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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
The BTC daily chart yesterday fell from a high of around 113350 to a low of around 110150, closing at around 110600. The support level is around 108250; if it falls below, it could reach around 105300. A pullback could be an opportunity to enter long positions nearby. The resistance level is around MA90; if broken, it could reach around MA60. A rebound to nearby levels could be an opportunity to enter short positions. The MACD shows a decrease in short positions and signs of a golden cross pattern forming. On the four-hour chart, the support level is around MA60; if broken, it could reach around 108150. A pullback could be an opportunity to enter long positions nearby. The resistance level is around MA120; if broken, it could reach around MA200. A rebound to nearby levels could be an opportunity to enter short positions. The MACD shows an increase in short positions, forming a death cross.