XRP
Why XRP is down 1.3% in the last hour
Analysis
XRP slipped 1.3% over the past hour as traders reacted to a short-term bearish technical signal highlighted by U.Today, which noted XRP forming a “gravestone doji” pattern often associated with downside follow-through. That near-term caution likely outweighed more constructive broader-flow headlines, even as CoinJournal reported XRP attracting inflows alongside Solana despite a multi-week streak of crypto ETP outflows.
Contributing Factors (3)
XRP Forming Gravestone Doji Pattern, Bearish Sign?
Gravestone doji candlestick pattern spotted on XRP charts, with potential implications for its price trend.
Solana, XRP attract inflows despite 4-week crypto ETP outflows streak
Digital asset investment products saw outflows of over $173 million last week. Bitcoin and Ethereum recorded the most outflows amid broader price weakness. Solana and XRP maintained their inflow momen...
XRP Price Outruns Bitcoin and Ether as Post-Crash Rotation Favors Ripple Token
XRP Outruns Bitcoin and Ether After Crash Buying The post XRP Price Outruns Bitcoin and Ether as Post-Crash Rotation Favors Ripple Token appeared first on Cryptonews.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.