XRP Faces Critical Test as ETF Launch Approaches

The cryptocurrency XRP finds itself at a pivotal moment this weekend, with conflicting forces creating market uncertainty. While the imminent launch of major exchange-traded funds should theoretically fuel optimism, current trading patterns tell a different story. Institutional players are positioning for entry even as large-scale investors capitalize on the opportunity to exit their positions, leaving market observers questioning whether this represents a collapse or a potential entry point for courageous investors.

Monday, November 24, marks a significant milestone for XRP as asset managers Grayscale and Franklin Templeton prepare to launch their ETFs—a substantial endorsement of the digital asset’s legitimacy. This institutional approval, however, coincides with substantial selling activity that’s Read more...