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XRP price risks 40% decline versus Bitcoin despite 9-day ETF inflow streak

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 137 Views

XRP price risks 40% decline versus Bitcoin despite 9-day ETF inflow streak

Spot XRP ETFs record net inflows for nine consecutive days, absorbing sell pressure and potentially supporting XRP price recovery over time.

XRP (XRP) has fallen about 5% against Bitcoin (BTC) over the past week, and the confirmation of a bearish pattern now points to the risk of more losses ahead.

Key takeaways:

XRP/BTC’s descending triangle pattern on the weekly chart points to a possible 40% drop.

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