$XRP The latest relevant news about XRP today is that it has bounced off a multi-week low and is just above a key support zone, while a technical indicator suggests a possible local top and XRP spot ETFs continue to receive inflows.
Specifically, the most recent analysis indicates that:
XRP bounced from a recent low and is trading around the support zone that will determine whether the recovery continues or breaks.
The TD Sequential indicator is marking a possible local maximum after the bounce, which points to a risk of correction if the support fails.
Despite the indecisive price action, XRP spot ETFs maintain positive net flows and an increase in assets under management, suggesting continued institutional interest even with sideways pricing.
(Main source: recent technical analysis and flow analysis of XRP)
In summary, the focus today is on whether XRP holds this support zone while the ETFs continue to accumulate, against technical signals warning of a possible small top in the short term.
let me know your opinion in the comments
#$XRP
