- XRP is now trading at $2.03, holding the $2.02–$2.03 support zone, showing steady buyer strength.
- $861M in XRP ETF inflows shows strong and sustained institutional accumulation.
- MACD is turning bullish, increasing the probability of a breakout above $2.05.
XRP has seen increasing institutional investment interest. Spot ETFs have experienced a significant increase in net inflows over the last 15 days, with approximately $861 million in inflows, or nearly 1% of its circulating supply, indicating a strong level of confidence among regulated investors towards the asset. At press time, the coin is trading at $2.03, with a decline of 1.1% over the past 24 hours.
$861M ETF Inflow Shows Investor Confidence
According to the recent update on X by the Analyst named XRP Upgrade, new ETF data confirms a surge in daily inflows, with a number of days with inflows over $100 million. The data confirms that despite fluctuations in price over the short term, leading institutions are still accumulating large volumes of the coin, validating their regulatory demand for investment.
Also Read: XRP Fear Zone Signals Potential Rally with Target at $2.65
XRP Holds Support as MACD Turns Bullish
XRP has shown continued strength in holding the support area of $2.02 and $2.03 on the TradingView chart. The MACD indicator has started to climb higher, which is an indication of possible initial buying pressure, mostly because sellers were unable to push the price of the coin below a significant support level. If it can break through the $2.04 – $2.05 resistance, then it will signal stronger support and could provide additional price gains within a short timeframe towards $2.10 and $2.12.
XRP ETF Daily Inflows Continue to Rise
According to the graph taken from Coinglass, ETF Inflows Confirm Continued Institutional Demand. Although the coin has been trading within the price range between $2.00 – $2.20, daily activity has maintained a positive accumulation. This suggests that the accumulation trend is systematic instead of speculative, and may indicate that institutions are positioning themselves ahead of a potential 2025 market expansion.
In conclusion, strong inflows into the coin from ETFs and supportive levels around $2.02 to $2.03 suggest it will continue to establish bullish momentum. As MACD continues to improve and a move above $2.05 appears possible, it’s important to note that high levels of volatility in the current market may cause the price to change direction quickly.
