$ALPACA Is it going to make all time high? what do you think | ihsanmumra on Binance Square

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$ALPACA Is it going to make all time high?what do you think guys?

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#XRPETF is making headlines as ProShares prepares to launch three futures-based XRP ETFs on April 30, 2025, following SEC approval. These ETFs—Ultra XRP, UltraShort XRP, and Short XRP—offer leveraged and inverse exposure to XRP price movements, providing investors with new avenues to engage with the asset without holding it directly. FXEmpiThe announcement has already impacted the market: XRP's price surged from $0.52 to $0.59 within 24 hours, and its market capitalization increased by $3.2 billion to $33.5 billion. Technical indicators show XRP trading above its 50-day moving average, with a Relative Strength Index (RSI) nearing overbought territory, suggesting continued bullish momentum. While these are futures-based ETFs, the move is seen as a significant step toward broader institutional adoption and could pave the way for a spot XRP ETF in the future. Investors should monitor XRP's price action closely as the ETF launch date approaches.

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#XRPETF Does ETF really matter now? What happened with the $ETH ETF?

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$ALPACA Finally I exit from this sh*it successfully My loss was around $180 But ended up with a profit I've paid around $30 in funding fee rate Lesson learned : Never made an entry in a rug pull #BinanceSquareTalks #ALPACA

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