$XRP
XRP Price Update: ETF Inflows Support Momentum Despite Bearish Signals
Ripple ($XRP ) gained over 3% on Friday, trading near $1.87, as buying pressure returned following volatile price swings that briefly pushed the token down to $1.77. The recovery was supported by softer-than-expected US inflation data, with the Consumer Price Index (CPI) rising 2.7% year-over-year, below market expectations. This macro relief helped improve short-term sentiment across the crypto market.
XRP exchange-traded funds (ETFs) listed in the United States continued to attract capital, recording nearly $30 million in inflows in a single day. Grayscale’s GXRP ETF led inflows, followed closely by products from 21Shares and Franklin Templeton. Total ETF inflows have now exceeded $1.06 billion, signaling growing institutional confidence since their launch in November.
Despite ETF strength, retail participation remains weak. Futures Open Interest has declined to $3.21 billion, reflecting reduced leverage and cautious trader behavior. Since the October flash crash, derivatives activity has remained subdued.
Technically, $XRP shows early signs of recovery, supported by a rising RSI. However, bearish EMA levels and a negative MACD suggest upside may remain limited unless price decisively breaks above $2.00 and key moving averages.