XRP ETF Activity Suggests Big Move Ahead, Analyst Says
Market analyst identifies XRP price pattern tied to U. S. ETF trading hours schedule XRP surged 10. 39% during trading hours yesterday, then consolidated after close Four XRP ETFs have pulled $586M in cumulative inflows since November 13 debut XRP ETF launches have not delivered the immediate price surge many investors anticipated, but one market commentator has outlined how these products could establish the foundation for a future price rally. Chad Steingraber, a community analyst and game designer, recently highlighted a pattern connecting ETF trading sessions to XRP price movements. Four spot XRP ETFs currently trade in the United States. Canary Capital launched the first product on November 13, followed by Bitwise one week later. Grayscale and Franklin Templeton added their funds on November 24. These products have attracted $586 million in combined net inflows, surpassing the total captured by six Solana ETFs that launched earlier. Price Action Aligns With U. S. Trading Sessions XRP declined alongside the broader crypto market after the initial ETF launches. The token has recovered more than 8% over the past 24 hours, though some observers attribute this rebound to general market conditions rather than ETF-driven demand. Steingraber stated that XRP’s price appears to increase slightly when ETF trading hours begin. He claimed that these small gains during trading sessions make the ETF products “look phenomenal” in terms of performance metrics. This seven-hour run delivered a 10. 39% gain, pushing XRP to a one-week high. Following the close of U. S. trading, the rally stalled and prices entered consolidation. Steingraber noted that after trading closes, XRP’s price tends to flatten or correct. He suggested the price resumes its climb when trading opens again. According to the analyst, these incremental gains during trading hours could generate momentum for a larger price movement. “This builds up momentum and the narrative for a full price explosion in a few months or less,” Steingraber stated. He later claimed that XRP ETFs could serve as vehicles for increasing the token’s value “for global utility and liquidity access” in the coming months.
https://bitcoinethereumnews.com/tech/xrp-etf-activity-suggests-big-move-ahead-analyst-says/
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