XRP ETFS ARE EXPLODING BUT XRP'S PRICE IS STUCK - HERE'S WHY

Market Analysis and Price Prediction - The market, especially Bitcoin, has been consolidating, leading to stagnant price action in most altcoins [1][3] - Bitcoin has been in a higher low pattern for about 21 days, and a potential 5% drop to around 87,000 is anticipated before building a floor [4][5] - A daily candle close above 93,600 is desired, but a more bullish outlook requires Bitcoin to be above 97,000-98,000, with a strong confirmation above 105,000 [5][6] - XRP's key support level is around $1.90, and losing this level could lead to a retest of prior lows between $1.62 and $1.91 [8][9] Ripple and XRP Developments - Ripple's acquisition of Rail is officially closed, enhancing Ripple Payments as a comprehensive end-to-end stablecoin solution [11][12] - The acquisition of Rail for $200 million will enable businesses to make payins and payouts across key corridors through Ripple's platform [12] - ROUSD market cap is up almost 24% in the last 30 days, and further growth is expected due to recent acquisitions [14] XRP ETF Analysis - XRP's market cap is over $122 billion, requiring significant capital to move the price substantially [20] - Moves to the upside have required substantial trading volume, with some moves needing over $3 billion and accumulated values exceeding $80 billion [22][23] - Spot XRP ETFs have neared $1 billion in inflows, with 21Shares launching an XRP product with over $368,000 in inflows and a daily volume of $27.14 million [27] - Spot XRP ETFs have experienced 19 straight days of inflows, nearing $954 million cumulatively [35]

XRP ETFS ARE EXPLODING BUT XRP'S PRICE IS STUCK - HERE'S WHY - Reportify