XRP ETF Holdings Surge by $50.27M Reaching $906.46 Million Total

XRP ETF holdings rise by $50.27M, reaching $906.46M, signaling growing institutional confidence and potential for further price growth.

XRP has attracted significant attention from institutional investors as ETF holdings increase by $50.27 million. This brings the total ETF exposure to XRP to $906.46 million.

The steady rise in institutional involvement signals growing confidence in XRP’s future price movements. As more investors enter the market, XRP’s outlook appears increasingly positive.

ETF Inflows Boost XRP Price Outlook

The recent addition of $50.27 million in ETF holdings is a clear sign of growing institutional interest. These large investments are more consistent, indicating a long-term commitment to XRP. Institutional buyers are showing confidence in XRP’s potential, which could lead to further price increases.

As ETF holdings approach the $1 billion mark, the overall market sentiment improves. This surge in institutional capital is helping create a more stable foundation for XRP. With stronger backing from large buyers, the asset is likely to experience less volatility in the near term.

In addition to this, consistent institutional inflows suggest that demand for XRP could remain high. Market participants are closely watching these trends, as they offer valuable insights into future price movements. The strength of institutional interest is reinforcing the bullish outlook for XRP.

Inverse Head-and-Shoulders Pattern Indicates Potential Upside

XRP’s weekly chart shows an inverse head-and-shoulders pattern. The left shoulder formed in early 2017, with a low near $0.15. The head appeared in early 2018 at $0.25, marking the lowest point. The right shoulder developed between 2020 and 2022, with XRP testing the $0.30-$0.40 range.

XRP is now testing the neckline resistance at $2.24. A breakout above this level could drive the price to $2.50. If XRP holds above $2.15, the trend may continue. The next target could be $3.00.

The RSI is at 55.77, showing neutral conditions. This suggests there is room for upside without an immediate correction. The MACD also shows bullish momentum, with the MACD line crossing above the signal line. These indicators support potential growth for XRP.

Related Reading: XRP Price Eyes $3 Rally Backed by ETF Inflows and Strong Whale Buying

Buyer Activity and Spot Flow Dynamics Support XRP’s Rise

Recent market data shows that buyer activity remains strong, supported by dominant taker buy CVD signals. These signals reflect consistent buying pressure, particularly during reactive market moments. As a result, XRP’s price is receiving steady upward support from institutional buyers.

Spot outflows have decreased, further easing short-term selling pressure. The latest outflow reading of $11.7 million indicates that selling has slowed. This shift provides a more balanced market, reducing the risk of significant price drops.

With buying pressure continuing to dominate, XRP’s outlook remains positive. The moderation in outflows and consistent demand suggest that XRP is positioned for stable growth. If this trend continues, XRP could see further price improvements in the coming weeks.

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