XRP Price Breaks Resistance, But ETF Flows Warn Bulls

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XRP climbed from around $1.11 to $1.14 over the past week, briefly testing resistance near $1.16 before easing back. The cryptocurrency saw nine consecutive weeks of net inflows into investment products, totaling approximately $17.2 million. However, the pace of inflows has slowed, with the most recent weekly figure falling to roughly $12 million, suggesting institutional demand remains positive but is no longer accelerating. Key resistance stands between $1.16 and $1.18, while support is clustered around $1.12 to $1.13. A decisive break above recent highs could open the door toward $1.32, according to technical analysis.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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