Ripple Price Forecast: XRP losses deepen despite signs of growing institutional and whale interest
From fxstreet.com
Ripple (XRP) is holding above $1.90, a short-term support, as headwinds intensify in the broader crypto market on Wednesday. Low retail interest and bearish technical signals continue to overwhelm mild inflows into XRP spot Exchange Trade Funds (ETFs), keeping recovery a pipe dream. A daily close below the $1.90 support could result in an extended correction below toward November’s low of $1.82, with the next demand zone holding at April’s low of $1.61. XRP spot ETFs extended their inflow streak, with approximately $8.5 million deposited on Tuesday. Bitwise’s XRP ETF led with approximately $6.2 million in inflows, ...
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