XRP slumped 6.6% over 24 hours on August 26 to trade near $1.37, marking the worst performance among the top 10 cryptocurrencies by market cap. The decline follows a near-70% surge in five days, with the token climbing from $0.9877 on August 17 to $1.69 on August 22. The pullback represents an 18% correction from the $1.70 peak, with analysts focusing on the $1.40 level as a critical battleground. Despite the weakness, XRP-linked ETFs logged six consecutive days of net inflows, suggesting institutions are not exiting positions.
Source: Read the original article
