Category: Crypto News, News

Analysts Warn of Downside Risk as ETF Delay Extends Amid U.S. Shutdown

  • XRP price today holds $2.36, consolidating near $2.24 support as buyers defend the lower end of its multi-month triangle.
  • The U.S. shutdown stalls SEC ETF reviews, extending delays and adding pressure to XRP price momentum.
  • On-chain flows remain weak, with only $3.49M in outflows, showing limited accumulation amid cautious sentiment.

XRP price today trades near $2.36, holding just above its key $2.24 support after a steep three-week decline of nearly 27%. The token continues to consolidate inside a broad symmetrical triangle, with traders monitoring whether the ongoing delay in the U.S. SEC’s ETF review could trigger a deeper correction before the next rebound attempt.

XRP Price Holds Structural Support But Momentum Weakens

XRP Price Dynamics (Source: TradingView)

The daily chart shows XRP trading at the lower end of its multi-month triangle struc…

Read The Full Article XRP Price Prediction: Analysts Warn of Downside Risk as ETF Delay Extends Amid U.S. Shutdown On Coin Edition.

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