Can 2 Weeks of XRP ETF Buying Delay the 18% Price Breakdown?
BeInCrypto
Steady XRP ETF inflows are currently offsetting long-term holder sell-offs, delaying a predicted 18% technical price correction.Summary
XRP is showing signs of a potential 18.81% price breakdown based on a bearish head-and-shoulders pattern and hidden bearish divergence. While technical indicators suggest a downtrend, a decline in sell-side volume and consistent inflows into US spot XRP ETFs have created a stalemate. Long-term holders have been liquidating their positions, but institutional demand is currently absorbing the pressure, keeping the price near critical support levels like $1.30. The future price direction depends on whether institutional accumulation can sustain the asset or if sustained holder capitulation forces the projected correction.
(Source：BeInCrypto)