XRP rises above $1.14 amid ETF inflows and strong on-chain signals despite US regulatory delays
XRP climbed above $1.14 driven by positive ETF inflows, increased wallet activity, and technical buy signals, signaling renewed accumulation despite ongoing US regulatory uncertainty. Institutional demand remains strong with $6.55 million inflows into US-listed XRP ETFs, pushing total assets near $988 million. On-chain data shows a 72% surge in active wallets and declining exchange balances, indicating reduced selling pressure. The market awaits US legislative progress on the CLARITY Act, which will influence XRP's medium-term outlook, while technical resistance lies between $1.11 and $1.18 and support around $1.05-$1.06.
XRP climbed above $1.14 driven by positive ETF inflows, increased wallet activity, and technical buy signals, signaling renewed accumulation despite ongoing US regulatory uncertainty. Institutional demand remains strong with $6.55 million inflows into US-listed XRP ETFs, pushing total assets near $988 million. On-chain data shows a 72% surge in active wallets and declining exchange balances, indicating reduced selling pressure. The market awaits US legislative progress on the CLARITY Act, which will influence XRP's medium-term outlook, while technical resistance lies between $1.11 and $1.18 and support around $1.05-$1.06.
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