Schlagwort: crypto market

• XRP gains support from strong ETF inflows and institutional interest.
• CME futures and options flows add momentum to the current setup.
• Technical pressure builds as XRP tests midband resistance.

XRP is entering a decisive phase as new institutional products, shifting derivatives dynamics, and tightening technical structures converge around a market that has struggled to find a clear direction.

The XRP price currently stands at $2.23, having gained 1.6% in the past 24 hours, and continues a strong seven-day climb that has pushed its weekly performance above 17%.

Notably, despite being nearly 40% below its July all-time high of $3.65, XRP remains up around 50% this year, outpacing both Bitcoin and Ethereum over the same period.

Institutional momentum builds

A wave of new XRP ETFs has reshaped expectations among investors.

The last nine days alone brought in $643.91 million in spot XRP ETF inflows, according to data from Coinglass, while Bitcoin and Ethereum ETFs saw heavy outflows.

Major firms, including Canary Capital, Franklin Templeton, Grayscale, and Bitwise, have launched XRP funds, and early traction has been stronger than many expected.

These inflows reflect the wider structural shift that analysts at NOBI and other platforms have highlighted.

The analysts point to a growing appetite among institutional traders, who now see regulated exposure to XRP as a viable strategy in a market preparing for potential Federal Reserve rate cuts.

In addition, Fed officials have signalled openness to reducing borrowing costs in December, a macro backdrop that often supports risk assets like XRP.

Some forecasts suggest that if inflows remain steady, XRP could rally strongly, pushing it towards its previous high, though conditions would still depend on broader market sentiment and regulatory clarity.

Derivatives signal shifting pressure

The derivatives market is adding another layer to the setup.

CME futures tied to XRP are scheduled to launch on December 15, pending regulatory approval.

This move places XRP alongside Bitcoin (BTC) and Ethereum (ETH) within the world’s largest derivatives marketplace, reinforcing its role in institutional portfolios.

At the same time, XRP options have influenced short-term behaviour.

$15 million XRP options expired on November 28 with a put-call ratio of 0.41, favoured bullish positioning, forcing market makers to buy spot XRP as hedges unwound.

Open interest dropped sharply afterwards, reducing the risk of volatile swings and leaving the market in a cleaner state ahead of new catalysts.

These intertwined factors show how futures, options, and ETF flows are beginning to align in a way that could support stronger price action.

But whether that alignment delivers immediate results will depend on how much follow-through traders are willing to commit to in the coming sessions.

XRP price forecast

On the charts, XRP has broken out of a 4-week falling channel, giving bulls an early signal that momentum may be shifting.

The MACD has flipped positive, and the 7-day moving average now acts as support near $2.11.

Perhaps the most telling structure is the Bollinger Bands setup.

XRP has been stuck under the midband for nearly two weeks, a pattern that often indicates a buildup of pressure that can trigger sharp moves.

The upper band near $2.50 marks the probable target for a breakout, while the lower band at $1.92 outlines the risk if another rejection occurs.

Such compression can precede rallies, including the possibility of a 13% push toward $2.51.

But for that scenario to unfold, XRP would need a decisive close above the midband, something the market has struggled to achieve.

The post XRP price prediction: ETF inflows, CME futures, and technical pressure align appeared first on CoinJournal.

Key takeaways

• BTC is up by less than 1% in the last 24 hours and is trading around $91,600.
• The coin could rally higher as spot Bitcoin ETFs continue to record inflows.

Bitcoin ETFs record inflows

Bitcoin’s price is trading above the $91,600 mark on Friday after rebounding from key support levels over the weekend. The positive performance comes as institutional demand for Bitcoin increases, easing the recent selling pressure.

Data obtained from SoSoValue revealed that US-listed spot Bitcoin ETFs recorded a mild inflow of $21.12 million on Wednesday, after a positive flow of $128.64 million the previous day. 

