Markets· ★★★· bearish·

XRP tests $1.18 support as US midterms approach and ETF inflows slow

  • —XRP ETF inflows slowed to $12.09 million in October from $121 million in September
  • —XRP fell from $0.56 to $0.32 in November 2018 and from $0.51 to $0.31 in November 2022
  • —$1.18 is the key support; a close below targets $0.99
  • —XRP Ledger RWA transfer volume jumped 1,400% to $7.03 billion over 30 days
Why it matters: The November 3 midterms will shape US crypto regulation, and a break below $1.18 could accelerate XRP selling.
Source: Blockmedia