XRP Price Faces Pressure Despite Strong ETF Demand
XRP's price has recently declined to around $1.36, down 7% over the past week, despite record ETF inflows of $110 million. The Federal Reserve's pressure has contributed to this decline, creating a complex outlook for September as demand competes with macroeconomic risks. Analysts suggest a potential bullish scenario for XRP, projecting a price target of $2.14, supported by a $474 million ETF tailwind.
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XRP’s $2.14 bull case just met a $474 million ETF tailwind
CryptoSlate's 90-day model maps nearly 59% upside in its bullish Nov. 30 scenario, while the central estimate and downside range remain far lower. The post XRP’s $2.14 bull case just met a $474 million ETF tailwind appeared first on CryptoSlate .
XRP price holds $1.35 as ETF inflows reach $110M
XRP price traded near $1.36 on Aug. 31 after falling roughly 7% over seven days, as fading momentum and leveraged position unwinding offset record weekly demand from U.S. spot exchange-traded funds. XRP price pulls back 7% after August rally According…
XRP ETF Demand Holds Firm as Fed Pressure Breaks XRP Price Support
XRP ETF inflows hit $110.49 million as Fed pressure pushes prices lower, leaving September’s outlook caught between demand and macro risk. The post XRP ETF Demand Holds Firm as Fed Pressure Breaks XRP Price Support appeared first on 99Bitcoins .