According to Glassnode’s weekly report, Bitcoin remains structurally fragile, as it is still trading below the $93k resistance level. The report added that with a weakening market structure, liquidity becomes the key lens for understanding what comes next.

Analysts are confident that the recent selling pressure is declining as volatility drops. In an email to Coinjournal, Dr. Sean Dawson, head of research at the onchain options platform, Derive.xyz, stated that the next phase would depend on the Fed’s interest rate decision in December. He stated that,

“Markets are balancing on a knife’s edge, but sentiment has stabilised meaningfully as expectations of a rate cut continue to recover. The probability of a 25 basis point cut at the upcoming FOMC meeting collapsed to 39% just a week ago, yet has since surged back to nearly 87%. In response, BTC has staged a strong rebound, rallying more than 10% from $82K to $91.5K at the time of writing.”

The shift in macro expectations has eased some of the intense bearish pressure that dominated the options market through late October and November. The 25-delta skew, a key measure of relative demand for puts versus calls, has moved sharply off its lows.

Bitcoin could extend its recovery towards the $100,000 mark

The BTC/USD 4-hour chart is bearish and efficient as Bitcoin has recovered excellently from its recent dip. The leading cryptocurrency found support around the key psychological level of $80,000 last week and has added 6% to its value since then. 

At press time, BTC is trading above $91k. If the recovery continues, it could extend the rally toward the next key psychological level at $100,000.

The Relative Strength Index (RSI) on the 4-hour chart is 61, pointing upward toward the overbought level, indicating a growing bullish momentum. Additionally, the Moving Average Convergence Divergence (MACD) showed a bullish crossover on Thursday, providing a buy signal and further supporting the potential continuation of the recovery.

However, failure to overcome the $93k resistance level could see Bitcoin retest the key support at $85,000.

The post Bitcoin price forecast: Will BTC push above $93k? appeared first on CoinJournal.

Key takeaways

• XRP is up by less than 1% in the last 24 hours and is trading at $2.2 per coin.
• XRP ETFs continue to record inflows as institutions position for the next run.

XRP ETFs continue to record inflows

Ripple’s XRP is up by less than 1% in the last 24 hours and is currently trading above $2.2 per coin. The positive performance comes after XRP dropped below the $2.18 level on Wednesday.

Interest in spot XRP ETFs continues to improve since their launch two weeks ago. There are currently four XRP ETFs operating in the US, including Canary Capital’s XRPC, Bitwise’s XRP, Grayscale’s GXRP, and Franklin Templeton’s XRPZ.

Data obtained from SoSoValue reveal that the four XRP ETFs recorded  $35 million in inflows on Tuesday, bringing the cumulative volume to $622 million and net assets to $645 million. 

The inflow suggests that the market sentiment is improving, with more institutional investors positioning for a possible rally in the near to medium term.

However, retail demand remains low, with futures Open Interest (OI) still below $4 billion since the decline on November 11. CoinGlass data shows that XRP’s OI averaged $3.96 billion on Wednesday, down from $4 billion the previous day. XRP futures OI hit a record high of $10.94 billion on July 22 as XRP hit a high of $3.66. However, it has declined since then as XRP has lost nearly 50% of its value. 

If the OI recovers above $4 billion, it will signal growing retail demand, and XRP’s price could surge higher in the near term. 

XRP is still struggling below $2.35

The XRP/USD 4-hour chart is bearish and inefficient as XRP has failed to push past the $2.35 resistance level over the past few days. XRP tested and found support around the $1.85 level during the weekend and has added 15% to its value since then.

At press time, XRP is trading at $2.21 per coin.

If XRP continues its recovery, it could rally toward the next daily resistance level at $2.35, which is close to its 50-day EMA at $2.37. The next major resistance level is around the $2.68 level. 

The 4-hour RSI of 58 is above the neutral level, indicating a growing bullish narrative. Furthermore, the MACD lines are also within the positive territory as buyers have been in control this week.

On the flipside, if XRP fails to surpass the $2.35 resistance, it could continue its correction toward the Friday low of $1.82 over the next few days.

