Markets· ★★★· bearish·

XRP falls to $1.45 as sell-side pressure mounts

  • —XRP trades at $1.45, declining for a third consecutive day
  • —Futures open interest fell to 3.4 billion XRP from 3.6 billion
  • —Spot XRP ETFs recorded $3 million in inflows on Tuesday
  • —RSI slipped to 48 and MACD turned negative again
Why it matters: Falling open interest and muted ETF inflows signal a shift from bullish to bearish sentiment, which could extend the sell-off.
Source: FXStreet Crypto