Author
Alejandro Arrieche
Author
Share
After a negative print on January 20, exchange-traded funds (ETFs) linked to XRP have resumed their accumulation. After a brief pullback on January 20, XRP-linked exchange-traded funds (ETFs) have resumed accumulation, adding fresh fuel to bullish XRP price prediction.
Data from SoSo Value shows that ETFs brought in $9 million in the past two days.
As a result, XRP’s ETF assets stand at $1.37 billion, still surpassing Solana-linked ETF products as Wall Street’s appetite for the top altcoin persists.
Ongoing accumulation seems to indicate that whales are aware of something that the rest of the market is ignoring.
Is XRP getting ready to make an explosive move?
XRP Price Prediction: Descending Triangle Breakout Could Finally Push XRP Above Its 200-Day EMA
The price has bounced off the $1.90 support multiple times already, creating a strong floor from which XRP could start running higher.
The last rally started after the token broke out of the descending triangle shown in the chart, but faced strong selling pressure at the 200-day exponential moving average (EMA).
A similar setup has formed now, anticipating a potential move from bulls over the next few days if the $1.90 level holds.
If that happens, the odds of a bullish breakout above the 200-day EMA will rise. This translates into a short-term target of $2.50, followed by a much stronger move to $3.10 at least.
As altcoins regain momentum and prepare for the next major rally, top crypto presales like Bitcoin Hyper ($HYPER) are gaining serious traction.
This high-potential project has already raised over $30 million, aiming to bring Solana’s fast speeds and low costs to the Bitcoin network.
Bitcoin Hyper ($HYPER) Revamps BTC’s Use Cases by Leveraging Solana’s Power
While BTC is a great store of value, it has always been slow and expensive to move – until now.
Bitcoin Hyper ($HYPER) is a crypto presale that brings Solana’s world-class speed to the Bitcoin blockchain.
This new layer 2 solution solves the biggest problems Bitcoin has faced by reducing transaction fees to nearly zero and enabling instant asset transfers.
For the first time, BTC holders will get to do more than just buy and hold.
Through this L2, they will finally put their Bitcoin to work by lending, staking, and trading their assets without leaving the security of the Bitcoin network.
The crypto community is already moving fast, with over $30 million raised to bring this vision to life.
At the heart of this project is the $HYPER token. As adoption grows and more users tap into its fast, low-cost Layer 2 features, demand for $HYPER is expected to rise.
If you want to get in early, you can still grab $HYPER at its presale price.
Simply visit the official Bitcoin Hyper website and connect any wallet, such as Best Wallet.
You can swap USDT, USDC, or ETH, or use a bank card to buy $HYPER tokens in seconds.
Visit the Official Bitcoin Hyper Website Here
Credit: Source link
