BTCC
/
BTCC Square
/
CoindeskEN
/
XRP Plunges 8% as $3 Resistance Holds Firm—Just Days Before ProShares ETF Goes Live
XRP Plunges 8% as $3 Resistance Holds Firm—Just Days Before ProShares ETF Goes Live
6
1
XRP hits a wall at $3—and the market isn't waiting around. The token nosedived 8% as traders bailed ahead of the ProShares ETF launch, proving once again that crypto 'milestones' often precede pain.
Why the sell-off? Classic buy-the-rumor, sell-the-news behavior. With institutional money poised to enter via the ETF, retail traders are cashing out early—leaving Wall Street to play with the pieces.
What's next? If $3 resistance holds post-ETF, brace for another leg down. If it breaks? Even the bulls won't trust the rally until banks start tweeting moon memes.
By:
