# XRPETFGoesLive

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Gate Square Creator Incentive topic! XRP ETF will go live this Thursday. What does it mean for XRP? Join and post now to grab $5,000 👉 https://www.gate.com/campaigns/1953

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🌕 Gate Square · Mid-Autumn Creation Incentive Day 8 Bounty Topic Announcement - #XRP ETF上线 !
Create and light up the Mid-Autumn Festival, post with trending topics, and share $5,000 Mid-Autumn gifts! 🎁
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💝 New users who post for the first time and complete interaction tasks can share in the $600 newcomer prize pool!
🔥 Day 8 Hot Topic: XRP ETF Launch
The REX-Osprey XRP ETF (XRPR) has been confirmed to launch this week! XRPR will be the first spot ETF tracking the performance of the third largest cryptocurrency, XRP, launched by
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CryptoFiler:
the hot topics are getting more excited and profitable for the traders to earn from the crypto world .
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Analyst Liang Qiu: After a rapid decline of Bitcoin and Ethereum on 9.23, they are now in a sideways consolidation; the market has not yet stabilized.
Bitcoin and Ethereum began to decline rapidly in the early session after finishing the weekend sideways consolidation yesterday. They then started to move sideways again, but the overall rebound strength is not strong, and the trend remains weak. There is still further space for decline in the market, especially in the case of Bitcoin, which has repeatedly tested the 113500 support-resistance conversion level after breaking it, showing high vola
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GateUser-e56dabd4:
Analyst Liang Qiu: On September 23, Bitcoin and Ethereum quickly fell and then moved sideways; the market has not stabilized yet.
After Bitcoin and Ethereum ended the weekend's sideways movement yesterday, they began to quickly drop in the morning with Long Wick Candle, and then started to move sideways. However, the overall rebound strength is not strong, and the trend remains weak. The market has further dip space, especially for BTC, which broke the 113500 support-resistance conversion level and has repeatedly tested this level before retreating, and currently, the rebound lacks strength.
In terms of Candlestick patterns, the daily chart shows a continuous decline and is currently in a low-level sideways state. In the 4-hour chart, after several Bearish lines, there is a slight rebound, but overall it has not broken through the previous important resistance area. Technical indicators in the 4-hour cycle show that both DIF and DEA are negative, and although the histogram has narrowed, it remains below the zero line, indicating that short positions are dominant; the daily MACD is also in a death cross state, making it difficult to quickly reverse in the short term.

Trading suggestions: Enter short positions near Bitcoin 112300 to 112800, with a target around 111000; enter short positions near Ethereum 4160 to 4180, with a target around 4080.
#美联储降息25个基点##BTC战略储备市场影响##XRP ETF上线#
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🌕 During the festive season, good news arrives as the crypto market welcomes another heavyweight product! The REX-Osprey XRP ETF (XRPR) officially debuts this week, becoming the world's first Spot ETF tracking XRP, launched concurrently with the DOGE ETF (DOJE).
🚀 First reaction: expected yet still exhilarating
As an established third-largest cryptocurrency, XRP has long lacked institutional-grade investment tools. Although Bitcoin and Ethereum ETFs have already been launched, XRP has struggled to break through due to regulatory uncertainties. The launch of XRPR not only fills a product
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