XRP Soars Over 50% in Seven Days Amid Record Spot ETF Inflows
XRP has had a remarkable week, surging over 53% in just seven days to reach a nearly seven-month high of $1.54.
This impressive rally pushed XRP back into a price zone that has historically served as a ceiling, according to market analyst Ash Crypto.
Critical resistance sits at $1.55, while short-term support has formed around $1.45, with market observer Crypto Patel pinpointing the latter as a key barrier ahead.
The uptick in XRP's price coincided with a significant increase in spot ETF inflows, which reached $39.78 million between August 17 and 21, marking the highest weekly performance since May.