XRP

XRP’s price has dropped significantly, making it the worst performer in the top 10 this week. While one analyst spots a rare bullish signal, others warn of a potential fall to the $1 level due to large holder sell-offs.

XRP’s price decline has pushed investor sentiment to ’extreme fear,’ a level that has historically been followed by significant price surges, despite recent whale selling and a lackluster reaction to new ETF inflows.

Large holders, or whales, have offloaded over 510 million XRP in the past week, putting significant downward pressure on the price. Despite the launch of several XRP ETFs, the asset struggles to gain momentum, though analysts point to a potential breakout from a symmetrical triangle pattern.

After four consecutive weeks of outflows, crypto investment products returned to form with nearly $1.07 billion in inflows last week, led by Bitcoin and XRP which recorded its strongest week ever.