Crypto analyst Chad Steingraber has sparked both excitement and skepticism in the crypto community with a bold prediction for the XRP price. According to his technical analysis, XRP could surge to an astonishing $220 solely due to the impact of its Exchange-Traded Funds (ETFs). He draws a parallel with Bitcoinโs historic price spike following its spot ETF launch, suggesting that institutional adoption and market enthusiasm could drive a similar meteoric rise for XRP. While the bold claim has caught the interest of market participants, questions remain about whether this projection…
Tag: XRP
Bitwise Launches Spot XRP ETF on NYSE, Ticker “XRP” Live
Key Notes The ETF charges a 0.34% fee with a temporary waiver for early assets. The launch follows the enactment of the GENIUS Act in July 2025. Bitwise previously launched a physical XRP ETP in European markets in 2022. Bitwise Asset Management launched its Spot XRP ETF on the New York Stock Exchange on Nov. 20. The fund secured the ticker symbol โXRPโ for the listing. This choice distinguishes the product from Canary Capitalโs offering, which trades as โXRPC.โ Securing the assetโs native ticker suggests strong exchange confidence in the…
XRP Supply Shock Ahead? ETFs Could Consume It All: Analyst
A new projection from an XRP analyst is drawing fresh attention to how quickly spot ETFs could gobble up available tokens if heavy inflows persist. Related Reading The numbers in the model are simple and large, and they force a straightforward question: what happens if steady ETF buying meets a limited public supply? ETF Flows Could Outrun Supply According to analyst Chad Steingraber, one XRP ETF might average $90 million in daily inflows. Multiplying that by 12 ETFs and the result is $1.08 billion each day. Based on his assumptions,…
Bitwise XRP ETF Debuts as Community Questions Ticker Choice
Bitwise Asset Management has confirmed that its new spot exchange-traded fund (ETF) tracking XRP is set to launch on Thursday, under the ticker โXRP.โ The new fund will go live on the New York Stock Exchange, the asset manager announced, which X users were quick to applaud, and also pointed out the possible confusion it could cause with the token.ย Typically, crypto ETFs feature a version of the asset managerโs name and the underlying crypto asset in the ticker, such as Fidelityโs FBTC and ARK Investโs ARKB, which track Bitcoin,…
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XRP Price Weakens Again, Key Demand Area Tested After Steady Downmove
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…
XRP TRUMP PRESS LIVE!๐ดSHUTDOWN VOTE NEWS
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3 Reasons Why XRP Price Could Drop To $1.55 By December.
Key takeaways: XRP validates a bearish descending triangle, risking a 25% drop to $1.55. A bearish divergence from the weekly RSI points to increasing downward momentum. Low daily active addresses signal muted network activity and liquidity, amplifying XRP sell-off risk. XRP price traded 11% below its value a week ago, and a convergence of several data points signals a deeper correction toward $1.55.ย XRP descending triangle hints at a 45% price drop The XRP (XRP) price chart confirmed a descending triangle pattern on its eight-hour chart since dropping below the…
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Famous Trader Bets $27 Million That The XRP Price Will Crash
A famous trader is betting on a significant XRP price crash amid this recent market downtrend. The altcoin continues to struggle despite the recent launch of Canaryโs XRP ETF, with popular analyst Ali Martinez suggesting it could soon drop below the psychological $2 level.ย Famous Trader Opens $27 Million Short Position On XRP In an X post, the on-chain analytics platform Lookonchain revealed that a famous trader is shorting the market again, opening a 20x short on XRP worth $27.4 million. The trader has also opened short positions of 40x…