XRP ETF: Bitwise Volumes Top $80 Million
Bitwise XRP ETF traded over $80 million in one session, the highest volume since inception as volumes hit $60 million on prior days.
SourceAnalysis
Bitwise XRP ETF volumes surged past $80 million in a single session with the prior two days each clearing $60 million, marking record daily turnover since launch.
XRP trades at $1.48 inside the Bollinger Bands with upper resistance at $1.55. The EMA50 at $1.32 serves as primary support while the EMA200 at $1.15 anchors the longer-term bullish structure. Despite the MACD death cross, RSI at 61.17 leaves room before overbought conditions. With price testing upper Bollinger resistance at $1.55 while RSI flashes neutral, a healthy retracement to the 50-EMA support at $1.32 seems probable before further continuation. XRP ETF trading volume data now feeds directly into XRP price prediction models for institutional desks.
Matt Hougan
@Matt_HouganBitwise Invest's CIO and FutureProof co-founder, former ETF.com CEO bringing deep investment expertise to digital assets.