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XRP price forecast: Ripple linked token falls 4% even as ETF flows strong

CoinDesk
Despite strong ETF inflows, XRP's price dropped by 4%, reflecting broader crypto market weakness.

Summary

XRP, the token associated with Ripple, experienced a 4% price decrease despite continued strong inflows into exchange-traded funds (ETFs). This decline aligns with a general downturn in the cryptocurrency market, suggesting external pressures are impacting XRP's performance even with positive ETF activity. The forecast indicates a potential short-term correction for XRP, influenced by overall market sentiment rather than Ripple-specific developments.

(Source:CoinDesk)