$XRP XRP

Institutional Inflows: The new XRP ETF from Franklin Templeton and a long position of $72.22M from a whale signal strong buying interest from institutional investors.

Bearish Pressure: There is evident dominant selling pressure, with a negative CVD indicator and a 59% drop in futures open interest.

Key Technical Levels: XRP is testing a significant support level at $1.99, with a possible formation of a bullish Double Bottom pattern for a reversal.

Earning Opportunities: Binance offers users opportunities to earn XRP through features such as staking and Learn & Earn programs.

Technical Outlook on XRP

XRP is hovering around $2.04, facing strong selling pressure despite modest daily gains.

The net capital flow is negative, dominated by large sell orders.

The MACD indicates bearish momentum, while the RSI remains neutral.

Contradictory News Signals

Positive sentiment is fueled by the launch of the new ETF on XRP and significant investments from "whales".

Negative sentiment comes from reports of strong selling pressure, a leverage flush, and a structurally weak market.

Earning XRP on Binance

Binance offers several ways to earn XRP, including participation in staking programs and "Learn & Earn" educational events.

Users can also pay attention to potential airdrop opportunities on the platform.

Strategic Levels to Monitor

There is a potential entry signal if XRP breaks upwards through the resistance of $2.24. The level of $1.99 acts as key support.$BNB $SOL