XRP price risks 40% decline versus Bitcoin despite 9-day ETF inflow streak

💡 DMK Insight

XRP’s recent ETF inflows signal a shift in market sentiment, and here’s why that matters: With XRP currently priced at $1.44, the nine-day streak of net inflows into XRP ETFs indicates a growing institutional interest, which could help stabilize and even propel prices higher. This trend comes at a time when many traders are looking for signs of recovery in the crypto market, especially after recent volatility. If these inflows continue, we could see XRP testing resistance levels above $1.50, which would be a key psychological barrier. On the flip side, if inflows reverse, it could trigger a sell-off, pushing XRP back towards support levels around $1.30. Traders should keep an eye on the daily volume of ETF transactions and any news that might impact regulatory sentiment around XRP. A sustained increase in inflows could indicate a bullish trend, while a sudden drop could signal caution. Watch for any developments that might affect institutional buying behavior, as this could have ripple effects not just on XRP but also on the broader altcoin market.