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Xrp ETF is going to change everything You know about xrp's price and xrp's Place in the Global Financial system in This video I'm going to give you the Exact timeline for an xrp ETF and when Exactly you should sell your xrp so you Don't lose out on all of your gains Let's dive right into the major news Here xrp ETF getting closer with this Major development and we're talking About a Chicago derivatives exchange bit Nomial setting to launch USD cash Settled future contracts for xrp it's Going to be under the xus ticker now Bitnomial they have notified the cftc That's the US governing body controlling Futures contracts so they've already Notified the right governmental agencies And the contracts will be cleared Through the derivatives clearing Organization that is also registered With the cftc now remember at the end of The video I'm going to tell you exactly When to sell your xrp but we're going to Look at some moonshot price targets as Well and we might make fun of them now You might remember in May the CEO Brad Garlinghouse he stated that the launch Of an xrp based exchange traded product Was inevitable in the US now I told you I have a timeline on when exactly the Xrp ETF is going to launch and for us to Determine that we're going to just look At the most recent crypto ETF which is
Ethereum ethereum launched in the last Part of July and so we can use that as a Template on when xrp can launch its ETF Now xrp they have their future based Cash settled ETP product is launched When did eth have its cash base future Launch product and what is the timeline Between the launch of that product and The recent launch of the actual eth ETFs At the tail end of July well here is not The best news they actually started Trading these years ago and so you can See the CME Group Chicago merkantil Exchange they started cash settle Contracts all the way 6 years ago and so Does this mean xrp is going to have to Wait 6 years for an ETF quite possibly Everybody so you need to be careful when You see some of these price targets I've Seen you know just a few off the top of My head here we have one from X57 xrp I've long told you it is Cheating if you use a log chart so you Can't use a log chart for some of these Regression bands also we have xrp Hitting $154 from another post here and then That's not bullish enough I want to see My xrp hit above $200 hey it's more than To rise above 200 wrong wrong wrong xrp Is not going to be hitting $200 anytime Soon but I actually do have the price Target where I would start selling and That's going to be around A110 why do I
Want to sell my xrp actually before A10 Well there's millions of dollars in call Options meaning they are calling on it To go higher they are not trying to put It down we have calls and puts and so It's listed on derit this is the highest Across all available matur so we have a Lot of whales betting on xrp going to A110 does that mean it's going to go to A110 well I'm going to tell you exactly Why I think it's going to go where it Goes now Traders have locked in like I Said millions of dollars here and this Is largely reflecting the ETF optimism Now I just told you why that maybe is Too optimistic to think that's going to Be happening soon it took eth 6 years It's going to take xrp years as well This isn't something that's going to Happen in the next 12 months there's a Bet for the prices will double by the End of the month and the call option for A110 is going to expire on August 28th So we have a very short timeline for xrp To just do some giga pumps now let's Talk about this dollar 10 Target so I Pulled up the xrp price chart and we're Looking at the daily chart here on Trading view my favorite site to check Crypto prices here now this line you're Seeing this vertical line is A110 and Then this line right here is just the Long-term trend line xrp has been Bouncing along since June 22 and you can
See the date right there on the bottom We've been just kind of trading sideways For a while now we're talking about over 2 years at this point now we came really Really close to what I consider a great Buying Zone with the recent Wick about a Week and a half ago you can see it came Close but not quite to the levels where I you know it say this is a good trade Let's talk about the trades right now so A doll1 is the target to the upside and Why is a do a dollar 10 an important Number a dollar 10 has acted as support Or resistance several several times here Now here you you can see this is all the Way back in 2021 it's kind of when this Uh started to be an important Zone and Here you can see it acted strongly as Resistance couldn't quite get those Candles above it but when it did it just Blasted through like there's no tomorrow And then later acted as support only Closing one daily candle below and then Boom shot right up above you can see it Was a point of uh contention right there And then yet again acted as resistance And then yet again acted as support and Then yet again acted as resistance so it Looks like it's going to be used as Resistance again now I would not wait For A110 in fact I would be more Aggressive with my profits and I'll tell You exactly where I think I would sell Now this is the recent Spike from the
