XRP Breaks Out Above $1.40 on ETF Inflow Surge

The $XRP token has been attracting significant institutional capital in recent days, with U.S.-listed XRP ETFs drawing in $18.98 million across September 8-10.

This influx of investment is noteworthy, especially when compared to other major cryptocurrencies like Bitcoin and Ethereum, which saw net outflows of $449.45 million and $29.76 million respectively during the same period.

The divergent trend suggests that XRP may be poised for a continued recovery, with technical analysts pointing to the $1.40 level as a crucial breakout point.

If XRP can surpass this resistance level, it could potentially target prices of around $2, although this would require a sustained move beyond $1.58 and clearing the significant resistance at $1.70.