📉 $XRP LOST THE $1 MARK AND ETFs SUFFER THEIR WORST WEEK IN 8 MONTHS
Did you see this? $XRP fell below $1, something that hadn’t happened since November 2024, and on Binance it dipped as low as $0.9457. $XRP ETFs in the United States just had their worst week in 8 months: $19.13 million flowed out, and they’ve now had two consecutive weeks in the red, with not a single net inflow since October 29. And all of this just as those funds mark one year since their launch.
For me, the most painful part isn’t the number itself, but that the funds that were supposed to support the price are losing money instead of attracting it.
Technical analysis puts $0.99 as the key floor of this downtrend channel. Will it hold there or keep falling? The chart has the answer. 📊
#XRP
Did you see this? $XRP fell below $1, something that hadn’t happened since November 2024, and on Binance it dipped as low as $0.9457. $XRP ETFs in the United States just had their worst week in 8 months: $19.13 million flowed out, and they’ve now had two consecutive weeks in the red, with not a single net inflow since October 29. And all of this just as those funds mark one year since their launch.
For me, the most painful part isn’t the number itself, but that the funds that were supposed to support the price are losing money instead of attracting it.
Technical analysis puts $0.99 as the key floor of this downtrend channel. Will it hold there or keep falling? The chart has the answer. 📊
#XRP
