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Ripple (XRP) faces $1.50 resistance amid sustained ETF inflows
Ripple (XRP) is experiencing a period of mixed market signals, characterized by price volatility alongside strong institutional interest. Despite a recent 4.10% price decline to approximately $1.43, XRP spot ETFs in the United States have recorded nine consecutive days of net inflows, with cumulative inflows reaching roughly $1.6 billion.
On-chain data shows a significant surge in network activity, with active addresses increasing by over 650%. While large-scale transfers to exchanges like Binance have been noted, analysts suggest these movements may reflect portfolio rebalancing rather than immediate selling pressure.
Technically, XRP is testing a key resistance level at $1.50. While large-scale investors (whales) have reportedly accumulated approximately 380 million XRP recently, the Relative Strength Index (RSI) has entered overbought territory, signaling potential short-term volatility and profit-taking. The market is also closely monitoring U.S. regulatory developments, such as the CLARITY Act, which could impact institutional accessibility.