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- 🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas, - 🚀 Gate $PUMP Futures Trading Challenge is Now Live!
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Announcement link: https://www.gate.com/announcements/article/47104 - 🌕 Gate Square · Mid-Autumn Creator Incentive Program is Now Live!
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1️⃣ Post with the hashtag #Gate Square Mid Autumn Creator Incentive# .
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💰 BTC/USDT 1H – Analysis update
As we anticipated in the previous analysis, Bitcoin was close to a possible reversal, and indeed we saw a rebound that partially validated that hypothesis.
1️⃣ The support at $103,000 has held, acting as a defense zone by the bulls.
2️⃣ Currently, the price is forming a descending wedge or short-term bearish channel, a pattern typically considered a bullish continuation.
📈 A bullish breakout from this structure could lead the price to seek at least a new higher high, aligning with a sequence of ascending lows that started after the support.
We remain attentive. The structure is set, now it's up to the market to decide.