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XRP price slips below $2 despite ETF demand, robust network

The Cointelegraph β€‹

Cryptocoins News / The Cointelegraph β€‹ 14 Views

XRP price slips below $2 despite ETF demand, robust network

XRP price plunged below $2 amid a market-wide sell-off as strong spot ETF inflows and a surge in XRP Ledger transactions failed to lift investor sentiment.

Spot XRP (XRP) exchange-traded funds (ETFs) have continued to attract investor interest, recording inflows every day of last week as transactions surged to a six-month high.

Unfortunately, these positive fundamentals didn’t help the bulls hold the price above the psychological $2 support level. How low can XRP price go?

Key takeaways:

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