Just checked XRP and it's sitting around $1.38 right now, but the interesting thing is it actually pushed past $1.40 a few days ago when Ripple announced that partnership with Kyobo Life Insurance in Korea. That kind of enterprise adoption news tends to get traders moving fast, and you could see the momentum build pretty quickly across the crypto market.



What caught my attention though is the ETF side of things. Spot crypto ETFs for XRP have been pulling in solid inflows lately—Wednesday hit $17.6M which is up from $11.2M the day before. That kind of institutional crypto activity usually sticks around and supports the price during pullbacks. The total crypto ETF flows into XRP are now over $1.25B, which is pretty meaningful for keeping things stable.

Technically it's still a bit mixed. Price is holding above $1.38 support but below those longer-term moving averages. If buyers defend this level and we see more ETF crypto demand coming in, could test $1.41-$1.44 again. But if it breaks below $1.37, might see another leg down. Watching the flow data alongside the chart right now—that's usually where the real signals are.
XRP-1.15%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments