Markets· ★★★· bearish·

XRP fails to break $1.40 and tests $1.30 support

  • —XRP fell back to $1.33 after failing to clear $1.40
  • —Weekly XRP ETF outflows ended a 13-week inflow streak
  • —365-day MVRV for XRP sits near 0.92, leaving buyers underwater
  • —XRPL fixCleanup3_4_0 upgrade delayed from Oct 23 to November
Why it matters: Weak ETF demand and rising XRP balances on exchanges raise the risk of a $1.00 retest if price stays below the 20-week EMA.
Source: Blockmedia