XRP dey fall behind BNB as seven-month downtrend deep dey
XRP dey slip for market-cap ranking, e fall behind BNB after BNB regain fourth spot on April 5. Sentiment for XRP still fragile as di token still on track for seventh straight monthly decline.
CoinGecko market-cap data wey dem quote for the report put BNB around $80.34B while XRP near $79.14B. Gap no too big, but e enough to change the order. XRP still the only major coin wey dey down for the day, with reported 24-hour drop of about -1.7%.
Price action show say weakness still dey. XRP don fall about 3.6% in the last seven days, and rallies don dey capped near the $1.30 area. Mid-March rebound briefly push XRP toward $1.60 (March 16–17), but the move fail and turn into steady sell-off with lower highs and lower lows.
ETF flows add to the bearish setup. Weekly XRP ETF flows reportedly turn negative, with net outflow about $3.6M, while Bitcoin investment products see inflows around $22M. Traders fit read this BTC vs. XRP flow divergence as capital dey rotate toward BTC in the near term.
Trading focus: watch whether XRP fit reclaim and hold above $1.30. If e no fit, the descending momentum fit extend the downtrend.
Bearish
Di latest update still dey keep di bearish case by adding clearer short-term context: XRP no just remain for one multi-month downtrend, e don also lose relative position to BNB for market-cap ranking and e still di only major coin wey down for di day. Di reported negative weekly XRP ETF flows (about $3.6M outflow) versus positive BTC product inflows (~$22M) mean say capital dey rotate commot from XRP, we fit put pressure for price and reduce bounce attempts. For short term, if e fail to reclaim/hold above di $1.30 area, sellers likely go remain for control; for long term, di “seventh straight month red” backdrop show say momentum still structurally weak unless both price levels and flows stabilize.