Community Articles
via Cointelegraph · By Cointelegraph Staff
XRP Risks 50% Dip to $0.65 Despite Persistent ETF Inflows
XRP
XRP/USDT
$1.0992
+0.71%
$1.0992
+0.71%
(24s)24h Volume
$332,328,784.54
24h H/L
$1.108 / $1.0906
Change: $0.0174 (1.60%)
Long/Short
76.0%
Long: 76.0%Short: 24.0%
Funding Rate
+0.0031%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(04:20 PM UTC)
1 min read
1044 views
0 commentsXRP (XRP) has fallen 12% over the last five days, and the confirmation of a bearish pattern now points to the risk of more losses ahead.
Key takeaways:
- XRP/USD’s bear pennant pattern on the three-day chart points to a possible 52.5% drop toward $0.65.
- Persistent institutional demand through exchange-traded products supports the case for a recovery in XRP price.
XRP’s descending triangle…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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