#xrp The daily closing price has fallen below the $1.35–$1.38 support zone, putting short-term price action under pressure. Analysts believe that if the price fails to reclaim this zone, it may continue to decline.
📉 Key support: First, watch $1.30. If that level breaks, the price could fall further to $1.25, or even $1.18–$1.20.
📈 Rebound signal: Reclaiming $1.35–$1.38 would help ease downward pressure.
It is worth noting that U.S. spot XRP ETFs saw net inflows of $11.31 million last week, including $10.55 million into Bitwise, indicating that institutional investors still have buying demand.
📉 Key support: First, watch $1.30. If that level breaks, the price could fall further to $1.25, or even $1.18–$1.20.
📈 Rebound signal: Reclaiming $1.35–$1.38 would help ease downward pressure.
It is worth noting that U.S. spot XRP ETFs saw net inflows of $11.31 million last week, including $10.55 million into Bitwise, indicating that institutional investors still have buying demand.