SEC judgment and when they said you know You don't have to pay as billions of Dollars just about $190 million that was A very good news for xrp now you see This Giga candle this is when they got Their first semi Victory against the SEC And they just recently had another Victory it doubled overnight you can see You know really really close to 100% Pump there this would be what I would Use as you know important metric to take Profits I think a lot of Traders you Know see doar 10 we got millions of Dollars betting on to hit a dollar 10 a Lot of people are going to want to take Profit before a dollar and so you know Maybe they take profit 90 95 cents but a Lot of people are going to want to take Profit before the previous all-time high Essentially everyone regrets not selling This area and so I think a lot of people Are going to sell when we get near this Area but I think they're going to try to Front run it and start selling in the 80 To 85 Cent range and so that is exactly Where I would take my short-term xrp Profits now if you're a long-term Believer I still think you should sell Some at 85.9 I think there will be a Pullback for you to get in cheaper don't Worry you're not going to miss out on it Going to $200 if you take some profits It's not going to do that now let's talk About you know maybe the other side of
The coin and that's a bearish scenario Here and to do that we're looking at xrp BTC this is xrp priced in Bitcoin and You can see each xrp is worth a very Small fraction of a Bitcoin now we just Had some bullish Divergence and I did a Video on it and I said folks xrp is Going to jump against Bitcoin is going To gain against Bitcoin people in the Comments said Dey or wrong xrp is going To fail there's no way it's going to Gain against Bitcoin and I said folks I'm seeing it in the charts and I see Something else in the charts I want to Share but that's the bullish Divergence That I posted about we did a video about And you ended up having a insane gain Against Bitcoin your xrp you know if you Timed it right gains 75% against Bitcoin And so there was opportunity in xrp There now we're seeing something bearish In the charts and it's a little bit of a A hidden bearish Divergence now if this Was going more sharply down I would say You know very clean bearish Divergence But you see the prices are heading Higher while the tops of the RSI is flat And it's actually you know slightly to The downside it's just hard to tell and So this is bearish what happened last Time we saw this well folks we got to go Back a couple years here and then you Can see it right here in the charts now This is May 2021 so we're going back
About over 3 years the prices went Higher as the RSI went lower and what Ended up happening to xrp it fell a Decent amount about 50% you see it fell 58% in the short term and even shorter Term a little bit more than a month it Also fell you know about 57% % right There so xrp lost 57% of its satoshis in A 30-day period so I see another bearish Uh you know angle playing out here if it Were to fall but let's just say about 50% uh you're looking at you know Getting all the way down to even lower Levels than we were before so I think There's a slight correction with the xrp BTC chart specifically but I don't want To end on a sour note you xrp holders I Know there's a lot of you watching right Now and you say dey you're always Bearish on xrp no that is not the case In fact I told you it was going to pump Against Bitcoin and it did there's Another gold pot at the end of this Rainbow and that's the xrp dominance Chart that I see nobody talking about But de's bringing it to you today Xrp.com Market cap that xrp makes up you can see Boy were there years when xrp was the The the bees knees if you will you can See xrp was almost onethird of the Entire crypto Market's value that is Insane right right now limping along at 1 12% but folks I said I have something
Bullish for you so let me point that out Now I am seeing bullish divergences we Just talked about that with xrp BTC you Can see the price is heading down as the RSI is heading up let's look last time This happened you can see the price the Bottoms formed a lower bottom as the Bottoms of the RSI were creating higher Highs now let's measure this move right Here to determine how high can xrp go Xrp went from 1.13% all the way up to almost 4% of the Entire crypto market cap folks I think This is actually doable right now you Can see we bottomed out here very very Low 1.06% and we actually shot up to 1.79 But I don't think the pump is done yet I Think we could actually get closer to The 3% Mark which seemed to be you know A little bit of a resistance area which I find pretty interesting so I think xrp Is going to start dominating the market It's relatively speaking here I think It's going from 1% to 3% of the entire Crypto market cap so there are going to Be better days ahead for xrp I just Don't think it's going to $200 and I Wouldn't wait for A110 to start taking Profits I'd be a little bit more Aggressive with my profit taken Strategies but do not sleep on the xrp ETF just you know maybe don't expect it To launch tomorrow remember eth went
From 2018 all the way to 2024 from the Cash based future ETP products to the ETFs that we're seeing today day so xrp ETF your Grandma's not going to be Buying it in 2024 but she might be Buying it one day folks so if you're Holding xrp you're wondering when can I Flee this ship or when is it going to Change the world hit that like button I Appreciate it and I'll see you and your Xrp bags at 80s
