XRP is bracing for a pivotal week as the SEC will decide on ETF applications from major institutions, including Grayscale. Ripple’s strategic acquisitions aim to enhance institutional trust, yet short-term price performance remains lackluster.
Despite bullish developments, the market’s risk-off stance suggests potential long squeezes and volatility for XRP. Recent whale activities indicate strategic positioning ahead of these developments, emphasizing the need for investor caution.
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