XRP Price Jumps 3% to $1.33 Amid Red ETF Inflows

XRP has seen a 3% price increase to $1.33 as ETF inflows turned red, marking an intriguing XRP price forecast.

This week's chart and ETF tape are telling opposite stories, with spot XRP funds shedding 3.97 million XRP on Sept. 17, wiping out the prior session's 2.73 million XRP inflow from Franklin Templeton's XRPZ.

The flow leadership flipped alongside this, with Bitcoin spot ETFs taking in a net 2,090 BTC on Sept. 17, their first green session after shedding 3,910 BTC and 5,760 BTC on the two prior days.

Cumulative XRP ETF inflows remain at 923.66 million XRP since launch, but one red session doesn't undo the structural bid, sharpening the question: is a 3% rally on negative flows conviction or short covering?