Spot XRP ETFs see $157M inflows amid price dip, signaling potential XRP supercycle if price holds above $1.10
Spot Ripple ETFs have recorded nine consecutive days of inflows totaling $157 million this month, indicating strong investor interest despite XRP's price dropping over 8.5% to around $1.38. Whale investors remain divided, with some holding long positions and others shorting XRP, reflecting uncertainty about the altcoin's near-term direction. For a potential XRP supercycle to materialize, bulls need to maintain the price above the key moving average crossover at $1.10. The current price correction might be a temporary pause before a continued rally if support holds.
Spot Ripple ETFs have recorded nine consecutive days of inflows totaling $157 million this month, indicating strong investor interest despite XRP's price dropping over 8.5% to around $1.38. Whale investors remain divided, with some holding long positions and others shorting XRP, reflecting uncertainty about the altcoin's near-term direction. For a potential XRP supercycle to materialize, bulls need to maintain the price above the key moving average crossover at $1.10. The current price correction might be a temporary pause before a continued rally if support holds.
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