🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
Share trending topic posts, and split $5,000 in prizes! 🎁
👉 Check details & join: https://www.gate.com/campaigns/1953
💝 New users: Post for the first time and complete the interaction tasks to share $600 newcomer pool!
🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
Bitcoin in September, to be precise, right now, the Rebound is about to end.
The upper limit position of the rise is around 116000, as mentioned this morning, which will trigger a major sell-off at the weekly level. Those holding spot should sell, and those in contracts at low positions should also sell. In short, sell everything that should be sold.
The current time point is 9.12, with a price level of 115100. Next week or around the end of September, we will see the outcome, with a bearish target looking to break below 100000.