XRP Price Prediction: Sellers Force Fresh Lows As XRP Slips Toward Major Support
Share:
- XRP drops more than 5% as sellers drive price back toward the key $1.88 support zone.
- Daily chart stays bearish with XRP locked below major EMAs and the dominant descending trendline.
- Open interest sinks 8%, showing a broad derivatives unwind as long-side traders exit losing positions.
XRP price today trades near $2.03 after sliding more than 5% in the past 24 hours. The decline comes as sellers push price back into the lower half of its descending channel while the broader structure continues to trend downward from the August peak.
Spot Flows Show Limited Accumulation
Spot flow data shows a mild $1.15 million inflow on December 1, but the broader pattern remains dominated by heavy red prints through November. Most sessions over the past six weeks recorded large outflows, signaling that sellers have been distributing into eve…
Read The Full Article XRP Price Prediction: Sellers Force Fresh Lows As XRP Slips Toward Major Support On Coin Edition.
In This News
Coins
$ 2.03
-7.13%Share:
In This News
Coins
$ 2.03
-7.13%Share:
Read More
XRP Price Prediction: XRP Consolidates Ahead of Breakout After Ripple Wins Singapore Expansion
Zcash Price Prediction: ZEC Extends Losses as Price Tests Crucial Support While Governance Debate Intensifies
XRP Price Prediction: Sellers Force Fresh Lows As XRP Slips Toward Major Support
Share:
- XRP drops more than 5% as sellers drive price back toward the key $1.88 support zone.
- Daily chart stays bearish with XRP locked below major EMAs and the dominant descending trendline.
- Open interest sinks 8%, showing a broad derivatives unwind as long-side traders exit losing positions.
XRP price today trades near $2.03 after sliding more than 5% in the past 24 hours. The decline comes as sellers push price back into the lower half of its descending channel while the broader structure continues to trend downward from the August peak.
Spot Flows Show Limited Accumulation
Spot flow data shows a mild $1.15 million inflow on December 1, but the broader pattern remains dominated by heavy red prints through November. Most sessions over the past six weeks recorded large outflows, signaling that sellers have been distributing into eve…
Read The Full Article XRP Price Prediction: Sellers Force Fresh Lows As XRP Slips Toward Major Support On Coin Edition.
In This News
Coins
$ 2.03
-7.13%Share:
In This News
Coins
$ 2.03
-7.13%Share:
Read More
XRP Price Prediction: XRP Consolidates Ahead of Breakout After Ripple Wins Singapore Expansion