XRP Gets Yet Another Spot ETF, But One Chart Pattern Flashes Danger

Benzinga11-25

XRP (CRYPTO: XRP) is tightening into its biggest technical squeeze in months, just as Grayscale's new ETF makes its debut on Monday.Institutional Demand Builds As XRP ETF Wave AcceleratesGrayscale has...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2586917844?lang=en_US&edition=fundamental","thumbnail":"https://www.benzinga.com/files/images/story/2025/11/24/XRP-Ripple.jpeg","is_english":true,"pubTime":"2025-11-25 01:45","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2586917844","market":"us","top_or_hot":-1,"title":"XRP Gets Yet Another Spot ETF, But One Chart Pattern Flashes Danger","media":"Benzinga","content":"<div>\n<p>XRP (CRYPTO: XRP) is tightening into its biggest technical squeeze in months, just as Grayscale's new ETF makes its debut on Monday.Institutional Demand Builds As XRP ETF Wave AcceleratesGrayscale has...</p>\n\n<a href=\"https://www.benzinga.com/crypto/cryptocurrency/25/11/49038373/xrp-gets-yet-another-spot-etf-but-one-chart-pattern-flashes-danger\">Source Link</a>\n\n</div>\n","source":"Benzinga","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>XRP Gets Yet Another Spot ETF, But One Chart Pattern Flashes Danger</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nXRP Gets Yet Another Spot ETF, But One Chart Pattern Flashes Danger\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-11-25 01:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/crypto/cryptocurrency/25/11/49038373/xrp-gets-yet-another-spot-etf-but-one-chart-pattern-flashes-danger><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>XRP (CRYPTO: XRP) is tightening into its biggest technical squeeze in months, just as Grayscale's new ETF makes its debut on Monday.Institutional Demand Builds As XRP ETF Wave AcceleratesGrayscale has...</p>\n\n<a href=\"https://www.benzinga.com/crypto/cryptocurrency/25/11/49038373/xrp-gets-yet-another-spot-etf-but-one-chart-pattern-flashes-danger\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00B19Z4B17.USD","symbol_name":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY \"A\" (USD) ACC","start_time":0,"source_url":"https://www.benzinga.com/crypto/cryptocurrency/25/11/49038373/xrp-gets-yet-another-spot-etf-but-one-chart-pattern-flashes-danger","article_id":"2586917844","we_media_id":null,"thumbnails":["https://www.benzinga.com/files/images/story/2025/11/24/XRP-Ripple.jpeg"],"rights":{"source":"Benzinga","url":"https://www.benzinga.com/crypto/cryptocurrency/25/11/49038373/xrp-gets-yet-another-spot-etf-but-one-chart-pattern-flashes-danger","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2586917844","pubTimestamp":1764006346,"columns":[],"sourceInfo":{"source_id":"Benzinga","name":"Benzinga Cypto"},"weMediaInfo":null,"summary":"XRP (CRYPTO: XRP) is tightening into its biggest technical squeeze in months, just as Grayscale&#39;s new ETF makes its debut ","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"IE00B19Z4B17.USD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY \"A\" (USD) ACC","BK4550":"红杉资本持仓","BK4588":"碎股","BK4594":"比特币ETF概念","BK4601":"加密货币现货ETF","GTLS":"查特工业","IE0031619046.USD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY \"A\" (USD) INC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","BK4161":"工业机械","PEGI":"Pattern Energy Group Inc.","LU0823414478.USD":"法巴经典能源转换基金","IE00BFMHRM44.USD":"NEUBERGER BERMAN GLOBAL EQUITY MEGATRENDS \"A\" (USD) ACC","LU2211815571.USD":"ALLIANZ POSITIVE CHANGE \"AT\" (USD) ACC","IE00B7SZL793.SGD":"Legg Mason Royce - US Small Cap Opportunity A Acc SGD-H","BK4585":"ETF&股票定投概念","FDN":"First Trust Dow Jones Internet I","XRP":"Bitwise XRP ETF","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","IE00B66KJ199.SGD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY  \" A\" (SGD) ACC","LU2048586759.USD":"ALLIANZ SMART