XRP Soars 11% Today, Is ETF Expectation a Catalyst?
#Xrp🔥🔥 Rose to $2.19 today, with a daily increase of 11%, trading volume expanded by 28%, reaching $4.9 billion
Analysis as follows:
1. The technical dip to $2.00–$2.10 has become a key buying zone
2. ETF rumors boost short-term sentiment, with a potential rebound target near $2.50
3. However, the long and short positions are in disarray; if it falls below $2.00, risks may quickly escalate
My opinion: Currently, this is a typical “ETF expectation-driven” market structure. It is recommended to participate lightly on dips, with a stop-loss set below $1.95, and a medium to short-term target locked in at $2.50–$2.60. The long-term trend will depend on whether it can continue to attract institutional buying and clear regulation. Investors must control positions and risks.
