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XRP open interest has reached its highest level in months. This increase comes as investors speculate about the possible approval of a dedicated XRP ETF by ProShares. The mix of strong technical activity and interest from institutional investors suggests that the token could be on the verge of a major price rise. XRP Derivatives Market
The post XRP Open Interest Skyrockets Ahead Of ProShares XRP ETF Approval appeared first on CoinGape.
The post Will Ethereum Price Reach $4500, Despite Inactive Retail Interest? appeared first on Coinpedia Fintech News
After being stuck in the $2,500 range for the past few days, Ethereum price (ETH) has now finally broken above the $2,600 mark, It is now trading at $2636 with a 3% intraday rise.
The market participants are predicting another potential price rally, as it had displayed earlier this month.
Even analyst predicts that the Ethereum price is poised for $2900 short term. While in the long term, another analyst predicts that the price could go to $8000.
However, one cryptoquant analyst hints caution, the rally might still be in its early innings, as Retail hasn’t entered the arena yet. Keep reading to know more.
Ethereum price (ETH) has now broken above the $2,600 mark after taking solid support from the 200-day EMA band. It is igniting speculation about its rally to extend, which began earlier this month of May.
With Bitcoin reaching an ATH, the hunger to get more gains is keeping the investors in a bullish mode, as a result, the broader crypto market is experiencing a bullish wave, and Ethereum appears set to capitalize on this bullish wave.
The recent rally this month, accelerated from $1,792 on May 8 to peaking at $2,695 on May 14, marked a pump of over 50% in just 7 trading day sessions. Now, as ETH price is hinting at a similar rally to come, one analyst suggest it could rise as high as $2,900 in this week before the month end, only if market dynamics are favorable.
However, another analyst remain highly optimistic about Ethereum’s long-term outlook, pointing to a strong bullish pattern forming on the monthly chart. They note that a multi-year support level has shaped a pennant formation, signaling a potential surge.
Projections indicate that ETH could climb to $4,500 by 2025, and if it successfully retests this level, it may then set its sights on a multi-year target of $8,000. This milestone is expected to serve as a crucial launching pad for even greater gains in the future.
Besides, ETH crypto’s whale accumulations witnessed and low exchange reserves, also strengthening the conviction among large investors.
However, despite many expert analysts’ optimism, the caution still remains, as a CryptoQuant analyst said this Monday that since the pandemic, local tops were seen after strong retail activity.
But, in this year’s rally, Ethereum has shown a tiny flicker of retail interest, which was seen in the Q4 2024 rally, as it was advancing, Trump tariff drama flushed the gains in Q1 2025.
Analyst suggests retail crowd’s risk appetite could have dropped, and that’s why retail has not entered yet, and the analyst concludes that missing retail interest shows the rally might still be too early. But it also suggests that significant upside potential still exists for Ethereum when retail investors become more active.
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The post Will Ethereum Price Reach $4500, Despite Inactive Retail Interest? appeared first on Coinpedia Fintech News
After being stuck in the $2,500 range for the past few days, Ethereum price (ETH) has now finally broken above the $2,600 mark, It is now trading at $2636 with a 3% intraday rise. The market participants are predicting another potential price rally, as it had displayed earlier this month. Even analyst predicts that the …
The post When Will the XRP ETF Be Approved? appeared first on Coinpedia Fintech News
The wait for a spot XRP ETF is far from over, but there’s now a clearer picture of when a final decision might arrive. In a tweet, Crypto America Host Eleanor Terrett shared details of her conversation with ETF expert James Seyffart, shedding light on potential timelines for the approval of the XRP spot ETF.
James Seyffart, a well-known ETF expert, suggested that the final decision on the XRP spot ETF is expected to come around mid-October, with October 18th being a likely deadline.
However, Seyffart also noted that the SEC could make a decision before then, depending on how actively they engage with the applications. The process has been slower than expected, but this date provides a glimmer of hope for those eagerly awaiting the outcome.
While it’s possible the agency could make its move before October, Seyffart believes Q4 will likely be the most active period for crypto-related ETF decisions across the board.
This update comes shortly after the SEC delayed its decision on Franklin Templeton’s XRP ETF filing. Instead of moving forward in May, the agency has pushed the review date to June 17. For many, this delay isn’t surprising, the SEC has taken its time on Bitcoin and Ethereum ETFs, too.
But here’s the twist, the SEC doesn’t always use the full time allowed. If they engage actively with the issuers and legal teams early on, the decision could arrive sooner.
At the same time, Polymarket, a prediction platform, says there is a 78% chance the XRP ETF will be approved by 2025. This fits with what many in the crypto world believe, even though the SEC has delayed its decision.
It shows that, while the approval might take a few more years, interest in crypto ETFs is growing.
Although Brazil has recently launched the world’s first XRP ETF, called XRPH11. It is managed by Hashdex and Genial Investimentos. This move is big for the crypto world, as it shows growing interest in XRP ETFs.
This could also increase the chances of an XRP ETF being approved in the U.S. The success of Brazil’s ETF might push U.S. regulators to act sooner.
The post When Will the XRP ETF Be Approved? appeared first on Coinpedia Fintech News
The wait for a spot XRP ETF is far from over, but there’s now a clearer picture of when a final decision might arrive. In a tweet, Crypto America Host Eleanor Terrett shared details of her conversation with ETF expert James Seyffart, shedding light on potential timelines for the approval of the XRP spot ETF. …
Dogecoin charts show formation of bullish “Adam and Eve” double bottom pattern, a market structure that precedes a major breakout. This pattern emerged on the weekly chart and follows a notable DOGE price gain of 6.69% over the past seven days. The on chain metrics and other factors support this breakout. Is A Dogecoin Breakout to $1 Next? Dogecoin price targets an 88.97% breakout toward $1.08 as it completes a rare Adam and Eve double bottom on the weekly chart. The meme coin is consolidating near $0.228, following a rounded Eve bottom from mid-2022 to late 2024, and a sharp retracement and spike forming the v-shaped Adam structure in early 2025. The Adam and Eve pattern is a bottoming structure that typically marks the end of a prolonged downtrend. It comprises two distinct troughs — a rounded “Eve” followed by a steep “Adam”, which usually signals a shift in momentum… Read More at Coingape.com
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