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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,
3 Major Potential Alts Leading the Way Against the Trend! PUMP, AERO, and WLFI's technical aspects still point to upward space.
On the eve of the release of the consumer price index (CPI) in the United States, the crypto market remained volatile on September 16, with over $400 million liquidated in the past 24 hours. However, PumpFun (PUMP), Aerodrome Finance (AERO), and World Liberty Financial (WLFI) defied the trend and strengthened, becoming representatives of the market's top gains. From a technical perspective, all three maintain a bullish structure, suggesting there may still be upward potential in the short term.
PUMP: After seven consecutive pumps, a brief pullback, still targeting higher Fibonacci levels
(Source: Trading View)
Current price and trend: The PUMP has slightly fallen by over 1% after rising for seven consecutive days, ending its streak. It previously reached a historical high of 0.008980 dollars on Sunday.
Technical level: Short-term resistance is located at the 1.272 Fibonacci extension level of 0.009314 USD. If it breaks through, it is expected to hit the 1.618 extension level of 0.013687 USD.
Indicator signals: RSI reaches 84, indicating overbought but momentum remains strong; MACD continues to rise accompanied by a green histogram, indicating sustained buying pressure.
Risk warning: If it encounters resistance at 0.009314 dollars, it may test the support at 0.006882 dollars.
AERO: Breakthrough 50-day EMA, aiming for $1.485
(Source: Trading View)
Current price and trend: AERO reported at 1.300 USD, having accumulated a pump of 8% since Monday, successfully standing above the 50-day EMA (1.144 USD) and the pivot point of 1.147 USD.
Technical level: Target pointing to 78.6% Fibonacci retracement level of 1.485 USD (calculated from the high point of 2.334 USD to the low point of 0.282 USD).
Indicator signals: MACD and signal line form a golden cross above the zero axis, RSI stabilizes at 57, and there is still room to the overbought area.
Risk warning: If it falls below the 61.8% retracement level of 1.041 USD, it may test the 200-day EMA of 0.935 USD.
WLFI: Symmetrical triangle rebound, breakthrough or welcome acceleration
(Source: Trading View)
Current price and trend: WLFI has pumped over 2%, continuing Monday's 3% increase, with the 4-hour chart showing the price rebounding within a symmetrical triangle pattern.
Technical level: If it breaks through the R1 pivot point at 0.2389 USD (which coincides with the resistance trend line), it is expected to target R2 at 0.2673 USD.
Indicator signals: MACD attempts to break through the signal line, RSI rebounds around 56, indicating a warming of buying interest.
Risk warning: If it breaks below the support trend line and the 50-period EMA (0.2114 USD), it may test the psychological level of 0.2000 USD or even S1 0.1839 USD.
Conclusion
Despite the increasing uncertainty in the macro environment, PUMP, AERO, and WLFI still demonstrate relatively strong technical structures. Short-term traders should pay attention to the breakthrough of key resistance levels; if it stabilizes with increased volume, it may trigger a new round of upward movement. However, they must also be cautious of the pullback risks brought about by high volatility and strictly set stop-loss levels to control position risks.