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🔥 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,
On the afternoon of the 12th, the article analyzed and gave the BTC/ETH steering hole strategy Dan, with BTC giving 9.52 as the helm/9.8 as the hole, and ETH giving 3380 as the helm/3530 as the hole. The predicted trend point is basically accurate. If you follow it, you will gain something. Currently, how to operate the short-term high rebound is explained in the following analysis.
BTC From the daily chart, yesterday received a small red candlestick, and the price broke through the daily MA10 moving average and is now approaching the MA30 moving average, around 9.82. Pay attention to whether the price can break through and stabilize above 9.82 during the day. If it can stabilize, the short-term weak shock market will end and return to the bull market; Looking at the overall trend for 4 hours, as analyzed in yesterday's article, the price rebounded to the MA120/256 moving average and then fell back in the short term. This level has formed significant resistance, focus on the breakthrough at 9.8.
ETH From the daily chart, yesterday synchronized to receive a red solid Yin column, tested the daily MA60 moving average at 3450, and has not yet broken through and stabilized above 3450. Pay attention to whether it can break through and stabilize this line and then test the MA30 moving average at 3600. On the 4-hour level, pay attention to the resistance levels at 3520/3600.
BTC: Around 9.62 support, with resistance at 9.55+, targeting around 9.7/9.8;
Near 9.78 hole, rebound 9.86➕hole, target to 2000-3000 points.
ETH:3400 nearby rudder, 3350➕ rudder, target 3500/3600 3530/3600 nearby gap, target 3450/3400