After an eventful period, XRP seems to be recovering again

According to analyst Edoardo Farina, it is absolutely not the time to dump your tokens. The well -known founder of Alpha Lions Academy out on X are worries about investors who do sell their XRP. He states that they will regret it in the coming months.

After a turbulent period, XRP is recovering again. The well-known founder of Alpha Lions Academy is now warning investors who want to sell their tokens.

What went up must come down, and vice versa. After an eventful period, XRP is recovering again. After hitting a high of $3.39 in January, the token fell to a low of around $1.65 earlier this month. A few weeks later, the token has recovered significantly. At the time of writing, the digital currency is trading at a value of $2.21.

According to crypto analyst Edoardo Farina, we can say that the low point is now behind us. The negative pressure on the market, such as geopolitical unrest and American trading rates, has largely been worked out. “The graphs already tell the story,” says the founder of Alpha Lions Academy optimistically on X.

Some powerful macro-economic signals are further fueling Farina’s confidence. Large central banks, such as the Federal Reserve (FED) and their counterpart in China, are once again injecting trillions into the financial system. All that fresh money will provide extra oxygen in the market, and risky assets such as XRP can benefit greatly. Especially now that the US dollar is losing strength, the timing seems perfect.

But it’s not just the macro-economic developments. Something big also seems to be brewing in the realm of institutional adoption. Persistent rumors suggest that the launch of an XRP Spot Exchange Traded Fund (ETF) could be closer than ever, perhaps even next month. If true, XRP would become the third crypto coin, after Bitcoin (BTC) and Ethereum (ETH), to have its own spot ETF in the United States, a significant milestone!

News data source: kdj.com

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