Ripple

XRP has fallen approximately 7% to around $2 amid a broader crypto market decline, with technical factors and ‘sell the news’ sentiment exacerbating the drop.

With the launch of multiple XRP ETFs, Wall Street is showing interest in Ripple’s token. This article explains what XRP ETFs are and why institutional involvement could boost the price.

ChatGPT has outlined three potential price scenarios for XRP by the end of December, ranging from a conservative $1.80-$2.60 to a bullish $5-$12. The AI bases its predictions on market conditions, regulatory clarity, and institutional adoption.

A group of Dutch investors made a 233% profit on XRP using an automated trading bot, with similar gains on Ethereum and Solana, highlighting the growing popularity of crypto trading bots.

Bitcoin is trapped in a narrow range after a strong rally, facing a sell wall at $92,000. The broader market is also fading, with significant losses for Solana, Cardano, and other altcoins.

New XRP ETFs from Grayscale and Franklin Templeton launch with strong inflows, fueling optimism for a price surge as analysts point to bullish patterns.

XRP’s open interest has plummeted to its lowest level in a year, signaling a significant drop in trader conviction despite a broader market rally. This decline in open positions raises concerns about sustained selling pressure, though some analysts see potential for a bullish reversal.

XRP has surged over 22% in recent days, marking its best performance since August. The rally is fueled by significant capital inflows into newly launched XRP exchange-traded funds on Wall Street from major players like Franklin Templeton and Grayscale.