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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
From a technical perspective, the moving averages of SOL are in a long positions arrangement, and there is a bullish resonance formed with the engulfing pattern, which theoretically supports the price increase. However, caution is warranted regarding hidden dangers: during the pump process, the Trading Volume has significantly shrunk, and the divergence between price and volume is prominent, indicating insufficient upward momentum, raising doubts about the sustainability of the subsequent rise.
Operation suggestion: around 227-238 for support, looking down at around 222. #ContentStar#