XRP Price Prediction: ETF Demand Grows, But Price Action Still Favors Sellers
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- XRP remains capped below a dominant descending trendline and the 50–200 EMA cluster, keeping the broader structure bearish.
- Spot flows stay negative with $5.6M in outflows, limiting follow-through despite short-term stabilization near $2.
- ETF inflows exceed $20M in a single session, but price needs a daily close above $2.15 to confirm a trend shift.
XRP trades near $2.04 at press time after stabilizing above short-term support following a prolonged downtrend. Buyers are attempting to build a base, but the market remains pinned below a dominant descending trendline that has capped every rally. The next move depends on whether ETF inflows can translate into real price acceptance above resistance.
Trendline Still Defines The Market
On the daily chart, XRP remains locked beneath a well-defined descending trendline. Each approach to that slop…
Read The Full Article XRP Price Prediction: ETF Demand Grows, But Price Action Still Favors Sellers On Coin Edition.
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Coins
$ 2.02
-0.44%Share:
In This News
Coins
$ 2.02
-0.44%Share:
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XRP Price Prediction: ETF Demand Grows, But Price Action Still Favors Sellers
Share:
- XRP remains capped below a dominant descending trendline and the 50–200 EMA cluster, keeping the broader structure bearish.
- Spot flows stay negative with $5.6M in outflows, limiting follow-through despite short-term stabilization near $2.
- ETF inflows exceed $20M in a single session, but price needs a daily close above $2.15 to confirm a trend shift.
XRP trades near $2.04 at press time after stabilizing above short-term support following a prolonged downtrend. Buyers are attempting to build a base, but the market remains pinned below a dominant descending trendline that has capped every rally. The next move depends on whether ETF inflows can translate into real price acceptance above resistance.
Trendline Still Defines The Market
On the daily chart, XRP remains locked beneath a well-defined descending trendline. Each approach to that slop…
Read The Full Article XRP Price Prediction: ETF Demand Grows, But Price Action Still Favors Sellers On Coin Edition.
In This News
Coins
$ 2.02
-0.44%Share:
In This News
Coins
$ 2.02
-0.44%Share:
Read More
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