XRP ETFs See Record Inflows of $9.09 Million

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: 4 days ago

Should l Buy XRP?

Inflows Rebound: XRP ETFs recorded $9.09 million in net inflows on Friday, marking the highest single-day figure since February 6, indicating a significant reversal after weeks of stagnant or negative flows.
Weekly Inflow Overview: Despite the strong inflow on Friday, the total net inflow for the week was $11.75 million, which remains significantly below the over $1 billion peaks seen in November and December, highlighting a slow recovery in market demand.
Price Movement: XRP gained approximately 2.5% over the past week, maintaining support at $1.32 and $1.30 before settling near $1.35, with analysts suggesting this could signal a potential breakout against Bitcoin.
Asset Management Changes: Although recent inflows have increased, XRP-linked global funds experienced $130 million in outflows in March, with total assets under management dropping from $1.65 billion in January to around $1 billion, reflecting ongoing market pressures.

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Technical Analysis for XRP

Technical Sentiment Analysis for XRP (XRP). As of , XRP (XRP) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 2 indicators are flashing buy, while 6 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for XRP 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, XRP 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 $-.

XRP (XRP) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	1.18	1.237	1.3	1.358	1.421	1.479	1.542
Fibonacci	1.237	1.283	1.312	1.358	1.404	1.433	1.479

About XRP

Launched in 2012, the XRP Ledger (XRPL) is an open-source, permissionless and decentralized technology. Benefits of the XRP Ledger include its low-cost ($0.0002 to transact), speed (settling transactions in 3-5 seconds), scalability (1,500 transactions per second) and inherently green attributes (carbon-neutral and energy-efficient). The XRP Ledger also features the first decentralized exchange (DEX) and custom tokenization capabilities built into the protocol. Since 2012, the XRP Ledger has been operating reliably, having closed 70 million ledgers.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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