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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

$1.0737
-2.93%
24h Volume

$807,580,555.60

24h H/L

$1.1182 / $1.0721

Change: $0.0461 (4.30%)

Long/Short
76.8%
Long: 76.8%Short: 23.2%
Funding Rate

+0.0017%

Longs pay

Data provided by COINOTAG DATALive data
Ripple
Ripple
Daily

$1.0789

-0.75%

Volume (24h): -

Resistance Levels
Resistance 3$1.163
Resistance 2$1.1313
Resistance 1$1.0963
Price$1.0789
Support 1$1.0755
Support 2$1.0426
Support 3$0.8622
Pivot (PP):$1.0969
Trend:Downtrend
RSI (14):43.4
CS
Cointelegraph Staff
(05:54 PM UTC)
1 min read
DK
Reviewed byDavid Kim
788 views
0 comments

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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Cointelegraph Staff · Cointelegraph

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