Close Menu
  • Business
  • Black Business
  • SMALL BUSINESS
  • BANK/FRAUD FINANCIAL CRIMES
  • Celebrities
  • CRYPTO
  • DEBT
  • Entrepreneur
  • ESTATE PLANNING
  • FRANCHISE
  • Gossip
  • GLOBAL ECONOMY
  • Music
  • MUTUAL FUNDS
  • Political
  • Pop Culture
  • PERSONAL FINANCE
  • Wall street
  • Privacy Policy
  • Business News Disclaimer
  • Contact Us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Terms and Condition
What's Hot

President Trump Says Sean “Diddy” Combs Asked For A Pardon

HBCUMADE App Launches Homecoming Concierge

How The Pooh Shiesty Mask Became A Cultural Phenomenon

Facebook X (Twitter) Instagram
Trending
  • President Trump Says Sean “Diddy” Combs Asked For A Pardon
  • HBCUMADE App Launches Homecoming Concierge
  • How The Pooh Shiesty Mask Became A Cultural Phenomenon
  • Cardi B Gets Candid About The End Of Her Marriage To Offset
  • ‘Alien: Rogue Incursion – Part One: Evolved Edition’ Review
  • Klay Thompson & Megan Thee Stallion Drop PDA-Filled IG Posts
  • 'Hostage' Review: From a Place of Darkness
  • Trump Considers Ghislaine Maxwell Pardon After SCOTUS Denial?
Facebook X (Twitter) Instagram YouTube
THE MIRROR OF MEDIA
  • Home
  • Accounting
  • Banking
  • Business
  • Political
  • Crypto
  • Real Estate
  • Ecommerce
  • Entrepreneur
  • Investment
  • More
    • Music
    • Gossip
    • Pop Culture
    • Wall street
    • IPO’S
    • Mortgage/Loans
    • Venture Capitalists/Angel Investors
THE MIRROR OF MEDIA
You are at:Home»CRYPTO»Last Chance To Get In As Accumulation Balloons
CRYPTO

Last Chance To Get In As Accumulation Balloons

adminBy adminNo Comments3 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
Share
Facebook Twitter LinkedIn Pinterest WhatsApp Email


Analyst Austin Hilton has sounded a major XRP warning even as the price continues to consolidate. He declared that this is the last chance to get into the altcoin before its price goes on a parabolic run. 

Last Chance To Get In On XRP Before Its Q4 Bull Run

In a YouTube video, Austin Hilton warned that this is the last chance for investors to accumulate XRP before its major bull run in the last quarter of this year. He noted that September was expected to be a slow month with little action from the altcoin, especially as investors wait on a Fed rate cut. 

Related Reading

The analyst further remarked that the altcoin has even outperformed expectations this month, considering that it was able to reclaim the psychological $3 level and has held well above support levels. However, Austin Hilton predicts that a greater run lies ahead for the altcoin, with liquidity set to return in the fourth quarter from both retail and institutional investors. 

Another bullish fundamental he alluded to is the fact that XRP is being taken off exchanges, which indicates that crypto whales are actively accumulating the token. This could lead to a supply shock, which could serve as a catalyst for higher prices. Bitcoinist reported that Coinbase’s reserves have crashed by 90% as whales move tokens off the exchange to hold for the long term. 

Meanwhile, four major crypto exchanges, including Binance, saw massive demand earlier in the month, leading them to add 1.2 million coins to meet this demand. The CryptoQuant analysis that pointed this out noted that the demand might have been coordinated and might have come from institutions. This comes ahead of the potential XRP ETFs launch, which is bullish for the altcoin’s price. 

Institutions Set To Flow Into The Altcoin With ETF Launch

Institutions are set to inject new capital into the ecosystem with the launch of the first spot XRP ETF, which is happening this week. REX Shares confirmed that its REX-Osprey XRP ETF (XRPR) is coming this week. It noted that this will be the first U.S. ETF to deliver investors spot exposure to XRP. 

