📈 XRP targets $4.19

What we’ll cover today:

🚀 XRP aiming for $4.19 breakout

⛽ ETH ETFs hit pause with $59M outflows

🎲 Gemini files IPO despite $282M losses

XRP’s Big $4.19 Dream 🚀

Ripple’s token XRP is chilling at $2.80 support, but traders think it’s secretly planning a rocket ride to $4.19.

🚨Breaking News: XRP’s pullback might just be the warm-up. If it holds $2.80, Fibonacci magic points to a $4.19 breakout.

⚡Wire Simplified:

• XRP peaked at $3.60 but cooled down to test support.

• Key level: $2.80, if it stays strong, bulls win.

• Fibonacci (crypto’s math wizard) shows $4.19 as the next stop.

• Buyers are stepping in early, showing strong demand.

• History says XRP loves big rallies after these setups.

✔️Straight to the Point: XRP looks primed for another rally. If $2.80 holds, a trip to $4.19 might be on the cards.

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Ethereum ETFs Hit the Brakes ⛽️

After eight days of nonstop money inflows ($3.7B!), Ethereum ETFs suddenly saw $59M flow out. Even ETH needed a nap.

🚨Breaking News: Ethereum’s price dropped from $4,788 to $4,450, and ETF inflows cooled, with Grayscale and Fidelity leading the exits.

⚡Wire Simplified:

• $59M left ETH ETFs on Aug 15 after 8-day inflow streak.

• BlackRock stayed strong with $338M inflows.

• Grayscale lost $101M, Fidelity lost $272M.

• Ethereum pulled back 3% from near all-time high.

• Some investors likely took profits after the rally.

✔️Straight to the Point: ETH ETFs are not dead, just catching their breath. Outflows may be profit-taking before the next big run.

Gemini’s IPO Gamble 🎲

The Winklevoss twins (yes, the Facebook movie guys) want to take Gemini public, even though the exchange is losing money.

🚨Breaking News: Gemini filed for a Nasdaq IPO, but reported a $282.5M loss on just $68.6M revenue in 2025’s first half.

⚡Wire Simplified:

• Gemini filed for IPO under ticker GEMI.

• Revenue: $68.6M, but losses: $282.5M.

• Banks backing IPO: Goldman Sachs, Citigroup.

• Plans to repay debt and fund operations with IPO cash.

• Expanding tokenized stocks trading in Europe.

✔️Straight to the Point: Gemini wants Wall Street money, but with losses piling up, this IPO feels more like a gamble than a sure bet.