XRP's price has pulled back in recent days, falling from $1.6930 to $1.3955, mirroring broader weakness across crypto markets.
However, institutional demand for XRP assets remains strong, with spot XRP ETFs seeing $153 million in August inflows and Ripple's RLUSD stablecoin surpassing $2 billion in assets.
The 50-day moving average is supporting the token, suggesting potential recovery toward previous highs.
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