XRP Price Forecast: Prices Remain Resilient as ETF Inflows Gradually Resume – Are Whales Aware of Something?

Following a negative report on January 20, exchange-traded funds (ETFs) associated with XRP have resumed their accumulation. After a short pullback on January 20, XRP-linked ETFs have restarted their accumulation, providing additional support for optimistic XRP price forecasts.

Data from SoSo Value indicates that ETFs have attracted $9 million over the last two days.

Consequently, the total assets of XRP’s ETFs now amount to $1.37 billion, continuing to outpace Solana-linked ETF products as Wall Street’s interest in the leading altcoin endures.

This ongoing accumulation appears to suggest that whales may be aware of insights that the broader market is overlooking.

Is XRP poised for a significant upward movement?

XRP Price Prediction: A Descending Triangle Breakout Might Finally Propel XRP Above Its 200-Day EMA

The price has repeatedly bounced off the $1.90 support level, establishing a robust base from which XRP could begin to rise.

The previous rally commenced after the token broke out of the descending triangle illustrated in the chart but encountered substantial selling pressure at the 200-day exponential moving average (EMA).

Source: TradingView

A similar pattern has emerged now, indicating a possible bullish movement in the coming days if the $1.90 level remains intact.

Should that occur, the likelihood of a bullish breakout above the 200-day EMA will increase. This would set a short-term target of $2.50, followed by a stronger movement towards at least $3.10.

As altcoins regain their momentum and gear up for the next significant rally, leading crypto presales like Bitcoin Hyper ($HYPER) are gaining considerable attention.

This high-potential initiative has already secured over $30 million, aiming to incorporate Solana’s rapid speeds and low costs into the Bitcoin network.

Bitcoin Hyper ($HYPER) Enhances BTC’s Use Cases by Utilizing Solana’s Capabilities

While BTC serves as an excellent store of value, it has traditionally been slow and costly to transfer – until now.

Bitcoin Hyper ($HYPER) is a crypto presale that introduces Solana’s exceptional speed to the Bitcoin blockchain.

This innovative layer 2 solution addresses the significant challenges Bitcoin has encountered by nearly eliminating transaction fees and facilitating instant asset transfers.

For the first time, BTC holders will be able to do more than simply buy and hold.

Through this L2, they will finally have the opportunity to utilize their Bitcoin by lending, staking, and trading their assets while maintaining the security of the Bitcoin network.

The crypto community is already advancing rapidly, with over $30 million raised to make this vision a reality.

At the center of this project is the $HYPER token. As adoption increases and more users leverage its fast, low-cost Layer 2 features, demand for $HYPER is anticipated to grow.

If you are interested in participating early, you can still acquire $HYPER at its presale price.

Simply visit the official Bitcoin Hyper website and connect any wallet, such as Best Wallet.
You can exchange USDT, USDC, or ETH, or use a bank card to purchase $HYPER tokens in moments.

Visit the Official Bitcoin Hyper Website Here

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