XRP’s Price Enters FUD Zone as ETF Inflows Explode: Is a Rebound Coming?
Data suggests that extreme XRP hype often appeared near local tops, while deep fear historically created rebound opportunities afterward.
Crypto News·
XRP traded near $1.35 as Santiment’s sentiment ratio fell to 1.1, putting $1.30 support and a short-term rebound setup in focus.
Read full articleData suggests that extreme XRP hype often appeared near local tops, while deep fear historically created rebound opportunities afterward.
XRP price started a downside correction from the $1.3740 zone. The price is now consolidating and might aim for another increase if it stays above the $1.320 zone. XRP price started a downside correction after it failed to stay above the $1.3620 zone. The price is now trading below $1.3580 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $1.360 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase if it settles above $1.3620. XRP Price Holds Support XRP price struggled to stay above $1.3720 and started a fresh decline, like Bitcoin and Ethereum. The price dipped below the $1.3620 and $1.3600 levels. The price declined below $1.3550 and even spiked below the 50% Fib retracement level of the upward move from the $1.30 swing low to the $1.3740 high. Besides, there is a bearish trend line forming with resistance at $1.360 on the hourly chart of the XRP/USD pair. The price is now trading bel
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A bruising week for crypto ETFs saw a sharp shift in institutional sentiment, with bitcoin ETFs suffering more than $1.2 billion in outflows and ether products extending a prolonged losing streak. Yet beneath the weakness in the market’s largest assets, capital continued flowing into XRP, solana, and HYPE-linked products, signaling a growing appetite for alternative […]