The big move is Grayscale's XRP ETF launching today. Following Canary Capital's massive $243M debut, this shows institutions are finally stepping in.

Price popped to $2.09, breaking a key downtrend. The technicals on the hourly look decent, but the real test is at $2.15. If it clears that, we could be looking at a run toward $2.35.

Here's the conflict:

✅Bullish: ETF inflows are starting, and exchange reserves are dropping (less selling pressure).

❌Bearish: #xrp is still down 28% this quarter, and liquidity is thin.

My verdict: This looks like a fragile rebound. The ETF narrative is strong, but it needs to overcome the heavy profit-taking from bag holders. I'm watching the $2.15 level closely – break and hold above that, and the sentiment could flip.

What's your read – is this the start of an ETF-driven rally or just another fakeout?

$XRP

XRPUSDT

دائم

2.0603

-0.85%

$ETH

ETHUSDT

دائم

3,290.6

-0.30%

$BTC

BTCUSDT

دائم

95,277

-0.18%