2.0887
+1.26%
🔥 Hey, hope everyone's been well, here with a quick follow up on things and some highlights and insights for the week to consider and give a quick read. As always, thanks for tuning in.
🔥 ETF Inflows: U.S. spot XRP ETFs have seen significant inflows. Total assets under management across funds like Canary's XRPC and REX-Osprey's XRPR are approaching $1 billion. This shows strong institutional demand following regulatory clarity.
🔥 Price and Market Activity: XRP is consolidating within the $2.00-$2.30 range, with a current price around $2.11. Whales have been accumulating tokens while retail investors sell, a pattern seen in previous recovery phases.
🔥 Regulatory Clarity: Regulatory support in Europe, particularly under the MiCA framework, has boosted confidence in XRP. This has accelerated adoption among financial firms. The August 2025 U.S. SEC settlement provides a clear legal foundation for institutional participation.
🔥 Ripple's Strategy: Ripple continues to expand its global infrastructure. The focus is on real-world asset tokenization, CBDC collaborations, and expanding its On-Demand Liquidity (ODL) corridors using its RLUSD stablecoin.
🔥With this and XRP consolidating at a monthly support above that $2.00 we can see whales accumulating while retail has been panicking a bit the last few months of which price action has been pretty influenced, driven by sharp price drops followed by aggressive liquidations and our technical which still has us within this descending channel as marked by the blue.
🔥 Main thing I'm keeping watch for is when we break out of the current horizontal channel 'in yellow' and if we can break that $2.20 which would help us regain our 200 EMA and could ultimately lead to a breakout if we exit the main descending channel. Basically we want to get out of the blue channel dragging us down. Think of it as a river, once we get out of the river we can climb up.
🔥 As I said, quick and short highlights there with some important things to consider as we face the next couple of days. Market sentiment may be mixed but whales know more than we do and if their stockpiling I doubt it's for no reason, we already understand the market as a whole is recovering, consolidating, or testing support. At the end of the day the next few months look optimistic as ever.
🔥 Thanks for joining as always, happy to share some quick highlights for the week and let's keep posted, excited to see what the next few months hold for us, especially as XRP continues to grow it's presence and support by the day continuing to build towards the vision we believe in. Everything works out.
🔥 Best regards as usual, stay rocking,
✅ Trade here on $XRP