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Tag: Sharp

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Two Reasons Why XRP Could See a Sharp Drop Soon

In Brief XRP’s falling Estimated Leverage Ratio (ELR) signals a decline in investor confidence and reduced risk appetite. Negative netflows exceeding $222 million show persistent sell-side dominance and weak buy-side support for XRP. If support at $2.71 fails, XRP could experience a sharper decline to $2.50, though a breakout above $3 could trigger a rally.…
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