XRP Spot Flows Skyrocket Despite Broader Market Optimism
XRP's spot flows have seen a significant surge of 182% over a short-term interval, despite a broadly constructive market backdrop.
The increase in trading activity from both buyers and sellers has led to mixed net spot flows throughout the session. This unusual divergence between price action and capital movement suggests that XRP is struggling to reclaim higher ground.
While other major cryptocurrencies have benefited from renewed optimism, XRP continues to trade below key resistance levels around $1.10. The asset's long-term trend remains firmly bearish as it remains locked beneath its 50-day, 100-day, and 200-day moving averages.