Ripple’s XRP has recovered by around 2% over the past 24 hours, climbing back toward $1.34.
This development happens as institutions continue to show interest in XRP through immediate-purchase exchange-traded funds, despite the overall market performing poorly.
XRP ETFs Extend Positive Inflow Streak
Looking at today’s data from SoSoValue, I’m seeing strong interest in XRP ETFs. We recorded $11.88 million in net inflows for the day, which brings the total net assets under management to $1.42 billion, or $1.12 billion when looking at just the net asset value.
The figure represents 1.37% of the total XRP market cap.
This comes after a good day yesterday, where these products attracted around $1.77 million, even though the overall cryptocurrency market was down.
While the amount of money coming in isn’t huge, it suggests a short-term pattern: even with market uncertainty, institutions are still buying XRP.
While the recent gains are encouraging for XRP investors, demand from exchange-traded funds hasn’t been strong enough to completely overcome the overall price decline we’ve seen.
XRP Price Outlook: Key Levels to Watch
While XRP experiencing a 2% price increase each day is a positive sign, it’s too early to say if this means the price is definitely changing direction. The token recently fell to its lowest price since March, and the $1.20 level remains important for preventing further drops.
The first major upside level to watch is around $1.4.
As we previously noted, XRP is facing a key resistance level around its 100-day moving average. If the price can break above this level, it could potentially rise to between $1.50 and $1.60 and boost confidence in the short term.
If the price falls below $1.20, it could signal a downturn and lead to further price drops for the altcoin. This risk is heightened if Bitcoin and the overall crypto market also start to fall.
For now, however, XRP’s price outlook remains cautious.
Read More
- Forza Horizon 6: Find the Ohtani Treasure Chest Location
- NTE Drift Guide (& Best Car Mods for Drifting)
- LEGO Batman Legacy of the Dark Knight Batcave Minikits & WayneTech Caches
- How to Open Locked Door in Tenryu River in Nioh 3 (Dirty Key)
- Skyblivion Gets Encouraging Development Update
- Sega’s “Super Game” is Said to Release Next Month, But Nothing is Known About It
- God of War Shadow Drops New Game and Confirms Greek Trilogy Remake
- Dead as Disco Best Songs (Clear Beats & Stable BPMs)
- Asmongold reveals shocking detail about how much money he makes
- New Steam Game is Like Pokemon If It Were a Sci-fi Shooter
2026-05-30 13:11