A bearish signal has emerged for XRP, based on its cost-basis metric, suggesting a potential significant price drop. According to reports, this projection is further influenced by a weakening technical structure. The analysis also points to spot ETF outflows as a contributing factor. The development raises questions about whether bulls will be able to defend XRP's critical price support level.

A bearish signal has emerged for XRP, based on its cost-basis metric, suggesting a potential significant price drop. According to reports, this projection is further influenced by a weakening technical structure. The analysis also points to spot ETF outflows as a contributing factor. The development raises questions about whether bulls will be able to defend XRP's critical price support level.