According to analysis from BeInCrypto, XRP is facing short-term weakness due to a low Estimated Leverage Ratio (ELR) and negative netflows of over US$222 million since July 29—indicating selling dominance.
Important support level is at US$2.71, and if it fails to hold, the price could drop to US$2.50. However, a breakout above US$3 could trigger a rally towards US$3.39.
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