XRP Flaunts a 3-Week ETF Inflow Streak, So Why is Price Still Stuck Below $1.50?
Despite three weeks of positive XRP ETF inflows, the price remains stagnant due to fading institutional conviction and bearish technical signals.Summary
XRP price is trading flat below $1.50, showing market indecision despite XRP spot ETFs recording three consecutive weeks of inflows. However, institutional strength is rapidly fading, as weekly inflows dropped nearly 95% over the three-week period. Technically, XRP fell below its weekly Volume Weighted Average Price (VWAP) on February 18, suggesting institutional holders are underwater, and a hidden bearish divergence on the RSI indicates weakening momentum.
On-chain data shows that while buying pressure has weakened (evidenced by declining exchange outflows), dip buyers are still active, preventing a sharp collapse. This accumulation is confirmed by the Money Flow Index (MFI) trending higher while the price trended lower. This sustained dip buying is keeping the price relatively stable for now.
Crucially, XRP is approaching a final support cluster around $1.26, where many investors bought in. If this level breaks, a sharp acceleration of selling pressure could push the price toward $1.162 or $1.024. For a sustained recovery, XRP must reclaim $1.439, with a breakout above $1.670 needed to negate the current bearish momentum.
(Source：BeInCrypto)