📈 Market Analysis
Over the last three days, XRP has fluctuated between 1.98 and 2.18 USDT, recording a decline of 3.94%. The daily RSI indicates an oversold area, and the price has dropped below the lower Bollinger band, suggesting a potential short-term rebound. The trading volume has decreased by 96% compared to the average, with a joint drop in price and volume, reflecting a weakening momentum and the need to monitor a potential trend reversal.
📄 Key News
The XRP spot ETF in the United States recorded a net inflow of 10.2 million dollars in one day, bringing the cumulative net inflows to 954 million dollars, thus strengthening institutional interest and market attention;
The Bitwise Top 10 Crypto Index Fund ETF has been listed, integrating XRP as a major asset and increasing its recognition in the market;
Coinbase adopts Chainlink CCIP as the exclusive cross-chain infrastructure, improving the interoperability of cbXRP and other assets, and supporting ecosystem expansion;
The Fed's year-end meeting hints at hawkish rate cut expectations, with the probabilities of reduction remaining low; this caution weighs on risk appetite;
JPMorgan partners with Galaxy to issue bonds on Solana, accelerating on-chain financial innovation and real-world adoption.
Overall, inflows into ETFs and institutional movements strengthen XRP's position, while macroeconomic policy remains the main driver of short-term volatility.
🧐 Market Sentiment
The Crypto Fear & Greed Index stands at 29 (Fear), reflecting a low appetite for risk.
Optimistic analysts significantly outnumber pessimists (16 to 5), driven by technical signals and ETF inflows.
Social media is focusing on the technical setup of XRP and its historical breakout precedents, with an increase in discussions and rebound expectations.
On-chain whales are facing latent losses but have not made massive sales, demonstrating a wait-and-see attitude.
✨ Key Points to Watch
The recovery of trading volume: will determine the strength and durability of a potential rebound; low volume limits momentum;
On-chain capital flows: significant inflows or outflows strongly influence sentiment; whale actions must be closely monitored;
Macroeconomic trends (rate cut expectations): remain the central factor of recent movements; any policy change could create trend opportunities;
Institutional behavior (accumulation or reduction): ETF flows and whale positions directly affect market confidence;
The evolution of sentiment towards a more uniform position: forming a consensus is often a signal of trend change and requires continuous observation.
Overall, short-term sentiment is improving, but momentum remains weak, leaving price movements largely dependent on macroeconomic factors and institutional flows.
