The XRP Focus (Controversial/Viral Topic)
Headline: šļø $XRP ETF Inflows Hit $164M ā So Why is Price Down? š¤
$XRP is trading at $2.17, struggling to break out despite massive news. Here is the raw truth behind the price action.
ā The Good News (Bullish):
Franklin Templeton & Grayscale launched Spot ETFs.
Demand: XRP ETFs outperformed BTC/ETH ETFs on Monday with $164M inflows.
š The Bad News (Bearish):
Whale Dumping: As ETFs bought, large wallets sold 180 Million XRP, killing the momentum.
Technicals: Price is stuck below the 7, 25, and 99 EMAs.
Verdict: The battle between Institutional Demand (ETFs) and Legacy Whales (Sellers) is heating up. Once the whale selling dries up, the ETF pressure could send this flying.
Target to Watch: We need to reclaim $2.25 to confirm a reversal.
#XRP #Ripple #CryptoETF #XRPCommunity $XRP
