XRP Builds Bullish Momentum After Three Weeks of ETF Inflows, $1.1 Next?
- XRP holds above $1.04 as buyers target a breakout beyond $1.10 resistance.
- Three consecutive weeks of ETF inflows reflect growing institutional confidence in XRP.
- Improving technical indicators suggest weakening selling pressure and rising bullish momentum.
Ripple โ XRP, continues holding steady after recovering from recent weakness. Buyers have successfully defended key support during several trading sessions. Growing institutional demand also strengthens market confidence. However, major resistance still blocks the next leg higher. Traders now watch whether buying pressure can finally overcome that barrier. Technical indicators show improving momentum, while steady ETF inflows suggest large investors continue building positions despite recent price consolidation.
ETF Demand Supports XRP Recovery
XRP trades close to $1.07 after repeatedly holding support near $1.04. Sellers have lost some control, allowing prices to stabilize. Even so, buyers still face a difficult challenge before confirming a stronger recovery. Several moving averages now cluster between $1.07 and $1.10. That area creates a strong resistance zone. Every recent recovery attempt has struggled near those levels. Buyers must clear that barrier before targeting higher prices.
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