XRP Price Outlook as Selling Pressure Hits Highest Level Since May Amid $1 Support Retest

Ripple (XRP) is down by 1.25% today, August 13, to trade at $1,01 at the time of writing. On-chain data now suggests that XRP is facing intense selling pressure near the psychological support at $1 as inflows to Ripple ETFs remain muted. Futures data also shows that XRP’s open interest is rising despite the ongoing