrp🔥🔥 #predictons #bullish The price of XRP (XRP) rose 3% in the last 24 hours and 15.5% from its November 21 low to $2.10 on Monday. This sets XRP up for further gains supported by several fundamental, on-chain, and technical factors. Key points: A new all-time high for XRP is in play, supported by rising institutional demand and bullish trader sentiment.XRP's technical price, particularly the symmetrical triangle pattern, projects a 27% increase to $2.65.
Investors flood XRP investment products XRP exchange-traded products (ETPs) recorded inflows of $245 million in the week ending December 5, "bringing year-to-date inflows to US$3.1bn, far exceeding the US$608m inflows seen in 2024," said CoinShares head of research James Butterfill in the latest Digital Asset Fund Flows Weekly report, adding: "ETP investors believe that negative sentiment may have reached its lowest point."
Crypto net flow data. Source: CoinShares Meanwhile, spot XRP exchange-traded funds (ETFs) continued their perfect record of positive inflows, with $10.23 million on Friday marking 15 consecutive days of net inflows. Institutional demand for XRP investment products has not waned, according to data from CoinShares.
XRP spot ETF flow data. Source: SoSoValue This series has driven cumulative inflows to nearly $900 million and total assets under management (AUM) to $861.3 million, according to data from SoSoValue. "For 15 consecutive days, every US spot $XRP ETF has recorded green inflows, pushing total assets close to $900 million," crypto investor Giannis Andreou said in an X post on Monday, noting that more than 400 million XRP tokens are already locked in this investment product.
Andreou added: “This is the kind of accumulation you typically see before a narrative shift occurs.” As reported by Cointelegraph, the sustained inflow of XRP spot ETFs is likely to determine the future direction of XRP prices.
Data from Cointelegraph Markets Pro and TradingView shows XRP trading above a symmetrical triangle on the four-hour time frame, as shown in the chart below. The price needs to close above the upper trend line of the triangle at $2.15 to continue the uptrend, with a measured target at $2.65. Such a move would bring the total gain to 27% from current levels. "A breakout here could trigger a move of up to 16%, pushing the price towards the $2.40 zone." As reported by Cointelegraph, a bullish daily close above $2.30 would confirm the breakout and potentially lead to a move toward $2.58 as long as support at $2 holds.
Disclaimer: I only make predictions and analyses. It is important for friends to always be careful when investing in cryptocurrency. $XRP $BTC
Digital assets such as BTC and ETH are now officially recognized as private property in the UK!!!🔥
#ETH #BTC #UK #LegalUpdate Ethereum sits in the spotlight today as the UK writes digital assets like ETH directly into property law while derivatives traders quietly rebuild leverage after October’s wipeout. Together, the legal shift and the rise in open interest show how Ethereum’s role keeps deepening both in traditional courts and on crypto futures markets.
UK passes law that directly strengthens ETH property rights Digital assets such as Bitcoin and Ethereum now have explicit recognition as personal property in England, Wales and Northern Ireland after the Property (Digital Assets etc) Act 2025 received Royal Assent and came into force on Dec. 2. The Act states that a “thing,” including something digital or electronic, is not prevented from being the object of personal property rights just because it is neither a “thing in possession” nor a “thing in action,” the two traditional categories in English law. In effect, lawmakers have opened the door for a third category of personal property to cover assets like crypto-tokens and non-fungible tokens. The UK government says the change confirms that digital assets can be recognised as personal property and gives stronger protection to victims of digital theft and fraud, who can now rely on a clearer statutory basis when they go to court.Courts will be able to apply existing property law tools more directly to crypto, including freezing, tracing and recovery of misappropriated coins, and to handle digital asset balances more cleanly in insolvency or exchange failure cases. At the same time, legal analysts say the Act removes uncertainty for banks, custodians and funds that want to hold or use crypto under English-law structures. With digital assets now recognised as objects of property rights in statute, it becomes easier to document security interests and collateral arrangements over ETH and other tokens in secured lending and structured finance transactions. The legislation applies across England, Wales and Northern Ireland and took effect immediately on the day it was passed, following recommendations from the Law Commission’s 2023 digital assets report.
ETH open interest climbs again after October crash Meanwhile, Ethereum futures open interest has been rebuilding since the violent wipeout on Oct. 10, leaving derivatives traders more exposed again, according to chart data shared by analyst Ted (@TedPillows). The ETHUSDT perpetual contract on Binance Futures now shows steadily rising positioning even as spot price trades well below its early-autumn levels. The accompanying chart tracks Ethereum’s daily candles on Binance Futures alongside aggregated open interest in coins from analytics platform Velo. It shows leverage collapsing in mid-October, when open interest dropped sharply, then grinding higher through November and into early December as traders slowly added new positions. Ted said he expects much of this rebuilt open interest to “be wiped out in the coming months,” arguing that market makers may push Ethereum into a choppy trading range to flush out leveraged longs and shorts. In that scenario, open interest could fall again as positions are forced to close, even if spot price does not revisit the October crash levels. $ETH $BTC
Bitcoin Price Prediction for December: Can BTC Break Through the $89K Range?
#BTC #ETH #bnb #sol #Xrp🔥🔥 Bitcoin remained close to $89,000 on Monday, trading within a narrow range while the overall crypto market continued to decline. The global crypto market capitalization fell to $3.01 trillion. Compared to the beginning of the month, trading volume has slowed. Recent price movements have also been small, and the market has yet to show a clear direction. This lack of momentum has kept BTC below key resistance levels and prevented a strong recovery. Bitcoin has repeatedly struggled to break through the $92,000-$93,000 resistance zone. Every time the price attempts to rise, sellers enter and push the price back down, indicating that the market is still facing pressure from profit-taking and derivative unwinding. Until this resistance zone is truly broken, analysts say the upward momentum is likely to remain limited. On the downside, support between $86,000 and $88,000 continues to be the main buffer for prices. Experts are watching this area closely as a clear break below it could trigger fresh selling and possibly push Bitcoin to the lower $80,000 range. For now, buyers are still managing to hold this zone, keeping the market moving sideways. Major altcoins like Ethereum, BNB, Solana, and XRP are also experiencing declines, reflecting Bitcoin's calm trading pattern. The market's average RSI, which is around 39, indicates mild oversold pressure but is not yet sufficient to confirm a reversal. The market appears to be waiting for new economic signals or strong capital inflows that could shift the momentum. Until a breakout occurs from this narrow range, Bitcoin is expected to continue moving sideways. A move above $92,000 would be the first sign of strength, while a decline below $86,000 could confirm further weakness. $BTC $ETH $BNB