XRP tests the $1.32 support level as ETF demand slows
Image: CoinJournal
Key takeaways XRP has declined nearly 7% over seven days after failing to clear resistance at $1.60. Trading volume remains around $3 billion, equivalent to nearly 4% of its circulating market capitalization. XRP ETFs have attracted just $4 million in October so far, compared with $121.4 million during September. XRP has fallen nearly 7% over the past week after its latest rally failed to break through $1.60, leaving traders watching nearby support for signs that the correction could stabilize.
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