"XRP ETFs posted four consecutive days of positive inflows totaling $38.86 million, reversing weeks of near-zero activity and marking their strongest streak since March."
"Cumulative inflows across all U.S. XRP ETFs have now crossed $1.25 billion, and the renewed buying pressure has helped support XRP's price through the $1.40 and $1.45 resistance levels."
"While XRP is rallying, it's still trading below its 100-day EMA at $1.55 and its 200-day EMA above $1.80. Until XRP clears both of those levels, the current move is nothing but a short-term rally."
"Momentum indicators are also starting to lean bullish, with the MACD flashing a bullish crossover, showing that buyers are in control."
XRP has experienced a significant price increase due to five consecutive days of positive ETF inflows totaling $38.86 million. This marks a turnaround from previous outflows and brings cumulative inflows to over $1.25 billion. Ripple's recent events, including predictions for stablecoin volume and ecosystem expansions, contribute to this momentum. However, XRP must break through key resistance levels at $1.55 and $1.80 to confirm a trend reversal. Current bullish indicators suggest potential for further gains, but a failure to maintain above $1.45 could lead to a retracement.
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