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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

$1.0429

-2.20%

$1.0429

-2.20%

(24s)

24h Volume

$1,243,332,479.32

24h H/L

$1.0899 / $1.0122

Change: $0.0777 (7.68%)

Long/Short

74.6%

Long: 74.6%Short: 25.4%

Funding Rate

-0.0134%

Shorts pay

Data provided by COINOTAG DATALive data

Ripple

Daily

$1.0442

▼ -2.74%

Volume (24h): -

Resistance Levels

Resistance 3$1.2153

Resistance 2$1.1268

Resistance 1$1.0735

Price$1.0442

Support 1$1.0122

Support 2$0.9711

Support 3$0.8660

Pivot (PP):$1.0488

Trend:Downtrend

RSI (14):31.0

Cointelegraph Staff

(05:54 PM UTC)

1 min read

Reviewed byDavid Kim

788 views

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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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