XRP and XLM outlook: Bearish streak extends as risk-off mood erodes retail demand, ETF flows
From fxstreet.com
Ripple (XRP) and Stellar (XLM) prices face intense selling pressure, extending losses on Thursday for the fourth consecutive day this week. Cross-border remittance tokens are losing retail sentiment, while XRP faces additional pressure from Exchange-Traded Fund (ETF) outflows. Stellar experiences a sharp correction in its newfound retail demand built on the Depository Trust & Clearing Corporation (DTCC) partnership to tokenize assets. CoinGlass data shows the XLM futures Open Interest (OI) to $260.35 million on Thursday, maintaining a steady decline from the $358.78 million peak on Monday. This suggests a sharp ...
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