XRP IN ASCENT MODE! Bullish reversal driven by corporate capital and the prelude to the ProShares ETF
Is the mega-rally finally unleashed?
After a volatile start to the day, #xrp has achieved a remarkable recovery and has steadily risen throughout the day, showing a clear bullish reversal. Analysts attribute this surge to two key factors: significant capital inflows from companies and a "tactical rotation" of investors towards digital settlement assets like XRP.
Although the $3.00 mark remains a crucial psychological barrier, XRP's intraday trading structure now reflects increasing support from supply and a conviction of breakout. This bullish outlook is likely to be reinforced by positioning ahead of the ProShares ETF launch on July 18. The anticipation of a new institutional investment product could inject even more liquidity and optimism into the XRP market.
