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- ๐ Gate Square ยท Creator Incentive Program Day 8 Topicโ #XRP ETF Goes Live# !
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๐ฅ Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the worldโs third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas, - ๐ Gate $PUMP Futures Trading Challenge is Now Live!
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๐ Ends at 16:00, Sep 17 (UTC)
๐๐ฎ๐ป #๐๐ง๐# ๐๐ผ๐น๐ฑ ๐๐ฏ๐ผ๐๐ฒ $98,850 ๐ณ๐ผ๐ฟ ๐ ๐ผ๐ฟ๐ฒ ๐๐ฎ๐ถ๐ป๐?
Bitcoin (BTC/USD) is trading at $98,399, attempting a breakout from a symmetrical triangle pattern. If BTC holds above $98,892, it could rally toward $100,594, a key resistance level aligned with the Fibonacci 0.618 retracement.
The 50-EMA at $97,277 is providing support, keeping the bullish momentum intact. A drop below $97,183 could lead to further losses, with $95,089 as the next major #support# .
#Traders# should watch for buying volumeโa strong push above resistance could confirm the breakout, while weak momentum may keep BTC range-bound.
Technical Outlook:
โขBTC must stay above $98,892 to sustain bullish momentum.
โขThe 50-EMA at $97,277 acts as immediate support.
โขA break below $97,183 could send BTC toward $95,089.
Bitcoinโs short-term trend hinges on breaking resistance, with a potential move toward $100,500 if buying pressure increases.
#HotTopicDiscussion# #BTC#