XRP sell-off intensifies as bears close in on the crucial $1 level

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XRP continued to trade with a bearish bias on Tuesday, extending its correction for a fourth straight session as weak investor demand and cautious market sentiment weighed on the cryptocurrency. Although XRP has attracted modest institutional inflows, analysts say stronger buying pressure will be needed to prevent a deeper decline and support a sustained recovery. XRP ETFs record zero inflow amid weak market sentiment Investor sentiment toward XRP remains fragile despite a slight improvement in the broader cryptocurrency market. The Crypto Fear & Greed Index remained in Fear territory with a reading of 28, up from 26 the previous day and 24 last week, indicating that investors are still approaching the market cautiously.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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