XRP Exchange Outflows Surge 300%. Is It Enough to Save the Chart?
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....
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0