XRP Price Poised for Rebound as ETF Inflows Near $2 Billion Milestone

XRP's price has been relatively stable this month, underperforming other top altcoins like Zcash, Near Protocol, and Ethereum. However, ongoing XRP ETF inflows suggest a strong rebound may be on the horizon.

The Bitwise XRP ETF has accumulated over $647 million in assets, contributing to the funds' growth of over $117 million in assets in recent days. The cumulative inflows have now reached $1.8 billion, with spot XRP ETFs holding over $1.7 billion in assets.

XRP's fundamentals are also looking strong, with Ripple USD stablecoin growth continuing its momentum, reaching a market capitalization of over $2.4 billion. RLUSD in XRP Ledger has jumped to over $1.1 billion, while XRP's demand has continued to rise in the spot and futures markets.

Technicals point to a strong XRP price surge, with the coin about to form a golden cross pattern, where the 50-day and 200-day Exponential Moving Averages (EMA) cross each other. This pattern often leads to more gains, and in XRP's case, the last time it formed a golden cross was in November 2024, which led to a significant short squeeze.