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XRP price risks 50% drop despite 9-day ETF inflow streak

The Cointelegraph β€‹

Cryptocoins News / The Cointelegraph β€‹ 6 Views

XRP price risks 50% drop despite 9-day ETF inflow streak

Spot XRP ETFs record net inflows for nine days, absorbing sell pressure and potentially supporting an XRP price recovery over time.

XRP (XRP) has fallen 12% over the last five days, and the confirmation of a bearish pattern now points to the risk of more losses ahead.

Key takeaways:

Since early February, the XRP/USD pair has been consolidating inside a bear pennant on the three-day chart.

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