XRP Sees $13 Million Institutional Influx Amid Volatility

XRP has seen substantial institutional purchases through spot ETFs, totaling $13.24 million in recent days. These inflows have boosted demand for XRP on exchanges and provided increased liquidity, supporting current buying activity.

The cumulative holdings of these ETFs are approaching $1.2 billion, indicating sustained interest from institutions in the token.

However, despite this momentum, XRP is trading below its key short- and medium-term moving averages, with mixed signals on technical indicators.

A potential price range of $1.3114 to $1.6294 has been identified for the coming days, with both upward and downward breakouts remaining possible.