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XRP bulls gain ground over bears on social media, ETF inflow streak continues

Spot XRP exchange-traded funds continued a streak of positive flows, with over $20.1 million recorded on Friday, marking 19 consecutive days of net inflows.

🔗 Source

💡 DMK Insight

XRP’s ETF inflows are telling us something big is brewing in the market. With over $20.1 million in net inflows on Friday, marking 19 consecutive days of positive movement, traders should pay close attention. This sustained interest could indicate growing institutional confidence in XRP, especially as it trades at $2.00. If this trend continues, we might see a breakout above key resistance levels, potentially pushing XRP higher in the coming weeks. Look for the $2.20 level as a critical point; a solid close above that could trigger further buying momentum. But here’s the flip side: if inflows reverse, it could signal a shift in sentiment, leading to increased volatility. Traders should monitor not just XRP but also related assets like Bitcoin and Ethereum, as their movements often correlate with altcoin trends. Keep an eye on the daily charts for any signs of exhaustion in this inflow trend, as that could precede a pullback.

📮 Takeaway

Watch for XRP to break above $2.20; sustained inflows could drive momentum, but a reversal might signal increased volatility.

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