$XRP XRP spot ETF holdings: $1.7 billion in weekly inflows slowing down ๐ฅ
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๐ข $XRP XRP spot ETF holdings $1.7 billion, weekly inflows slowing down โ short-term bearish
โ ๏ธ Technicals: XRPโs current trend is relatively weak. The daily, 4-hour, and 1-hour moving averages are all in a bearish alignment. The price at 1.4025 is being held below the moving averages, and the rebound strength is limited. ADX data shows the 4-hour trend strength is as high as 59.6, indicating the bearish trend is very strong and selling momentum is still being released. Volume is only 0.79 versus the comparison, clearly showing contracting volume, and funds are holding back with a wait-and-see attitude. Key support is at 1.3675. If that breaks, downside could accelerate. Resistance is at 1.6582, and it will be difficult to break through in the short term. Overall, the market remains range-bound with a bearish bias.
๐ข Market dynamics: XRP spot ETF holdings have reached $1.7 billion, but inflows have clearly slowed over the past week. This suggests institutional capital is entering at a slower pace, and there isnโt much willingness to chase higher prices. In the short term, sentiment is cautious, and thereโs a lack of new positive catalysts to lift the price.
โโโโโโโโโโโโโโโโโโโโ
๐ Watch for the first-hand alerts when prices move ๐
#ๆๆฏๅๆ #XRP็ฐ่ดงETFๆไป17ไบฟ็พๅ ๅจๆตๅ ฅๆพ็ผ #XRP
๐ When trading, pay attention to whether the candlestick patterns match
โโโโโโโโโโโโโโโโโโโโ
๐ข $XRP XRP spot ETF holdings $1.7 billion, weekly inflows slowing down โ short-term bearish
โ ๏ธ Technicals: XRPโs current trend is relatively weak. The daily, 4-hour, and 1-hour moving averages are all in a bearish alignment. The price at 1.4025 is being held below the moving averages, and the rebound strength is limited. ADX data shows the 4-hour trend strength is as high as 59.6, indicating the bearish trend is very strong and selling momentum is still being released. Volume is only 0.79 versus the comparison, clearly showing contracting volume, and funds are holding back with a wait-and-see attitude. Key support is at 1.3675. If that breaks, downside could accelerate. Resistance is at 1.6582, and it will be difficult to break through in the short term. Overall, the market remains range-bound with a bearish bias.
๐ข Market dynamics: XRP spot ETF holdings have reached $1.7 billion, but inflows have clearly slowed over the past week. This suggests institutional capital is entering at a slower pace, and there isnโt much willingness to chase higher prices. In the short term, sentiment is cautious, and thereโs a lack of new positive catalysts to lift the price.
โโโโโโโโโโโโโโโโโโโโ
๐ Watch for the first-hand alerts when prices move ๐
#ๆๆฏๅๆ #XRP็ฐ่ดงETFๆไป17ไบฟ็พๅ ๅจๆตๅ ฅๆพ็ผ #XRP
๐ When trading, pay attention to whether the candlestick patterns match