Will XRP’s Next Big Cycle Begin With an ETF Approval?
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- XRP could follow Bitcoin’s four-year cycle, showing weekend trading patterns.
- CEO Sal Gilbertie expects XRP ETF approval this year, maybe after September.
- Ripple banking license and cross-border payments adoption could boost XRP growth.
The idea of market cycles has long shaped the way traders view Bitcoin and other top cryptocurrencies. Some experts believe in the four-year cycle tied to Bitcoin’s halving, which often influences the crypto market.
On the Paul Barron Podcast, Teucrium Trading’s CEO, Sal Gilbertie, was asked whether a new cycle could be forming for XRP, similar to the four-year cycle often seen with Bitcoin. He explained that while crypto cycles are not as clear as those in traditional markets, the four-year trend does hold some weight. He also pointed out that weekend trading often shows repeated patterns across different coins, which short-term traders should pay attention to.
XRP ETF on the Horizon
One of the biggest questions around XRP right now is the approval of an exchange-traded fund (ETF). Sal said that there’s a strong chance the SEC could give the green light this year. While September is a popular target, delays rema…
The post Will XRP’s Next Big Cycle Begin With an ETF Approval? appeared first on Coin Edition.
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