#GT# #BTC# #XRP# #ETH# #DOGE# Rumors about Spot exchange-traded funds ignite demand for XRP and market activity.


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XRP is increasing rapidly
According to DeepSeek AI data, cash flows are expected to range between $640 million and $1.5 billion during the first three months of the adoption of the XRP exchange-traded fund. By the end of the first year, this figure could exceed $2 billion. These strong forecasts have positively reflected on the recent performance of the XRP price.
Current charts show a noticeable increase in XRP trading volumes. This rise in investor interest is viewed as an indicator of broader bullish prospects in the market. Notably, anticipated inflows from the approval of the exchange-traded fund could stimulate price movements.
Regulations and technical indicators talk about volumes
Recent demand for XRP derivatives products by major players, such as ProShares, indicates increased regulatory activity. The launch of Hashdex's XRP exchange-traded fund in Brazil has exceeded expected trading volumes, raising global expectations. Paulo Miskita, the director of Hashdex, confirmed that the Brazilian launch surpassed performance expectations.
From a technical analysis perspective, the Relative Strength Index (RSI) reaching its highest level in two months indicates an increasing strength of bullish momentum. However, the bearish trend of the ADX indicator suggests that investors should exercise caution. If the price of Ripple exceeds the resistance level at $2.76, it may see new record highs on the horizon.
The historical highs in Bitcoin and Ethereum prices, following the approvals of exchange-traded funds, create a scenario similar to that of XRP. It is confirmed that the support of investors, both institutional and individual, will play a crucial role in this process.
Experts indicate that new cash flows from traded XRP funds could raise Ripple's market value to surpass that of Ethereum. This possibility represents potential opportunities and risks for investors. Market watchers confirm that this period of regulatory actions and investor behavior will critically affect price movements.
In the short term, the importance of closely monitoring technical indicators and macro market data is increasing to understand XRP price trends. The coming days may herald a phase rich in opportunities, but caution is crucial for investors.
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Aya_Cryptovip
· 04-28 22:24
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