XRP ETFs See $10.68M Inflows Over Five Weeks
- Inflows Trend: Over the past five weeks, XRP ETFs have attracted a total of $10.68 million, indicating sustained institutional interest in this digital asset despite overall pressure in the cryptocurrency market.
- Market Comparison: During the same period, Bitcoin and Ethereum ETF products experienced net outflows, highlighting a significant divergence in investment demand for XRP compared to other major cryptocurrencies, reflecting market confidence in XRP.
- Price Performance: As of the report, XRP was trading at $1.15, having risen 1.38% in the last 24 hours and 3.61% over the past week, demonstrating short-term price stability.
- Technical Analysis: Analysts noted that XRP needs to reclaim EMA levels at $1.45 and $1.78 for a sustained trend reversal, with the current market structure still testing investor patience.
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Technical Analysis for X
Technical Sentiment Analysis for X Empire (X). As of , X Empire (X) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for X stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, X is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
X Empire (X) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00000538 | 0.00000721 | 0.00000933 | 0.0000112 | 0.0000133 | 0.0000151 | 0.0000172 |
| Fibonacci | 0.00000721 | 0.00000871 | 0.00000965 | 0.0000112 | 0.0000127 | 0.0000136 | 0.0000151 |
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