XRP overthrew Shopify, Verizon and Citigroup with a greater market value, which enhances its position as one of the most important assets around the world. The teacher comes after sales of the strong whale. It also raises questions about whether retail optimism can maintain the assembly.
The XRP market value is higher than major companies
The maximum corporate market lists show that XRP occupies a higher assessment of Shopify, Verizon and Citigroup at the present time. Shopify supports millions of online shopping sites, and Rezon has more than 140 million users, while Citigroup has trillion assets under its management.
The distinctive symbol increased by 12 % this week, trading over $ 3.05, the first in weeks. Analysts say this is part of the larger recovery across the digital assets that etf anticipate.
Analysts predict a collapse
Technical analysts have referred to the ups of the ups. Taurus has also been observed by an analyst, as he made expectations such as $ 6, $ 13, and up to $ 23 in the event of a currency that exceeds $ 3.60.
Another respected merchant indicated that Fibonacci levels indicate $ 4.39 and $ 5.85, while support areas can be found between $ 3.01 and $ 2.85.
Note another similar triangle analyst. According to them, this indicates that there is an equal opportunity to increase the price of XRP or decline. He stressed that maintaining near $ 3.07 is crucial to continuing up.
ETF speculation feeds optimism
The investor’s enthusiasm grew on the possibility of a XRP exchange box in the United States. James Sevart of Bloomberg indicated that the XRP ETF is expected to be launched from ETF after the delay.
Polymarket prediction data proves this optimism. The possibility of obtaining ETF XRP obtaining approval by the end of 2025 currently 95 % on the platform. The number represents 24 % in recent months, and it is an indication of an increase in belief among players in the market.
The graph indicates a decrease in the upward trend that follows earlier in the year, and confidence is now at the highest level ever. Such products can open institutional flows in XRP, as happened with Bitcoin and Ethereum investment funds.
However, the order can also be mixed. For example, Solana Stoke ETF has registered from Rex-ASPREY total flows of $ 205 million since its launch. Compared to the performance of BTC ETFS at the first two months of launch, Rex-Solana ETF performed expectations.
Whales reduce exposure despite the teacher
While retail traders celebrate a coin evaluation teacher, large XRP holders reduce their exposure. Santiment reported that whales of 10 to 100 million XRP sold 40 million coins in forty -eight hours.
These adult pregnant women gradually reduce the past weeks. Their sales operations are compatible with the release of the Rex -Sprey XRP ETF. This step by the whales indicates that they do not believe that there will be a large demand from institutions, which will increase the price of the currency.
Large sales orders were observed in Binance, Coinbase and OKX, as the currency price increased by more than $ 3.05. The whales also added short positions between $ 3.3 and $ 3.6, which puts obstacles to any bullish momentum.
SEC delays add uncertainty
Also, a resolution on XRP ETF was postponed by Franklin Templeton by the United States. The organizers are still cautious, and with each frequency, they add an element of confusion to the market morale.
The whale flow for 30 days from the average via Cryptoquant supports the place of the whale. Analysts warn that this type of patterns usually corresponds to market peaks, followed by very slope declines.
XRP market activity
XRP increased by more than 8.81 % in one week, with prices ranging between $ 3.02 and $ 3.07. However, the trading volume increased to $ 4.64 billion during the past day.
Futures data recounted a similar story. Coinglass reported that XRP’s open interest was 1.78 % to 8.84 billion dollars. Supreme exchanges such as CME, Binance and OKX have also seen large future sales, which are compatible with whale work.
