XRP Trades at $1.01 Below 20-, 50-, and 200-Day Moving Averages on Friday

XRP-0.57%
According to COINOTAG, XRP traded at $1.01 on Friday, falling below its 20-day, 50-day, and 200-day moving averages positioned at $1.21, $1.34, and $1.26 respectively. The token slid 13.4% over the past week and touched an intraday low of $0.996 earlier in the session. XRP spot ETF net assets declined to $1.16 billion from $1.51 billion on October 14, with four consecutive trading days through November 12 recording combined net outflows of $18 million. The daily RSI dropped to 21.5, indicating oversold conditions, while the nearest support level sits at $0.9892.
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