Ripple’s New ETF Could Be Key to Reversing the Downward Trend

Recent developments surrounding XRP, including a new exchange-traded fund (ETF) launch, offer hope for reversing the bearish trend currently gripping the cryptocurrency market. While short-term price fluctuations remain notable on lower timeframes, analysts at EGRAG CRYPTO highlight an optimistic outlook based on the long-term technical and regulatory landscape of Ripple’s XRP.