Affected by profit-taking and resistance, XRP price dropped 1.05% to $2.11, with trading volume decreasing over 20% to $3.73 billion. Despite the price decline, it remains above the key level of the middle band of the Bollinger Bands at $2.11. The Relative Strength Index (RSI) is at 57.59, indicating neutral momentum. The rekindled interest from institutional investors could serve as a potential catalyst, as XRP fund inflows surged by $45.8 million last week, an increase of up to 428%.
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Affected by profit-taking and resistance, XRP price dropped 1.05% to $2.11, with trading volume decreasing over 20% to $3.73 billion. Despite the price decline, it remains above the key level of the middle band of the Bollinger Bands at $2.11. The Relative Strength Index (RSI) is at 57.59, indicating neutral momentum. The rekindled interest from institutional investors could serve as a potential catalyst, as XRP fund inflows surged by $45.8 million last week, an increase of up to 428%.