🚨 $XRP STILL SLEEPING despite two massive bullish catalysts - Calm before the STORM?!
XRP just shrugged off what should’ve been knockout news:
• Ripple finally settled with the SEC
• XRP is being considered for the US Digital Asset Reserve
• Spot XRP ETF filings are on the table
And yet… price dipped 6% over 3 months while the broader market pumped 10%. So what’s holding it back?
Leverage is building. Open interest in XRP futures just jumped 31% to over $2.2 billion. That’s not retail noise - that’s smart money positioning.
Funding rates hit 19% - high, but still far from blow-off levels. Translation: the powder is dry, not overheated. Room to run.
A decision on the spot XRP ETF is expected by October. If it’s greenlit, XRP isn’t just breaking $3.50 - it’s heading into new price discovery.
Regulatory clouds have cleared. Demand is rising. The chart just hasn’t caught up yet. XRP is coiling under pressure. And pressure always finds a release. Follow @Professor Mende - Bonuz Ecosystem Founder to stay updated and know when to attack! #Ripple #XRP #CryptoMarketWatch #MarketPullback #CryptoMarketNews