(GXRP) ETC Physical XRP - Ratings and Ratios

ETC Group Physical XRP (XETRA:GXRP) is a physically backed exchange-traded fund (ETF) designed to track the price of XRP. The fund is listed on XETRA, a leading European exchange, and is structured as a debt instrument, providing exposure to XRP without the need for direct custody. It is tailored for institutional investors seeking regulated and secure access to digital assets.

From a technical perspective, GXRP exhibits a 20-day average volume of 11,698, with a last price of 29.03. The SMA 20, SMA 50, and SMA 200 are 33.47, 35.55, and 16.10 respectively, indicating a recent downward trend in price. The Average True Range (ATR) of 2.56 reflects moderate volatility in the short term.

Fundamentally, the fund has assets under management (AUM) of 296.10M EUR, demonstrating significant investor interest in XRP exposure through a traditional investment vehicle. The product is supported by ETC Group, a reputable issuer specializing in digital asset-backed financial products.

3-Month Forecast: Based on the convergence of technical and fundamental indicators, GXRP is expected to trade within a range of 25.50 to 32.50 over the next three months. The SMA 200 at 16.10 suggests potential long-term support, while the SMA 50 at 35.55 could act as resistance. The ATR of 2.56 indicates that price volatility may remain elevated. Fundamental factors such as regulatory developments, adoption rates, and broader crypto market sentiment will remain key drivers of performance.