Cointelegraph24/04/2026Crypto
XRP/BTC Descending Triangle Breakdown Signals 40% Potential Drop
Bearish technical pattern emerges as XRP ETFs post $73.78M inflows over nine consecutive days
L'essentiel
- XRP/BTC has declined about 5% this week, confirming a bearish descending triangle pattern on the weekly chart that points to a potential 40% drop toward 0.000011 BTC.
- However, US spot XRP ETFs recorded nine consecutive days of net inflows totaling $73.78 million, pushing cumulative inflows to nearly $1.28 billion, signaling strong institutional demand despite the price weakness.
Résumé généré par IA
Taille de police
XRP/BTC has declined about 5% this week, confirming a bearish descending triangle pattern on the weekly chart that points to a potential 40% drop toward 0.000011 BTC. However, US spot XRP ETFs recorded nine consecutive days of net inflows totaling $73.78 million, pushing cumulative inflows to nearly $1.28 billion, signaling strong institutional demand despite the price weakness.
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This article was originally published by Cointelegraph.
