🚀 XRP SPEEDS UP: ETF FLOWS MONEY – TARGETING $3?
🔹 XRP trading around $2.36, extending 6 consecutive sessions of gains – a signal that money is flowing in quite steadily.
🔹 Main driver comes from spot XRP ETF:
👉 New daily inflows of $46 million, cumulative total ~$1.23 billion, net assets around $1.65 billion.
🔹 Derivatives also heating up: XRP futures OI surged strongly to ~$4.55 billion, indicating traders are confident in raising their risk levels.
🔹 Technicals favor bullish outlook:
Price closely tracking 200-day EMA (~$2.35)
MACD maintains bullish signal, histogram expanding
👉 If the long-term trendline is broken + close above 200-day EMA, a $3.00 target (≈ +28%) is fully feasible.
🔹 Risk note: RSI around 75 → slightly overbought, may see some pullback. Near-term support: $2.22 – $2.07.
😄 This post is just for fun, morning chart-watching. Up to $3 is fun, back to $2? Blame RSI, not the writer 😆
#XRP #CryptoETF #AltcoinSeason #TechnicalAnalysis #NotFinancialadvice