XRP is currently trading above $2.50, with optimism surrounding the potential approval of the Bitwise XRP spot ETF and institutional interest increasing. However, a significant escrow unlock of 1 billion XRP on November 1st introduces potential selling pressure. Technical analysis indicates a bearish continuation setup, but a breakout above $2.72 could signal a bullish reversal.
- Bitwise’s XRP ETF filing includes a NYSE listing and 0.34% management fee.
- Armada Acquisition Corp. II plans a $1 billion strategy for XRP adoption.
- A 1 billion XRP unlock is scheduled for November 1st, typically with 70-80% re-locked.
## ПРАКТИЧЕСКИЕ ВЫВОДЫ
- Consider a short position below $2.26 with a stop-loss above $2.72, targeting $2.02 and $1.77.
- Monitor ETF approval news for potential price impact.
- Be aware of potential short-term volatility around the November 1st unlock.
