XRP ETFs Defy Downtrend as Token Eyes $2 Breakout
XRP continues to attract capital as U.S.-listed XRP ETFs took in $18.98 million across Sept. 8-10, while Bitcoin funds saw net outflows of approximately $449.45 million over the same period.
The divergence is significant, especially considering that Ethereum ETFs lost $29.76 million on Sept. 10, with XRP remaining the major crypto ETF category still attracting capital during the selloff.
XRP's technical setup is also being supported by this persistent demand. The token trades around $1.36, up roughly 1% over 24 hours after falling as low as $1.32 on Friday.
The next hurdle for XRP bulls lies at $1.40, a level that could decide whether the August recovery continues. Above $1.40, the next technical hurdle sits near $1.58, followed by major resistance at $1.70 before a potential move above $2.00.