XRP Products Attract Capital for Fifth Consecutive Week

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: 1 day ago

Explore Agentic TradingLet AI Trade for You

Sustained Inflows: For the week ending June 12, XRP-linked products attracted approximately $10.68 million in inflows, despite Bitcoin and Ethereum funds experiencing net outflows, indicating XRP's relative resilience amid market downturns.
Significant Cumulative Inflows: Since May 15, XRP products have seen a cumulative net inflow of about $1.44 billion, reflecting ongoing investor interest in the asset, even as the broader crypto market faces uncertainty.
Market Performance Comparison: During the same period, Bitcoin products faced approximately $319 million in outflows, while Ethereum and Solana funds also recorded net withdrawals of $15 million and $4 million respectively, highlighting XRP's comparatively strong performance.
Rising Institutional Demand: The U.S. Securities and Exchange Commission's approval of a rule change allowing a new actively managed crypto ETF to include XRP alongside Bitcoin and Ethereum further bolsters XRP's institutional adoption narrative, although caution is warranted regarding on-chain signals.

Get Real-Time Alerts for Any Crypto Movement

Monitor assets like XRP with instant alerts on price breakouts and whale movements. Don't let a 24/7 market leave you behind.

Technical Analysis for XRP

Technical Sentiment Analysis for XRP (XRP). As of , XRP (XRP) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 2 indicators are flashing buy, while 4 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	0.793	0.922	1.037	1.165	1.28	1.408	1.523
Fibonacci	0.922	1.015	1.072	1.165	1.258	1.315	1.408

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.

Let AI Trade for You

Auto Trading Task on XRP?

Get Started Free