Laser Digital has completed registration in Japan, and the Nomura group is preparing to bring six assets including XRP and SHIB into the local regulated market. Once the news broke, there were expectations for liquidity for XRP and SHIB, but the prices didn’t rise. XRP is currently trading at $1.38, down 4.8% over the past 24 hours; SHIB is trading at $0.00000523, down 3.3%. Good news can’t withstand broad market sell pressure—this is a typical case of “no market action before expectations are realized.”
Next, watch whether Japanese institutions’ actual buying volumes can increase, and whether XRP can reclaim the heavily traded chip-dense area around $1.45. For SHIB, it needs to hold above $0.0000055; only then can weakness in the short term be reversed. Without confirmation of volume and momentum, it doesn’t count as a trend reversal signal. #XRP #SHIB
Next, watch whether Japanese institutions’ actual buying volumes can increase, and whether XRP can reclaim the heavily traded chip-dense area around $1.45. For SHIB, it needs to hold above $0.0000055; only then can weakness in the short term be reversed. Without confirmation of volume and momentum, it doesn’t count as a trend reversal signal. #XRP #SHIB