The cryptocurrency market is showing improved sentiment following the weekend selloff. Bitcoin is approaching $77,000, while Ethereum is trading around $2,150. XRP, Ripple’s native coin, is also in the green and now trading at $1.388. The cross-border token could rally higher in the near term amid growing ETF inflows and improving momentum indicators. XRP ETFs continue to attract institutional investors XRP has underperformed over the past few days, losing 5% of its value last week. The bearish performance has seen XRP drop below the $1.40 level. The bulls are now holding the $1.34 support level, which could allow XRP to rally higher in the near term. XRP’s bearish performance comes despite growing institutional demand.
Source: Read the original article
