#xrpetf
Hashdex has launched XRPH11, the world’s first XRP spot ETF on Brazil’s B3 exchange, tracking the Nasdaq XRP Reference Price Index with at least 95% of its assets in XRP. Concurrently, CME Group introduced XRP futures this week, further integrating XRP into institutional markets. 💬 What’s your perspective on XRP’s future? Could it rival Bitcoin or Ethereum in the long term? Let me know your thoughts!
Key Levels and Indicators to Watch
Buy Zones:
2.1581 (immediate support).
2.04 or 1.90 (strong support levels if there’s a dip).
Sell Zones:
2.1920 (MA30, resistance).
2.22 (key psychological level).
2.38 or 2.50 (profit-taking levels if a breakout occurs).
Indicators:
Volume: Volume should increase with a breakout.
RSI: If it goes above 70, it may become overbought, and a correction could occur.
News: XRP ETF approvals, Ripple partnerships, or regulatory updates.