The time span taken was 24 hours between 1.1046 and 1.1575. An increase of 1.9%. Many will describe this as a meaningless move. I see it differently.
XRP is currently in a strange place. A golden cross is forming on the four-hour chart, and short-term momentum is trying to recover. But the daily trend remains bearish. The 7-period moving average is below the 30-period moving average. The 30-period moving average is below the 120-period moving average. The Relative Strength Index is at 34.93. This chart is not technically strong.
However, I am not selling. And I want to explain why.
Because the gap between the price and fundamentals in XRP has not been this wide in the past six months.
Currently, there are seven US-based direct investment funds for XRP, and these funds hold about 840 million XRP in total. This represents 1.5% of the circulating supply. In November 2025, this value was zero. Today, it is not zero and increasing. May 2026 was a month of record monthly inflows for these funds. $131.94 million. This week, the market saw an inflow of $2 million in one day.
These numbers are unusual. Institutional money is flowing into XRP, and this has not yet been fully reflected in the price chart.
The CLARITY Act passed the Senate Banking Committee with a 15-9 vote. It was added to the Senate’s general agenda on June 1. President Trump aims to sign the law by July 4. Galaxy Digital sees a 60% chance of this happening. Polymarket estimates 62%.
What will change if this law passes? XRP will be classified as a federal digital commodity, as determined by the SEC and CFTC in March 2026. No future government can reverse this unilaterally. Standard Chartered predicts additional inflows of $4 to $8 billion into XRP funds in this scenario. The XRP ETF application from WisdomTree is currently under review. There are currently seven funds. If approved, this number will grow, and so will the demand.
Let’s return to the technical chart. The area between 1.10 and 1.16 is currently a consolidation zone. The RSI is approaching oversold levels at 34.93. The golden cross on the four-hour chart is a short-term support signal. But this bullish trend will struggle to gain momentum without a correction in the daily moving average structure.
The key question for me is: is this accumulation, or is it a prelude to a deeper decline?
Chain data indicates accumulation. Elliott wave analysts identify June 12 at 1.12 as a bottom and target between 2.39 and 3.11. But these are scenarios, not guarantees.
My stance is: I hold Gate shares. I keep positions I can afford to lose; I’ve never changed this rule. As the CLARITY vote approaches, the market will start pricing it in. The Federal Reserve meeting on June 16-17 will set the overall tone. A bullish signal will disproportionately boost assets like XRP that are gaining legal clarity.
An asset caught between the golden cross on the four-hour chart and the daily downtrend. But an asset with $1.43 billion in institutional ETF funds on its balance sheet, sitting at the tokenization table in DTCC with Goldman and J.P. Morgan, offered as a deposit bonus from SBI Bank, awaiting regulatory approval. The chart says one thing. The fundamentals say another. The market will show us in the coming weeks which of these voices is right. I’ve already given my answer.

This content is for informational purposes only and does not constitute financial advice.

XRP3.13%

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User_any2026-06-13 22:30:19

$XRP #MyGateTradeStory

The 24-hour period between 1.1046 and 1.1575. A 1.9% increase. Many would call this a meaningless move. I see it differently.
XRP is currently in a strange place. A golden cross has formed on the 4-hour chart, and short-term momentum is trying to recover. But the daily trend is still downward. MA7 is below MA30. MA30 is below MA120. RSI is 34.93. This chart is not technically strong.
Yet I am not selling. And I want to explain why.
Because the gap between price and fundamentals in XRP has never been this wide in the last six months.
Currently, there are seven US spot XRP ETFs, and these funds hold approximately 840 million XRP in total. This is 1.5% of the circulating supply. In November 2025, this figure was zero. Today it is not zero and it is growing. May 2026 was a record monthly inflow month for these ETFs. $131.94 million. This week, another $2 million entered the market in a single day.
These figures are not ordinary. Institutional money is flowing into XRP, and this hasn't fully reflected in the price chart yet.
The CLARITY Act passed the Senate Banking Committee with a 15-9 vote. It was added to the Senate's general calendar on June 1st. President Trump is targeting July 4th as the signing date. Galaxy Digital sees a 60% chance of achieving this. Polymarket sees 62%.
What will change if this law passes? XRP will fall under federal law as a digital commodity, as already classified by the SEC and CFTC in March 2026. No future government can unilaterally reverse this. Standard Chartered anticipates an additional $4 to $8 billion in inflows into XRP ETFs in this scenario. WisdomTree's pending spot XRP ETF application is in the approval process. There are currently seven funds. If approved, this number will grow, and with it, demand will increase.
Let's return to the technical chart. The area between 1.10 and 1.16 is currently a consolidation zone. The RSI is approaching oversold at 34.93. The 4-hour gold cross is a short-term support signal. But this uptrend will struggle to gain momentum without a correction in the daily MA structure.
The critical question for me is: Is this consolidation accumulation, or is it preceding a deeper decline?
On-chain data points to accumulation. Elliott Wave analysts are marking the June 12 level of 1.12 as a bottom and targeting between 2.39 and 3.11. But these are scenarios, not guarantees.
My position is this: I hold onto Gate. I hold onto positions I can afford to lose; I've never changed this rule. As the CLARITY vote approaches, the market will start pricing it in. The Fed's June 16-17 meeting will set the macro tone. A dovish signal would disproportionately boost assets like XRP that are gaining legal clarity.
An asset stuck between the 4-hour gold cross and the daily downtrend. But it's an asset with $1.43 billion in institutional ETF funds on its balance sheet, sitting at the DTCC tokenization table with Goldman and JPMorgan, offered as a deposit bonus by SBI Bank, and awaiting regulatory approval. The chart says one thing. The fundamentals say another. The market will show us in the coming weeks which of these two voices is right. I've already given my answer.

This content is for informational purposes only and does not constitute financial advice.

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.

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