$XRP Support Tested, Continuous Selling Pressure
Recent Price Trends:
XRP is consolidating near the key support level of $1.9975.
Capital Data Analysis:
Institutions and retail investors have been continuously net selling in the medium to long term (60 days).
Technical Analysis:
Support: $1.9975. Resistance: $2.67 - $2.80.
Comprehensive Analysis and Risk Considerations:
Price is hovering at support, but continuous net outflow of funds poses a downside risk. Monitor whether the $1.9975 support holds.