XRP trading volume plummeted 58.41% in 24 hours, down to $1.1 billion. Analysts point out that a "gravestone doji" pattern may be forming on its weekly chart, which is usually a bearish reversal signal. The token is currently priced at $2.10, having previously reached a high of $2.41 on January 6. This decline coincides with the first net outflow of the US spot XRP ETF, with $40.8 million flowing out on January 7.
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XRP trading volume plummeted 58.41% in 24 hours, down to $1.1 billion. Analysts point out that a "gravestone doji" pattern may be forming on its weekly chart, which is usually a bearish reversal signal. The token is currently priced at $2.10, having previously reached a high of $2.41 on January 6. This decline coincides with the first net outflow of the US spot XRP ETF, with $40.8 million flowing out on January 7.