XRP Price Falters Below Key Technical Level
XRP has been trading at $1.39, down 5% from the previous day's price, as it erases a portion of this week's rally.
The token broke below its previous quarter value area high, an important technical level set at $1.43, which is now acting as resistance rather than support.
A clean break and failure to reclaim this level shifts the next downside target to $1.30, although the analyst does not expect a full drop to this price.
The expert pointed to declining ETF inflows as a signal worth watching, noting that when outflow trends historically begin to shrink rather than accelerate, it often marks a market bottom.