XRP, Cloud Mining and CryptoMiningFirm
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Trader Notes: Crypto trader Michael van de Poppe says the market is playing out a "classic move," with more downside likely as Bitcoin and Ethereum look poised to flush overleveraged long positions. Despite the broader uptrend, he warns that increased volatility could trigger sharp short-term corrections.
When you wake up, you find a lot of XRP in your wallet - this little surprise has become a part of RDGMining users' daily life. Thanks to the newly upgraded AI-driven cloud mining platform RDGMining,
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Cryptopolitan on MSNProShares Ultra XRP ETF green light on NYSE Arca sends sets off Ripple rallyThe ProShares Ultra XRP ETF is expected to start trading on NYSE Arca from July 18. XRP broke above $2.92 following the approval announcement.
Crypto analyst Pentoshi predicts XRP will enter price discovery soon. XRP’s chart looks “disgustingly good,” with new all-time highs likely in weeks.
Wall Street giant ProShares launches 2x leveraged Solana and XRP ETFs with NYSE Arca approval as $1.5B empire expands institutional access.
Again, volatility could be elevated with perpetual futures open interest hitting a record high of 2.74 billion XRP, according to Coinglass. The annualized XRP funding rates hover at 15%, indicating a growing bias for leveraged bullish plays.
XRP advocate Edoardo Farina urges Bitcoin holders to divest into XRP, calling it the last chance before a major XRP rally begins.
Bitcoin price declines 2% on Tuesday after reaching a new all-time high of $123,218 on Monday as traders begin to realize profits. Ethereum price faces rejection near the $3,000 level, suggesting a potential short-term correction.
The $3 strike call option for XRP is the most traded, with significant buy trades indicating investor optimism.
Bitcoin’s march toward six-figure territory has traders rewriting every price model on their screens. If the Bitcoin Price punches through $250,000 this
XRP must close above the $2.20-$2.30 range on the daily chart. The 50-day simple moving average (SMA) is at $2.22, and the 100-day SMA is at $2.20. After that, bulls are required to overcome the resistance at $2.36, the 200-day SMA, to target higher highs above $3.
Bitcoin’s surge above $123K has sparked massive liquidations, while Hedera (HBAR) hit a four‑month high and XRP approaches the $3.