XRP Exchange Outflows Surge 300%. Is It Enough to Save the Chart?
https://beincrypto.com/xrp-price-buying-pressure-bearish-pattern-drop-analysis/
XRP price faces a bearish head and shoulders pattern that risks an 18% drop below $1. Yet, exchange outflows have surged over 300% since mid-May. Plus, open interest dropped, and long leverage hit multi-week lows. The surging buying pressure could keep XRP range-bound for now, but a move below the neckline confirms the breakdown scenario.
The post XRP Exchange Outflows Surge 300%. Is It Enough to Save the Chart? (https://beincrypto.com/xrp-price-buying-pressure-bearish-pattern-drop-analysis/) appeared first on BeInCrypto (https://beincrypto.com/).
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