When ETFs flow, prices return quietly – do whales know something?
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Alejandro Ariche
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Exchange-traded funds (ETFs) linked to XRP continued to rally after negative press on January 20. After a brief pullback on January 20, XRP-linked exchange-traded funds (ETFs) have continued to rally, adding fresh fuel to the XRP price forecast.
ETFs have brought in $9 million in the past two days, according to data from SoSo Value.
As a result, XRP's ETF assets stand at $1.37 billion as Wall Street's appetite for top altcoins continues, still outpacing Solana-linked ETF products.
The continued stockpile seems to show that the whales know something that the rest of the market is ignoring.
Is XRP Preparing for an Explosive Movement?
XRP Price Prediction: A descending triangle breakout could finally push XRP above the 200-day EMA.
The price has broken the $1.90 support several times, creating a strong floor from which XRP can rise.
The last rally started after the signal broke out of the downward triangle shown on the chart, but faced strong selling pressure at the 200-day moving average (EMA).
A similar setup has now been formed, expecting a move from the bulls over the next few days if the $1.90 level holds.
If so, a bullish breakout above the 200-day EMA is likely. This translates to a short-term target of $2.50, followed by a very strong move to at least $3.10.
As altcoins gain traction and prepare for the next big rally, high-profile crypto presales like Bitcoin Hyper ($HYPER) are getting a lot of attention.
This high-potential project has raised more than $30 million, aiming to bring Solana's faster speed and lower cost to the Bitcoin network.
Bitcoin Hyper ($HYPER) reinvents BTC use cases by harnessing the power of Solana.
While BTC is a huge store of value, it has always been slow and expensive to move – until now.
Bitcoin Hyper ($HYPER) is a crypto presale that brings Solana's world-class speed to the Bitcoin blockchain.
This new layer 2 solution solves the biggest problems faced by Bitcoin by reducing transaction fees to almost zero and enabling faster asset transfers.
For the first time, BTC owners do more than just buy and hold.
With this L2, you can finally do your Bitcoin business by lending, embedding and trading your assets without leaving the security of the Bitcoin network.
The crypto community is already on pace to raise over $30 million to bring this vision to life.
At the heart of this project is the $HYPER token. As adoption grows and more users take advantage of their faster and cheaper Layer 2 features, demand for $HYPER is expected to increase.
If you want to get in early, you can still grab $HYPER at the presale price.
Simply visit the official Bitcoin Hyper website and connect any wallet, such as Best Wallet.
You can exchange USDT, USDC or ETH or use a bank card to buy $HYPER tokens in seconds.
Visit the official Bitcoin Hyper website here
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