XRP’s monthly RSI retreats to 54 like a weary traveler, while ETFs tiptoe closer to $1B. 21Shares joins the ballet, and support levels cling to life like a drunkard to a lamppost.
XRP simmers in a stew of consolidation, its technicals whispering bullish secrets. The RSI, now at 54, resembles a hangover after a bender-recoiling but not defeated. Institutional flows? They swell like a symphony of greed. 🎵 Market participants watch, sipping lukewarm tea. 🫖
According to ChartNerdTA, the monthly RSI sits at 54, a “healthy” pullback post-rally. XRP’s consolidation? A nap mid-romp. The support zone hums with anticipation, like a cat waiting for a laser dot. 🐱
Source: ChartNerdTA
Price clings to $2.15, defying gravity-or perhaps just stubbornness. Buyers guard strategic points like a bear with a picnic basket. 🐻
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ETFs: The Unstoppable Force (of Money)
Institutional appetite? Unshakable, like a toddler’s belief in Santa. XRP ETFs have siphoned $954M since November, with $56.98M added this week alone. ChartNerdTA notes five weeks of inflows-because who doesn’t love a good crypto Ponzi scheme? 🤑
Source: ChartNerdTA
Five XRP ETFs now strut in the U.S., hoarding 498.4M tokens. Bitwise leads the pack, pocketing $404K daily. Franklin’s XRPZ charges a mere 0.19% fee-because even Wall Street knows how to be generous. 😎
Canary Capital’s XRPC fund? A $243M splash in November. Bitwise, Grayscale, and Franklin follow, like wolves circling a carcass. The ETFs’ 18-day inflow streak? A modern miracle. 🙌
You might also like: ISO20022: XRP’s Global Payment Gambit? 🌍
21Shares Joins the ETF Jamboree 🎭
21Shares’ XRP ETF, TOXR, now dances on Cboe BZX Exchange. Multi-custody storage via Coinbase, Anchorage, and BitGo-because trust is overrated. The fund’s fee: 0.3% annually, paid weekly in XRP. Ripple seeded it with 100M XRP (≈$226M)-a wedding gift for the crypto party. 🎉
The Swiss firm, a crypto ETP titan in Europe, now waltzes into the U.S. ChartNerdTA muses that AUM soars while prices stagnate-a classic Wall Street two-step. 🕺
TOXR, 21Shares’ first U.S. XRP ETF, adds spice to the market. The price? Trapped in a corrective phase, bouncing off $2.00 like a drunkard trying to find a door. 🚪
You might also like: XRP’s Supply Crunch: A Gift from the Gods? 🎁
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2025-12-12 10:29