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BasheerAlgundubi
The price of XRP forms a risky pattern as outflows from exchange-traded funds reach $40 million
The #XRPUSDT price has remained volatile this week with declining trading volume in the spot market, and ETFs experienced the largest outflows ever.
Summary
The $XRP price formed a bearish pattern on the eight-hour chart.
This pattern indicates further decline in the coming days.
Spot market ETFs for #XRP experienced outflows of $40 million this week.
Ripple (#Ripple ) traded at $1.9172, the price it has stabilized at over the past few days. This price is still 20% below its high this year of $2.
The #XRPUSDT price has remained volatile this week with declining trading volume in the spot market, and ETFs experienced the largest outflows ever.
Summary
The $XRP price formed a bearish pattern on the eight-hour chart.
This pattern indicates further decline in the coming days.
Spot market ETFs for #XRP experienced outflows of $40 million this week.
Ripple (#Ripple ) traded at $1.9172, the price it has stabilized at over the past few days. This price is still 20% below its high this year of $2.
XRP-0,93%
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21Shares launches two new encryption ETPs: focusing on AI protocol and Raydium Token.
According to Hash World News, 21Shares has launched two new cryptocurrency exchange-traded products (ETPs): 21Shares Artificial Superintelligence Alliance ETP (AFET) and 21Shares Raydium ETP (ARAY). AFET aims to track a set of decentralized AI protocols, including protocol and CUDOS. ARAY provides investors with an investment channel based on the Solana decentralized exchange Raydium Token. It is reported that AFET has been listed on Euronext Amsterdam and Paris exchanges, while ARAY is trading on the Swiss s
View OriginalAccording to Hash World News, 21Shares has launched two new cryptocurrency exchange-traded products (ETPs): 21Shares Artificial Superintelligence Alliance ETP (AFET) and 21Shares Raydium ETP (ARAY). AFET aims to track a set of decentralized AI protocols, including protocol and CUDOS. ARAY provides investors with an investment channel based on the Solana decentralized exchange Raydium Token. It is reported that AFET has been listed on Euronext Amsterdam and Paris exchanges, while ARAY is trading on the Swiss s
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