General

XRP ETF Debuts with Record Volume — Price Stays Flat

XRP ETF Debuts with Record Volume — Price Stays Flat
XRP ETF Debuts with Massive Volume, But Token Flat: What’s Next?

Main notes

  • Rex-ASPrey XRP ETF was launched at $ 37.7 million in trading volume on the first day.
  • Despite the noise ETF, the XRP price is around $ 3.
  • Futures activity increased by 120 %, with open benefits increasing to $ 8.94 billion after ETF for the first time.

Rex -Sprey XRP ETF (XRPR) exploded from the portal for $ 37.7 million in trading volume on the first day, making it the most successful ETF launch of 2025 so far.

Within just 90 minutes, the fund has already cleared $ 24 million of trading, hunted experienced analysts.


Erik Balomas described Bloomberg as “wonderful”, which increases most of the investment funds circulating in most of the traded investment funds, which are usually struggled to pass a million dollars on the first day.

However, despite the appearance of ETF for the first time, XRP

Xrp
$ 3.04



24 hours fluctuation:
1.9 %


The maximum market:
181.83 dollars b



Folder. 24h:
$ 5.82 b

A symbol lacks momentum. The distinctive symbol briefly gathered 4 % to test the resistance near $ 3.10, but soon returned the gains, as it settled around the support level of $ 3 where it is currently being circulated.

Why separation?

The launch was born a lot of excitement, especially among institutional players. Analysts were quick to highlight that the XRP Future trading increased more than 140 % and the open interest rose to $ 8.94 billion in hours that followed ETF for the first time.

But the immediate market seemed to be hesitant with Coinmarketcap Show a 13 % decrease in trading volume during the past 24 hours, while the distinctive symbol decreased by about 1 % in the same time period.

The prominent analyst is still optimistic, pointing to the outbreak of potential bull science. In his opinion, the ETF appearance for the first time provides structural support that XRP can raise about $ 5 in the short term, with a long -term goal of up to $ 15, which may make XRP the next encryption of the explosion.

XRP Prices: What the graph says

Looking at the 3 -hour graph, XRP is fixed at $ 3.04, and the support test directly in Bollinger Band Middle Bollinger. The last decline of $ 3.14 indicates that buyers are careful despite the first time ETF appeared.

However, XRP remains within an emerging parallel channel, hinting to a continuous upward structure.

XRP price with momentum indicators Source: TradingView

If XRP bounces here, the transition towards the upper channel resistance at 3.20 – 3.25 dollars appears to be likely. The outbreak above can open the door to $ 3.50 and at the end the goal is $ 5, highlighted by analysts.

However, failure to keep the support zone from 3.00 to $ 2.99 can withdraw XRP about $ 2.85, as the strongest demand may appear. Cooling momentum indicators, indicating that the following few sessions will be decisive.

the next

Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.

Crossed currency news, news

Barth Dobby

Part, an encrypted journalist with more than 5 years of experience in this industry, with the main media in the world of encryption and financing, gathered experience and experience in space after survival in the bear markets and bull over the years. Part is also the author of the book 4 books published self.

Part Dubey on LinkedIn


The post XRP ETF Debuts with Record Volume — Price Stays Flat first appeared on Investorempires.com.

Related Posts