XRP
Why XRP is down 1.3% in the last hour
Analysis
XRP slipped 1.3% over the past hour as traders reacted to bearish technical signals highlighted by U.Today, which noted XRP forming a “gravestone doji” pattern often interpreted as near-term downside risk. The dip also fits a broader cautious tone around crypto investment products, with CoinJournal pointing to an ongoing multi-week outflow streak in crypto ETPs even as XRP still saw some inflows.
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.