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- 🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
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🔥 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 world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas, - 🚀 Gate $PUMP Futures Trading Challenge is Now Live!
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Announcement link: https://www.gate.com/announcements/article/47104 - 🌕 Gate Square · Mid-Autumn Creator Incentive Program is Now Live!
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Analysis: ETH/BTC is forming a bullish "cup and handle" pattern, with a key resistance level of 0.02596
BlockBeats news, on May 31, according to Cointelegraph, analysts say the ETH/BTC Exchange Rate is forming a bullish "cup and handle pattern" and a "bull flag", indicating a rise potential of 30% to 55%. If the ETH/BTC Exchange Rate breaks through key resistance levels, it could trigger a large-scale altcoin season similar to that of 2017 and 2021. From a Technical Analysis perspective, if ETH/BTC breaks the neckline at 0.02596, the target price can be seen at 0.03814, with a potential rise of 55%, and the time window is July. This target level aligns with the resistance level in December 2024.