XRP experienced a 6% price slip last week, yet spot ETF inflows exceeded $10 million, signaling robust investor confidence. This resilience stems from steady open interest and positive funding rates, indicating long-term holders are undeterred by short-term volatility in the XRP market.
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XRP spot ETF inflows reached $10.23 million daily, pushing total net assets to $861.32 million despite price dips.
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XRP traded near $2.02, with consistent buying even on quieter market days.
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Momentum indicators like RSI and CMF show weak but stable demand, with capital flow remaining slightly positive at 0.04.
Discover why XRP’s 6% dip didn’t deter investors, with strong ETF inflows and steady open interest. Explore the latest XRP price action and market signals for informed decisions.
What Are the Latest XRP ETF Inflows and Their Impact?
XRP ETF inflows demonstrated impressive resilience last week, totaling over $10.23 million in daily net additions despite the token’s 6% price decline. This surge, highlighted by a peak of more than $240 million earlier in the period, underscores sustained institutional interest in XRP. Total net assets under management climbed to $861.32 million, reflecting a broader trend of accumulation amid market fluctuations.
How Has XRP’s Price Action Evolved Amid Recent Volatility?
XRP’s price action has shown a pattern of consolidation around the $2.05 level, retreating from recent highs as resistance at $2.10 consistently capped upward moves. Technical indicators reveal a cooling but controlled environment: the Relative Strength Index (RSI) indicated subdued momentum without entering oversold territory, while the Chaikin Money Flow (CMF) hovered near 0.04, suggesting modest positive capital inflows. Data from TradingView illustrates this stability, with XRP positioned below the 20-day Exponential Moving Average (EMA) at $2.29, yet avoiding panic selling.
According to market analysts at SoSoValue, such indicators point to a healthy pause rather than a bearish reversal. This phase aligns with historical patterns where XRP consolidates before renewed momentum, supported by on-chain metrics showing steady holder accumulation. Expert commentary from blockchain researchers emphasizes that these inflows correlate with growing adoption in cross-border payments, bolstering XRP’s utility. For instance, Ripple’s ongoing partnerships have enhanced network activity, with transaction volumes remaining above average levels even as spot prices softened. This combination of technical stability and fundamental strength positions XRP for potential recovery, as investors weigh short-term dips against long-term prospects.
Ripple’s XRP spent the week slipping by 6%, but if investors were worried, they certainly didn’t show it.
Spot ETFs still pulled in over $10 million in fresh inflows, so perhaps the real story isn’t in the price chart at all. With Open Interest (OI) holding steady and funding staying slightly positive, there seems to be more.
A seemingly ordinary week, but with potentially more in store.
Spot ETFs stay strong
Daily inflows crossed $10.23 million, with one of the strongest days landing earlier in the cycle when inflows spiked above $240 million.
Even as XRP [XRP] traded near $2.02, investors kept adding exposure, pushing total net assets to $861.32 million.
The consistency is hard to miss. Smaller (but steady) buying continued throughout the 4th and the 5th of December, with inflows still coming in even on quieter days.
Source: SoSoValue
Looks like price weakness isn’t scaring long-term buyers. If anything, they’re buying more while the market looks elsewhere.
Price action may look soft, but is stabler than you think!
Over the past week, XRP has traded around $2.05, slipping from its recent highs as sellers stayed active. There have been repeated attempts to push above $2.10, but each move has been met with resistance.
Momentum indicators make this cooldown obvious: the RSI showed weak but not alarming demand. Meanwhile, the CMF held near 0.04, so there’s only a slight positive capital flow.
Source: TradingView
Even with price under the 20 EMA at $2.29, the market isn’t panicky. Perhaps, just a period of slow consolidation.
Steady under the surface
XRP’s pullback hasn’t shaken its investors. Instead, the market appears comfortably in wait.
Frequently Asked Questions
What Drives XRP ETF Inflows Despite Price Declines?
XRP ETF inflows persist due to strong institutional confidence in Ripple’s technology for cross-border transactions. Last week’s $10.23 million addition reflects long-term bets on regulatory clarity and network growth, outpacing the 6% price slip and highlighting diversified investor strategies focused on fundamentals over volatility.
Is XRP’s Current Price Action a Sign of Recovery?
XRP’s trading around $2.05 with stable RSI and CMF indicators suggests a consolidation phase ripe for recovery. Investors should note steady open interest and positive funding rates, which typically precede upward moves in similar market cycles for this established cryptocurrency.
Key Takeaways
- XRP ETF Strength: Inflows topped $10 million weekly, boosting assets to $861 million amid price softness.
- Technical Stability: RSI and CMF show controlled momentum, with no signs of panic selling.
- Investor Resilience: Long-term holders continue accumulating, positioning XRP for potential rebounds.
Conclusion
In summary, XRP’s recent 6% price slip belies underlying strength, as evidenced by robust XRP ETF inflows and stable market indicators like open interest and funding rates. This period of consolidation around $2.05, supported by positive capital flows, aligns with Ripple’s expanding role in global payments. As regulatory developments unfold, staying attuned to these XRP price action signals could offer timely opportunities for investors.
Final Thoughts
- XRP’s investor conviction remains strong despite the week’s 6% dip.
- Consolidation might make way for its next major move.