The post XRP fails to push above $2.35 despite ETF inflow; Check forecast appeared first on CoinJournal.

Key takeaways

• BTC is down by less than 1% in the last 24 hours and is currently trading below $87k.
• It could dip lower if the bullish trend fails to prevail.

Bitcoin stalls around $86k

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) prices hover around key levels following a positive start to the week. The price action of the leading cryptocurrencies suggests fading bearish momentum. 

However, the bulls have failed to push prices higher, and Bitcoin could revisit lower support levels in the near term. However, if the support levels hold, Bitcoin could rally higher over the next few days.

Analysts are optimistic that Bitcoin’s price could appreciate in the medium to long term. While commenting on the current market conditions, Coinbase UK CEO Keith Grose said,

“Market conditions are shifting as institutions across Europe take a more structured and regulated approach to digital assets. We’re seeing clearer frameworks emerge, stronger infrastructure being developed, and early examples of central banks and financial institutions running controlled pilots to build practical understanding – including the Czech National Bank’s recent decision to test a small, ring-fenced portfolio of digital assets.”

Bitcoin’s price could face further pressure

The BTC/USD 4-hour chart is bearish and efficient as Bitcoin has underperformed in the last 24 hours. The leading cryptocurrency found support around the $80k psychological level on Friday and has slightly bounced back since then. 

At press time, Bitcoin is trading around $86,800 per coin after failing to overcome the $90k resistance level. If the recovery continues, BTC could rally toward the next key resistance at $90,000.  The ILQ and TLQ levels above $92k could also serve as short-term targets for Bitcoin. 

The Relative Strength Index (RSI) on the 4-hour chart reads 47, after slipping below the oversold threshold last week, suggesting that downside pressure is declining. The MACD lines are also close to the bullish zone as buyers remain in control.

However, if BTC fails to overcome the $90k resistance, it could extend the decline toward the key psychological level at $80,000.

The post Bitcoin stalls around $86k, could dip lower; Check forecast appeared first on CoinJournal.

Key takeaways

• XLM is trading above $0.24 after adding 2% to its value in the last 24 hours.
• The cryptocurrency eyes a breakout as the Stellar blockchain hits a new TVL all-time high.

Stellar’s TVL hits a new all-time high

XLM has performed positively over the last 24 hours, adding 2% to its value during that period. The coin is now trading above $0.24 after adding over 10% in the previous two days.

The positive performance comes as Stellar’s Total Value Locked (TVL) has hit a new all-time high. According to DefiLlama, XLM’s TVL has reached a new all-time high (ATH) of $169.30 million on Tuesday. 

The surge in TVL suggests a growing activity and interest in the Stellar ecosystem, with more users depositing and using assets on XLM-based protocols. 

Data obtained from CryptoQuant also supports the positive outlook for XLM, with its spot and futures markets indicating large whale orders and buy dominance. These indicators point to a potential rally in the near term. 

XLM eyes $0.28 in the near term

The XLM/USD 4-hour chart is bearish and efficient as Stellar Lumen has added over 2% to its value in the last 24 hours. The coin found support around the weekly support level at $0.221 on Friday, and has added over 10% to its value since then. 

Currently, XLM is trading at $0.248, close to the 38.20% Fibonacci retracement level of  $0.256, a key resistance zone. 

If XLM surges past the $0.256 resistance level, it could rally higher towards the 50-day Exponential Moving Average (EMA) at $0.292 over the next few hours or days. 

The 4-hour RSI of 54 is above the neutral 50, indicating a growing bullish trend. For the recovery rally to be sustained, the RSI must continue towards the overbought region. Furthermore, the MACD exhibited a bullish crossover over the weekend, signaling a buy opportunity and reinforcing the bullish thesis.

However, if XLM faces a correction, the bearish trend could extend toward the weekly support level at $0.221.

The post Stellar price forecast: XLM could rally higher as TVL hits new ATH appeared first on CoinJournal.