XRP’s bullish signals are building, but price action has yet to follow
Summary
XRP is experiencing a divergence between positive fundamental indicators and its recent price performance. While the asset has faced a 5% decline to $1.40, institutional interest is at its highest this year, evidenced by $60 million in weekly net inflows for XRP ETFs. Furthermore, large-scale investors are moving significant quantities of XRP off Binance into private custody, and XRPL on-chain activity has reached a two-month high, supported by new institutional partnerships. Despite these bullish signals, the token has yet to overcome short-term selling pressure, leaving the market to watch if these fundamental trends can eventually trigger a sustained price breakout.
(Source:CryptoSlate)