ENERGY \"AT\" (USD) ACC","LU2355687059.USD":"NORDEA 1 GLOBAL IMPACT  \"BP\" (USD) ACC"},"translate_title":"XRP获得另一只现货ETF，但一种图表模式闪烁着危险","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GTLS":1.5,"PEGI":1.5,"FDN":1.5,"XRP":1.5},"content_text":"XRP (CRYPTO: XRP) is tightening into its biggest technical squeeze in months, just as Grayscale's new ETF makes its debut on Monday.Institutional Demand Builds As XRP ETF Wave AcceleratesGrayscale has introduced its Grayscale XRP Trust ETF on NYSE Arca under the ticker GXRP, converting the vehicle from a private placement first introduced in September 2024. The company said the ETF is intended to provide \"straightforward exposure\" to XRP, the fourth-largest cryptocurrency by market capitalization.Krista Lynch, senior vice president of ETF Capital Markets at Grayscale, said the launch broadens access to the growing XRP ecosystem. The debut follows similar XRP ETF rollouts by Canary Capital and REX Shares, joining a wave of new offerings tied to digital assets.Legal Overhang Clears After SEC Case EndsXRP's regulatory narrative shifted this year after Ripple and the U.S. Securities and Exchange Commission dropped remaining appeals in their long-running court battle. A previous ruling found that Ripple's programmatic sales on exchanges did not violate securities laws but that certain direct institutional sales did.Under the second Trump administration, the SEC adopted a changed posture toward cryptocurrency, including dropping investigations, hosting industry roundtables, and advancing \"Project Crypto\" to update digital asset rules. The shift has accelerated ETF approvals and conversions across the sector, including several Grayscale products tied to Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), Dogecoin (CRYPTO: DOGE), and Solana (CRYPTO: SOL).XRP Price Tightens Inside Descending TrianglePrice Prediction for XRP as of November 24th (Source: TradingView)XRP trades near $2.09, up about 2% on Monday. Price remains trapped inside a large descending triangle that has guided price action since August. Sellers continue to defend the down-sloping trendline, while buyers have repeatedly stepped in near a rising support base around $1.9.The 20-, 50- and 100-day EMAs at $2.19, $2.38 and $2.53 form a stacked resistance cluster that has capped every rebound over the past month. The Supertrend indicator also stays red, reflecting persistent downside bias. Until XRP closes above the Supertrend level, the trend has not changed. Every rally inside a red Supertrend zone is considered a short-lived bounce rather than a real shift in direction.XRP Netflows (Source: Coinglass)Coinglass data shows $22.96 million in net outflows on November 24, extending months of negative spot flows. When this pattern holds for weeks, it usually means confidence is weakening and buyers are unwilling to commit during rallies.Breakdown Risk At $1.9, Resistance Test At $2.19The base of the triangle near $1.9 remains the key level for investors. A clean break below this support would confirm a new leg lower toward $1.7 and potentially $1.5. For buyers to regain momentum, XRP must first reclaim $2.19 and then close above the descending trendline near $2.4.Until those conditions are met, chart structure continues to favor sellers despite short-term bounces.Loading...Loading...Read Next: \nTrump-Established Bitcoin Reserve And ‘Digital Asset Stockpile’ May Be Underwater\nImage: Shutterstock$XRPRipple - United States dollar$2.196.88%Overview$BTCBitcoin - United States dollar$87939.581.30%$DOGEDogecoin - United States dollar$0.15094.08%$ETHEthereum - United States dollar$2921.864.31%$SOLSolana - United States dollar$136.344.45%Market News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.11","shortVersion":"4.35.11","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2586917844","isCrawlerRequest":true}