$XRP Nears $2.00 as ETF Inflows Stay Strong Retail Still Weak
XRP gained over 3% trading around $1.87 rebounding from a dip near $1.77. Softer US inflation data boosted risk sentiment while spot XRP ETFs continue to drive institutional demand.
📈 ETF Inflows (Bullish Signal)
~$30M inflows in one day
Grayscale 21Shares and Franklin Templeton leading
$1.06B total cumulative inflows
No net outflows since launch → strong institutional confidence
📉 Retail Demand Still Lagging
Futures open interest fell to $3.21B
Far below prior peaks above $8–10B
Low leverage and weak retail participation limit upside
🔧 Technical Snapshot
RSI ~37 (selling pressure easing)
MACD still bearish
Price below key EMAs ($2.15–$2.42)
Break above $2.15 needed for stronger upside
Loss of $1.77 risks renewed downside
🔍 Bottom Line
ETF inflows are supporting XRP but without retail momentum rallies may stay fragile. Watch $2.15 resistance and $1.77 support closely.
