The XRP has improved its position as one of the most important assets in the world by intolerating Shopify, Verizon, and Citigroup, which are larger in market value. The milestone comes after a strong whale sales. It also questions whether retail optimism can maintain a rally.
The XRP market value is higher than the top company
According to the company’s list of markets, XRP is currently receiving higher rating than Shopify, Verizon and Citigroup. Shopify supports millions of shopping places online, Verizon has more than 140 million users, and Citigroup is a tank asset according to management.
This token increased 12% this week, trading more than $ 3.05 in the first few weeks. Analysts say that this is part of a greater recovery in digital assets promoted by ETF expectations.
Analysts predict breakouts
Technical analysts pointed out optimistic settings. The bull flag was noted by the analyst and provided predictions such as $ 6, $ 13 and $ 23 if the coin was destroyed to $ 3.60 or more.
Another respected merchant mentioned that the fibonacci level refers to $ 4.39 and $ 5.85, while the support area can be found between $ 3.01 to $ 2.85.
Another analyst noticed a symmetrical triangle. According to them, this suggests that XRP prices are the same possibility of rising or falling. He emphasized that maintaining more than $ 3.07 is important for the continuation.
ETF guessing affects optimism
Investor passion has grown in the US, focusing on the possibility of XRP exchange trading funds. The James Seyffart of Bloomberg is expected to be released immediately after the delay of REX-OSPREY’s XRP ETF.
Polymarket prediction data proves this optimism. By the end of 2025, XRP ETF is likely to be approved by 95%on the platform. This figure has increased 24% in recent months, which is an indicator that increases beliefs among market players.
This graph shows a decrease in the beginning of the year. Such products can open institutional flow with XRP as in Bitcoin and Ethereum ETF.
But demand can also be mixed. For example, REX-OSPREY’s Solana Stacking ETF has a total of $ 250 million in inflow since its launch. Compared to the performance of BTC ETFS during the first two months of launch, REX-OSPREY SOLANA ETF was performed under expectations.
Whales reduce exposure despite milestones
As a retailer congratulates the critical mark of the coin, a large XRP holder is reducing exposure. SANTIMENT said that whales with 10 ~ 100 million XRP sold 40 million coins for 48 hours.
These large holders have gradually minimized exposure over the last few weeks. Their selling matches the launch of REX-OSPREY XRP ETF. The movement by the whales suggests that the price of the coin will be raised because it does not think that the demand for the system will be high.
As coin prices rose more than $ 3.05, large sales orders were observed in Binance, Coinbase and OKX. The whale also added a short position from $ 3.3 to $ 3.6, adding obstacles to all strong momentum.
SEC delay adds uncertainty
In addition, the decision of Franklin Templeton’s XRP ETF was delayed by the US SEC. Regulatory authorities are still cautious and hesitant, adding to the facts of confusion to market feelings.
The 30 -day moving average of whale flow by encryption supports the weak position of the whale. Analysts warn that this kind of pattern generally corresponds to a steep reduction with the market tower.
XRP market activity
XRP has risen more than 8.81% a week and the price is between $ 3.02 and $ 3.07. But the volume of trading rose to $ 4.6 billion last day.
I heard a similar story about gift data. CoingLass recorded $ 8.88 billion, down 1.78% of XRP interest interest. The best exchanges such as CME, Binance and OKX have experienced large -scale gift sales, which matches the behavior of whales.