XRP Treads Water at $1.41 Amid Strong ETF Inflows
XRP maintained its position in the spotlight as its price development and robust U.S. spot exchange-traded fund (ETF) inflows converged to shape market sentiment.
At the time of reporting, XRP stood at $1.41, reflecting a daily loss of 0.93%. Trading volume over the previous 24 hours reached $3.43 billion, while its overall market capitalization totaled $88.66 billion.
Egrag Crypto outlined that the $1.15, $1.20 range constitutes a crucial structural retest level in the short-term price outlook. He explained that this zone combines horizontal support with the lower boundary of his market structure tracker, making it a likely area for buyers to defend during any price correction.
The 200-day EMA represented the nearest dynamic support zone to the current price, and analysts emphasized that consistent ETF inflows may strengthen market confidence and provide support for future price action.