US spot XRP ETFs recorded a 592,470 dollar net inflow on July 27, bringing cumulative inflows to approximately 1.50 billion dollars, with total net assets standing at 1 billion dollars. XRP traded at 1.0637 dollars on July 28 after falling to an intraday low of 1.0440 dollars, reflecting sustained selling pressure confirmed by an RSI at 41.06 and moving averages all pointing downward. The critical support level to watch sits in the 1.00 to 1.02 dollar zone, already defended in late June. Recent daily purchases represent less than 0.1% of the funds’ total net assets, indicating a marked slowdown in demand that could undermine XRP’s ability to hold this key level.
Source: Read the original article
