Key facts: SEC to Rule on XRP ETFs; XRP Trades at $2.86 Amid Liquidations
Less than 1 min read
- The SEC will decide on six XRP ETF applications, including Grayscale and WisdomTree, from October 18 to 24, sparking major interest among traders.1
- XRP trades at $2.86, facing bearish pressure but showing signs of recovery. Key resistance lies between $2.92 and $3.00, with potential for a rally to $3.30-$3.50.2
- XRP faced major liquidations of about $708 million amid a recent market crash, contributing to over $19 billion in total liquidations across the cryptocurrency sector.34