Related Reading

Bloomberg analyst James Seyffart stated that the REX-Osprey XRP ETF isn’t a “pure” spot ETF. He explained that it will hold spot directly and other spot XRP ETFs from around the world to get its exposure. The analyst also noted that the fund’s prospectus includes language that would allow it to invest in derivatives for exposure if needed. However, that won’t be the primary exposure method. 

The spot XRP ETFs could get a SEC approval in October, which is another factor that could serve as a catalyst for higher prices for the cryptocurrency heading into the fourth quarter. Seven fund issuers are currently awaiting the SEC’s approval to offer a 100% spot XRP ETF. 

At the time of writing, the XRP price is trading at around $2.97, down over 2% in the last 24 hours, according to data from CoinMarketCap.

XRP
XRP trading at $3.04 on the 1D chart | Source: XRPUSDT on Tradingview.com

Featured image from Adobe Stock, chart from Tradingview.com



Source link

Share. Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Telegram Email
Previous ArticleWhen Will ‘Little Miss Drama’ Be In My City?
Next Article La Familia Project Is Building Equity, Culture & Community
admin
  • Website
  • Facebook

The most informative business website online.

Related Posts

DeFiLlama Delists Aster’s Perpetual Futures Data Following Wash Trading Suspicions

Pundit’s ‘Outrageous’ $170,000 Target For XRP Price Draws Attention, Says Don’t Use ‘Old World’ Math

BNB Chain Dethrones Solana in Daily Fees After Aster DEX-Fueled Surge

Comments are closed.

Don't Miss
Pop Culture

President Trump Says Sean “Diddy” Combs Asked For A Pardon

President Donald Trump said that Sean “Diddy” Combs has asked him for a pardon after…

HBCUMADE App Launches Homecoming Concierge

How The Pooh Shiesty Mask Became A Cultural Phenomenon

Cardi B Gets Candid About The End Of Her Marriage To Offset

‘Alien: Rogue Incursion – Part One: Evolved Edition’ Review

Klay Thompson & Megan Thee Stallion Drop PDA-Filled IG Posts

'Hostage' Review: From a Place of Darkness

Trump Considers Ghislaine Maxwell Pardon After SCOTUS Denial?

The Messiness Between Kalybriah & Edmond

Furniturebox secures £1m Barclays funding to drive innovation

NLE Choppa Responds To Child Neglect Allegations, Calling Cap

Offset Finally Shuts Down Rumors He Slept With Saweetie

CDC’s New COVID-19 Vaccine Guidelines Requires Consultation

Benny Johnson Posts AI Video of Himself Assaulting Migrants

The Alchemist & Hit-Boy Announce Joint Album ‘Goldfish’

About Us
About Us

LewLewBiz delivers practical insights on entrepreneurship, finance, and business operations. Explore expert advice on payroll, landlord strategies, and industry news to empower your financial decisions and business growth.

We're accepting new partnerships right now.

Email Us: lewlewmedia@gmail.com
Contact: lewlewmedia@info.com

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

President Trump Says Sean “Diddy” Combs Asked For A Pardon

HBCUMADE App Launches Homecoming Concierge

How The Pooh Shiesty Mask Became A Cultural Phenomenon

Most Popular

Bollywood Meets Cricket: Indian Actresses Who Tied The Knot With Cricketers

Jay Electronica Surprise Drops New Project ‘A Written Testimony: Leaflets’: Stream

JuanHand earns Green Flag recognition from Filipino Fair Loans Advocacy Group (FILFLAG)

© 2025 lewlewmedia since 2016
  • Business
  • Black Business
  • SMALL BUSINESS
  • BANK/FRAUD FINANCIAL CRIMES
  • Celebrities
  • CRYPTO
  • DEBT
  • Entrepreneur
  • ESTATE PLANNING
  • FRANCHISE
  • Gossip
  • GLOBAL ECONOMY
  • Music
  • MUTUAL FUNDS
  • Political
  • Pop Culture
  • PERSONAL FINANCE
  • Wall street
  • Privacy Policy
  • Business News Disclaimer
  • Contact Us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Terms and Condition

Type above and press Enter to search. Press Esc to cancel.