Community Articles

via CryptoSlate · By CryptoSlate Editorial

XRP tests $1.31 as ETF demand clashes with spot selling

XRP

XRP/USDT

$1.1436
-0.50%
24h Volume

$688,763,573.77

24h H/L

$1.1535 / $1.1225

Change: $0.0310 (2.76%)

Long/Short
74.7%
Long: 74.7%Short: 25.3%
Funding Rate

-0.0021%

Shorts pay

Data provided by COINOTAG DATALive data
Ripple
Ripple
Daily

$1.1395

1.30%

Volume (24h): -

Resistance Levels
Resistance 3$1.2628
Resistance 2$1.2071
Resistance 1$1.1528
Price$1.1395
Support 1$1.1136
Support 2$1.0789
Support 3$0.8986
Pivot (PP):$1.135
Trend:Downtrend
RSI (14):41.2
CE
CryptoSlate Editorial
(07:22 PM UTC)
1 min read
EW
Approved byEmily Watson
1444 views
0 comments

XRP’s latest drop has turned bullish flows into a live test of market control. ETF demand and exchange outflows still point to support, but spot sellers are setting the price near multi-month lows.

The token has been trading around the low-$1.30s after hitting its weakest level in roughly 15 weeks, even as two data points bulls often treat as supportive moved in the other direction.

Spot XRP ETFs…

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.

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

CryptoSlate Editorial · CryptoSlate

Read original →

Comments
Comments