$XRP XRP trades under pressure as ETF inflows fail to lift sentiment
XRP trades amid increasing downside pressure, as steady ETF inflows fail to shift sentiment.
Retail demand remains suppressed as Open Interest in the derivatives market stabilizes at around $3.71 billion.
trading at $2.06 at the time of writing on Friday. Reversal below the prevailing market level will likely extend the pullback to Monday’s low of $1.98
XRP ETFs have cumulative inflows of $887 million and net assets of $881 million. A break above $1 billion would mark the next milestone and possibly set the stage for larger inflows.
XRP
2.0814
+0.72%