XRP News: ETF capital inflows surpass $1.25 billion, why is XRP price still hovering around $1.86?

XRP-0,47%
BTC-0,89%

Although the capital inflow into XRP spot ETF continues to grow, the price performance remains sluggish, and the market shows clear divergence. As of recent, the total assets held by XRP ETFs have surpassed $1.25 billion, indicating that institutional investors’ demand for XRP allocation is still increasing. However, the XRP price has fallen back to around $1.86, encountering persistent selling pressure during the rebound, reflecting that short-term trading sentiment remains cautious.

From a liquidity perspective, in the past few trading days, XRP ETF new funds have added approximately $8.19 million, continuing the stable inflow trend. This phenomenon aligns with the current overall logic of institutional participation in the crypto market: rather than directly chasing spot volatility, more funds prefer to adopt compliance and transparent ETF products for medium- to long-term positioning, reducing custody, compliance, and operational costs. In a context of ample liquidity and gradually clarified regulatory expectations, ETFs have become the main channel for institutions to allocate XRP.

However, the price has not yet reflected this demand. Technical analysis shows that XRP has been oscillating within the $1.85 to $1.91 range recently. The $1.90 to $1.91 zone faces obvious selling pressure, with sellers continuously offloading at this level. Volume data indicates that near $1.91, selling transactions significantly increase, suggesting this is a genuine supply concentration area rather than a decline caused by liquidity vacuum.

On the other hand, bulls have successfully defended around $1.86 multiple times. The price briefly broke below the consolidation zone but quickly rebounded, indicating stable buying support in that area. The current market is forming a gradually narrowing range structure, implying that the next effective breakout or breakdown could become a key turning point for the short-term trend.

From a more macro perspective, Bitcoin’s recent lack of strength has also suppressed overall market risk appetite. Until mainstream assets establish a clear direction, XRP, even with ETF capital inflows, will find it difficult to quickly break out of the range-bound pattern.

In summary, in the short term, XRP’s price movement will continue to revolve around the tug-of-war between ETF capital support and technical resistance. If XRP can regain stability above $1.88 and effectively break through $1.91, the price is likely to test the $1.95 to $2.00 range; conversely, if it falls below $1.86, a correction to the demand zone around $1.80 is not impossible. Overall, ETF capital inflows provide a downside buffer for XRP, but the true directional choice still depends on key level breakthroughs and the overall performance of Bitcoin.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

RippleX Shares Asset Manager's Perspective on XRP ETF Market Expansion

Gate News reported that on March 19, RippleX shared insights from Rayhaneh Sharif-Askary, an executive at an asset management institution, on ETF-driven expansion of cryptocurrency access. Sharif-Askary stated that the cryptocurrency market has matured and has moved beyond a single Bitcoin-dominated phase, with ETF products now providing investors with broader access channels to crypto assets.

GateNews3m ago

Ripple-Linked Evernorth Files S-4 to Launch XRP Treasury Firm

Evernorth Holdings plans to go public via a SPAC merger, targeting over $1B in funds while actively managing its substantial XRP holdings. The move follows regulatory clarity on XRP's status as a digital commodity.

CryptoFrontNews13m ago

Ripple Labs Transfers 55 Million XRP, Worth $80 Million

Gate News reports that on March 19, Ripple Labs transferred 55 million XRP through two transactions, valued at approximately 80 million US dollars. Additionally, analysts forecast a price target of $4 for XRP.

GateNews47m ago

XRP Treasury Firm Evernorth Inches Closer to Public Listing With $685 Million Stash

In brief Evernorth Holdings filed a new S-4 registration statement with the SEC about its intentions to go public. The firm aims to become the biggest XRP treasury firm, and is expected to launch with $685 million in XRP tokens. It originally raised more than $1 billion to build its XRP

Decrypt49m ago

XRP Treasury Firm Evernorth Files to Go Public on Nasdaq

_Evernorth files SEC Form S-4 to go public on Nasdaq via SPAC merger, plans XRP treasury strategy, yield program, and blockchain validator support._ XRP treasury company Evernorth filed papers to go public in the United States. The company filed a Form S-4 with the US Securities and Exchange

LiveBTCNews2h ago
Comment
0/400
No comments