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XRP ETF inflows exceed $756M as bullish divergence hints at trend reversal

Spot XRP ETFs recorded inflows for 11 consecutive days as the RSI formed a bullish divergence on the price charts, early signs that a rally was in the cards.

🔗 Source

💡 DMK Insight

XRP’s recent ETF inflows and bullish RSI divergence are setting the stage for potential upside. With XRP currently at $2.18, the sustained inflows over 11 days indicate strong institutional interest, which could further fuel price momentum. The bullish divergence on the RSI suggests that while price may have been consolidating, underlying buying pressure is building. This is a classic setup for traders looking to capitalize on breakout strategies. Keep an eye on the $2.25 resistance level; a decisive break above could trigger a rally towards $2.50. Conversely, if XRP fails to maintain momentum and dips below $2.10, it could signal a reversal, so risk management is key. Here’s the thing: while the inflows are promising, they could also attract profit-taking, especially if the price spikes quickly. Watch for volume trends—if inflows continue but volume decreases, it could indicate weakening momentum. Overall, the next few days will be crucial for determining XRP’s trajectory.

📮 Takeaway

Monitor XRP closely; a break above $2.25 could signal a rally, but watch for volume trends to gauge momentum.

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