From a technical perspective, XRP is currently in a short-term bullish trend. Although the MACD indicator shows some divergence, the price still holds above the short-term moving averages. More importantly, market sentiment is being continuously fueled by several key developments—especially the upcoming log in of the Spot XRP ETF on the New York Stock Exchange. Several institutions, including Grayscale and Franklin Templeton, plan to launch related ETF products in late November. This is not only an important step towards Compliance but could also become the starting point for a large-scale inflow of institutional funds.
Many people see XRP merely as a "cryptocurrency," but its role goes far beyond that. As a long-standing asset with a market value consistently among the top, XRP is no longer just a technological project or payment tool; to some extent, it has become one of the "reservoirs" of dollar liquidity.
Looking back at the market cycles of the past few years, it is not difficult to find a pattern: when the Federal Reserve begins an easing cycle and a large amount of dollars flows into the market, assets like XRP that have high liquidity, strong consensus, and institutional backing often benefit first. Currently, the market's expectations for interest rate cuts and quantitative easing are gradually heating up, and a new round of "the water is coming" scenario may be brewing.
For ordinary investors, this may be the window period to focus on XRP and gradually position themselves. It's not about chasing highs, but rather accumulating at lows. Just like standing on the shore before the tide comes in. The approval of the ETF, the advancement of staking proposals, the expansion of DeFi applications... these fundamental factors are all adding bricks to its long-term value.
The tide is coming, but the direction is clear. Waiting for the water flow may be the wisest strategy at the moment. $XRP
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From a technical perspective, XRP is currently in a short-term bullish trend. Although the MACD indicator shows some divergence, the price still holds above the short-term moving averages. More importantly, market sentiment is being continuously fueled by several key developments—especially the upcoming log in of the Spot XRP ETF on the New York Stock Exchange. Several institutions, including Grayscale and Franklin Templeton, plan to launch related ETF products in late November. This is not only an important step towards Compliance but could also become the starting point for a large-scale inflow of institutional funds.
Many people see XRP merely as a "cryptocurrency," but its role goes far beyond that. As a long-standing asset with a market value consistently among the top, XRP is no longer just a technological project or payment tool; to some extent, it has become one of the "reservoirs" of dollar liquidity.
Looking back at the market cycles of the past few years, it is not difficult to find a pattern: when the Federal Reserve begins an easing cycle and a large amount of dollars flows into the market, assets like XRP that have high liquidity, strong consensus, and institutional backing often benefit first. Currently, the market's expectations for interest rate cuts and quantitative easing are gradually heating up, and a new round of "the water is coming" scenario may be brewing.
For ordinary investors, this may be the window period to focus on XRP and gradually position themselves. It's not about chasing highs, but rather accumulating at lows. Just like standing on the shore before the tide comes in. The approval of the ETF, the advancement of staking proposals, the expansion of DeFi applications... these fundamental factors are all adding bricks to its long-term value.
The tide is coming, but the direction is clear. Waiting for the water flow may be the wisest strategy at the moment. $XRP