cryptocurrency

XRP Shops at $2.10 as ETFs Reach $1.37B

XRP held close to $2.10 while its new exchange traded funds quietly passed the $1.37Bn mark.

The token is sitting at around $2.13 on Friday after a small dip of -3.2% the previous day. It remained above the $2 support level but below this month’s swing high near $2.41.

35 day log in series it’s over ends on January 7 with a small exit.

And even though the chart looks low, the broader data shows something different. Futures positioning and ETF flows indicate that institutional interest in XRP is still growing in the background.

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What Is XRP ETF No Signal After 35 Straight Days Of Profits?

XRP ETFs posted 35 straight trading days of net inflows in early January.

That run ended on January 7, when the funds posted a one-day outflow of about $40.8M.

According to the Bloomberg reporttotal inflows since launch now sit near $1.37Bn, including about $483M added in December alone.

CoinGlass list XRP futures open an estimated $4.08Bn in interest, placing it among the largest markets outside of Bitcoin and Ethereum.

Traders pushed nearly $5.75Bn into XRP futures over the past day.

That mix suggests derivatives markets are active but calm. The ratio is there, yet there are no signs of forced sales or sharp compression in any direction.

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XRP Price Prediction: Is XRP Consolidating Above Key Long-Term Support?

In price action, XRP is still rallying above long-term rising support. It came off a high several years ago and has held a high since then.

Momentum has cooled, but the structure remains the same. As analyst Amonyx put it, “We’re getting close. Patience is key with $XRP right now.”

XRP’s weekly chart points to a calmer market after a strong run. The price is now moving sideways near the support area between $2.00 and $2.10.

Earlier this year, XRP rallied hard. It went from under $1 to over $3.00. From that peak, the chart shows a series of lower highs.

The price has dropped, but it is still holding well above the old exit point. That suggests a consolidation, not a full trend break.

The latest weekly candles are small, with a tight range. Volatility has decreased. That usually indicates that the selling pressure is starting to fade.

From a technical perspective, XRP is sitting above a previous rally that is now acting as support.

As long as this rate holds, the broad upward trend that began in early 2024 remains the same. A clear break below $2.00 would weaken that view. A pull back to $3.00 would signal new momentum.

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Key Takeaways


  • XRP held close to $2.10 while its new exchange traded funds quietly passed the $1.37Bn mark.
  • CoinGlass
  • list XRP futures open an estimated $4.08Bn in interest, placing it among the largest markets outside of Bitcoin and Ethereum.

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jrmiller

Jonathan R. Miller is a young writer based in Columbus, Ohio, with a growing focus on blockchain technology, digital assets, and fintech innovation. With a background in economics and communications, Jonathan began covering cryptocurrency in 2022 with independent research projects… Read More



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