Overview
- CoinDesk reports U.S. spot XRP ETFs have now surpassed $1 billion in cumulative demand following a multiweek inflow streak.
- XRP traded between $2.00 and $2.08, with a sharp defense of the $2.00 level on a 251% volume spike; a clean move above $2.11 would open $2.20–$2.26, while a loss of $2.00 risks $1.95.
- Chart analysts highlight bullish setups including a falling wedge and inverse head‑and‑shoulders, with targets cited at $2.38–$2.50 and up to $2.73 if $2.18 and $2.30 give way.
- On‑chain and exchange data remain mixed as whales withdraw XRP from Binance while inflows to South Korea’s Upbit and Bithumb suggest regional selling pressure.
- Macro signals keep volatility elevated with Bitcoin near $90,000 and traders awaiting the Fed’s rate decision; CoinShares tallied $352 million into BTC funds last week and $244 million into XRP products.