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XRP's price has fallen a lot, hitting important support levels due to ETF outflows and worries about regulations.

MarketRead the original at Benzinga
Bad for XRP

Ripple's XRP token has fallen for 10 straight days, with $19.6 million leaving spot funds this month and futures open interest at $2.21 billion. It is near an August low that could support it, but earlier support levels broke and the report sees room to fall to $0.90.

XRP · Ripple

AI read · Bad for XRP

The AI's read

Less demand is showing up in both spot funds and futures, and the report says forced sales also rose. The token is near an August low that could act as support, but it has already fallen below earlier support levels. The report sees room for a further fall to $0.90.

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