XRP price risks 50% drop despite 9-day ETF inflow streak

💡 DMK Insight

XRP’s recent ETF inflows are a game changer, hinting at a potential price rebound. With XRP currently at $1.36, the nine-day streak of net inflows suggests that institutional interest is growing, which could stabilize the price against broader market volatility. This trend could attract more retail investors, especially if XRP breaks key resistance levels. Traders should keep an eye on the $1.40 mark as a pivotal point; a sustained push above this could signal a bullish trend. However, if sell pressure resurfaces, particularly if broader market sentiment shifts, we might see a retracement. It’s also worth noting that while inflows are positive, they don’t guarantee a price increase. The market’s reaction to upcoming regulatory news or macroeconomic indicators could still impact XRP’s trajectory. Watch for any shifts in trading volume or sentiment that might indicate a reversal or continuation of this trend.