Aadi 11

$BTC Ostatni wzrost Bitcoina w kierunku 91 000 USD wzbudza ekscytację wśród traderów, a niektórzy już przewidują początek następnej hossy, ale wykresy mówią co innego. ProShares Bitcoin ETF (BITO) pokazuje oznaki słabości, z potencjalnym cofnięciem w kierunku strefy 10,10 USD. W terminologii fal Elliotta sugeruje to, że BTCUSD może wciąż konsolidować w fazie korekty, a nie szykować się do następnej impulsywnej fali wyższej. Zrozumienie tych sygnałów jest kluczowe dla traderów, którzy chcą uniknąć gonienia za momentum w niewłaściwym czasie.

The main advantage of crypto ETFs is the possibility of gaining exposure to a cryptocurrency without ownership, reducing the risk and cost of holding the asset. Other pros are a lower learning curve and higher security for investors since ETFs take charge of securing the underlying asset holdings. As for the main drawbacks, the main one is that as an investor you can’t have direct ownership of the asset, or, as they say in crypto, “not your keys, not your coins.” Other disadvantages are higher costs associated with holding crypto since ETFs charge fees for active management. Finally, even though investing in ETFs reduces the risk of holding an asset, price swings in the underlying cryptocurrency are likely to be reflected in the investment vehicle too.$BNB $XRP $SOL
#WriteToEarnUpgrade #BinanceHODLerAT #IPOWave

XRP succumbs to pressure below its $2.30 resistance amid sticky bearish sentiment in the crypto market.UAE's FSRA green lights Ripple's RLUSD stablecoin as a lending protocol in the Middle East region.XRP ETF inflows extend the positive streak for nine consecutive days, underscoring growing institutional interest.

Ripple (XRP) is losing momentum, trading at around $2.19 at the time of writing on Thursday. Bulls' attempts to shape the uptrend toward key hurdles at $2.36 and $2.52 failed to gain traction amid resistance at $2.30. 
Despite the broader cryptocurrency market's bearish outlook, XRP spot Exchange Traded Funds (ETFs) continue to record steady inflows, reflecting growing institutional interest.
Ripple RLUSD receives regulatory green light in UAE
Ripple USD (RLUSD), a Ripple-backed stablecoin, has been recognized as an Accepted Fiat-Reference Token by the Financial Services Regulatory Authority (FSRA) in Abu Dhabi, allowing its use within the Abu Dhabi Global Market (ADGM).
The regulatory approval implies that RLUSD is now eligible for use by Authorised Persons licensed by the FSRA to provide regulated financial services, provided they comply with the obligations set out in relation to Fiat-Referenced Tokens.
"The FSRA's recognition of RLUSD as a Fiat-Referenced Token reinforces our commitment to regulatory compliance and trust – two non-negotiables when it comes to institutional finance," Jack McDonald, Senior Vice President of Stablecoins at Ripple, stated.
Arvind Ramamurthy, the Chief Market Development Officer at ADGM, praised Ripple for achieving this regulatory milestone, adding that he "looks forward to seeing them make use of our robust regulatory framework, designed to support the sustainable growth of innovative firms and ensure the highest international standards of governance and compliance."
RLUSD is a regulated stablecoin issued under the New York Department of Financial Services (NYDFS). It boasts a market capitalisation of over $1.2 billion, according to CoinGecko. The stablecoin, launched in late 2024, is designed for institutional use while meeting regulatory expectations.
XRP ETFs recorded nearly $22 million in inflows on Wednesday, bringing the cumulative net volume to approximately $644 million and net assets to $676 million. The steady inflows, now on their ninth consecutive day, indicate that institutional investors are paying attention to altcoin-based ETFs.

