The XRP price remains within the constraints of a descending parallel channel, a bearish technical formation that started around mid-July. However, this token, which powers the Ripple ecosystem, managed to buck the trend as crypto outflows hit $446 million last week. XRP Bucks the Trend as Crypto Outflows Reach $446 Million According to the latest CoinShares report, crypto outflows reached $446 million last week, slightly lower than the $952 million negative flows witnessed in the week ending December 20. For both weeks, however, XRP managed to buck the trend, garnering positive fund flows as leading assets like Bitcoin and Ethereum experienced red flashes
source: https://beincrypto.com/xrp-coinshares-crypto-outflows/