-
Ripple Price Forecast: XRP faces persistent bear risks, shrugging off ETF inflows
Ripple (XRP) is extending its decline for the second consecutive day, trading at $2.06 at the time of writing on Friday. Sentiment surrounding the cross-border remittance token continues to lag despite steady inflows into XRP spot Exchange Traded Funds (ETFs). A reversal below the prevailing market level will likely extend the pullback to Monday’s low of $1.98. Hence, the next few days would help gauge sentiment ahead of the Federal Reserve’s (Fed) monetary policy meeting on December 10. Interest in XRP spot ETFs has steadied since their debut on November 13, signaling a potential shift to altcoin-based crypto ... (full story)