Technical outlook: XRP dips as bears return 
XRP is trading at $2.19 at the time of writing on Thursday, weighed down by prolonged bearish sentiment across the crypto market. The 50-day Exponential Moving Average (EMA) at $2.37, the 100-day EMA at $2.51 and the 200-day EMA at $2.52 slope lower and remain stacked above price, preserving downside pressure.
A recovery would face hurdles at the above--mentioned moving averages. The Moving Average Convergence Divergence (MACD) histogram stands in positive territory and has widened, placing the blue MACD line above the signal line.

Still, the Relative Strength Index (RSI) at 46 is neutral and has eased, suggesting fading upside momentum. The SuperTrend descends and sits at $2.40, also capping rebounds. The descending trend line from the record high of $3.66, reached on July 18, limits gains, with resistance seen at $2.67.
The momentum indicator holds above the zero line and edges higher, indicating strengthening buying interest. A close above the SuperTrend could open the path toward the trend-line barrier, while failure to reclaim it would keep the bearish bias intact below the declining averages.

Technical indicators suggest strong momentum, with XRP trading in an ascending broadening wedge and targeting further gains if it remains above key support levels.
What to know:
XRP broke through the $2.20 resistance zone, supported by significant institutional investment in new ETFs.
The launch of Franklin Templeton’s XRPZ and Grayscale’s GXRP on NYSE Arca attracted $164 million, marking a shift in traditional capital access to XRP.
Technical indicators suggest strong momentum, with XRP trading in an ascending broadening wedge and targeting further gains if it remains above key support levels.
XRP’s technical landscape strengthened meaningfully as the token broke through the $2.20 resistance zone.

News Background
XRP’s move unfolded against a backdrop of significant institutional expansion into regulated XRP products. Franklin Templeton’s XRPZ and Grayscale’s GXRP both launched this week on NYSE Arca, pulling in a combined $164 million on their first day—one of the strongest altcoin ETF openings to date.
These launches mark a material shift in how traditional capital accesses XRP, offering regulated, broker-integrated exposure that historically wasn’t available.
The ETF traction follows a period of heavy distribution earlier in November, during which large wallets reduced exposure and derivatives positioning deteriorated. The new inflows suggest institutional rotation is stabilizing, aligning with improving technical structure on the charts.
Technical Analysis
The structure leading into the breakout featured three consecutive higher lows anchored at the $2.15 support level, indicating strong dip absorption and the end of the mid-November selling cycle.
Momentum built sharply at 17:00 GMT, with the breakout occurring on an 81% volume expansion—117.7M tokens traded versus the 65M average. This volume profile is characteristic of institutional confirmation rather than retail-driven volatility.
The session printed a clean V-shaped recovery with price moving from mid-session weakness back toward the highs near $2.26.
On the 60-minute chart, the final hour showed aggressive buying bursts (2.1M in a four-minute window), signaling a shift from passive accumulation to active breakout participation.
XRP continues to trade within a right-angled ascending broadening wedge, a pattern typically associated with continuation moves.
As long as price stays above $2.15 and especially above $2.00, the wedge structure supports further upside scenarios into the mid-channel targets around $2.60.
Price Action Summary
XRP climbed from $2.20 to $2.23—up 1.4% over the session. Price spanned a $0.10 range with 4.6% volatility.
Volume hit 117.7M during the breakout phase, up 81% from average, and multiple hourly spikes validated conviction buying. After peaking near $2.26, XRP consolidated above $2.23 with steady support.
In the final 60 minutes, XRP surged from $2.225 to $2.233 before profit-taking settled price near $2.226 heading into the close.
What Traders Should Know
XRP enters the next session with momentum, but upside continuation depends on clearing the $2.25–$2.35 resistance cluster. The $2.15 support remains the key line that determines whether the breakout holds.
ETF flows give a meaningful fundamental anchor beneath price, while technicals show fresh higher-low structure and renewed volume confidence.
A push above $2.26 reopens $2.35 and then $2.60 targets.
A failure to hold above $2.20 risks a retest of $2.15 and the broader $2.00 psychological zone.#WriteToEarnUpgrade #MyCOSTrade