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via Cointelegraph · By Cointelegraph Staff
XRP ETF Cumulative Inflows Hit All-time Highs: Will It Trigger a Price Rally?
XRP
XRP/USDT
$1.3901
-2.28%
$1.3901
-2.28%
(24s)24h Volume
$2,652,227,521.69
24h H/L
$1.453 / $1.3574
Change: $0.0956 (7.04%)
Long/Short
73.5%
Long: 73.5%Short: 26.5%
Funding Rate
+0.0059%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(05:54 PM UTC)
1 min read
XRP (XRP) price is down 3.2% in the past 24 hours and 6% below its recent high of $1.50 to trade at $1.42 on Tuesday. Despite this pullback, analysts say XRP is still positioned for further gains backed by several market and technical factors.
Key takeaways:
- Spot XRP ETFs logged $25.8 million in inflows on Monday, driving cumulative net inflows to a record $1.35 billion.
- Analysts say XRP price shows…
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