XRP tests $1.31 as ETF demand clashes with spot selling

XRP

XRP/USDT

$1.4163

+0.91%

$1.4163

+0.91%

(24s)

24h Volume

$989,188,354.47

24h H/L

$1.4279 / $1.3932

Change: $0.0347 (2.49%)

Long/Short

73.5%

Long: 73.5%Short: 26.5%

Funding Rate

-0.0006%

Shorts pay

Data provided by COINOTAG DATALive data

Ripple

Daily

$1.4177

▲ 1.37%

Volume (24h): -

Resistance Levels

Resistance 3$1.6185

Resistance 2$1.5472

Resistance 1$1.4461

Price$1.4177

Support 1$1.39

Support 2$1.2883

Support 3$1.1582

Pivot (PP):$1.4149

Trend:Sideways

RSI (14):61.5

CryptoSlate Editorial

(07:22 PM UTC)

1 min read

Approved byEmily Watson

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…