- XRP surges above $2.30 as strong momentum fuels aggressive daily gains.
- Spot XRP ETFs record $46.1M inflows, reinforcing sustained institutional buying interest.
- Technical indicators signal bullish control as XRP trades above key averages.
XRP continued its strong upside move after an active trading session pushed the price high over 9.9%, with the asset trading between an intraday low of $2.31 and a high of $2.41 before stabilizing around $2.33. According to Tradingview data, XRP is holding well above key support levels, as the price remains above the 20-day simple moving average near $1.94, confirming a strong short-term trend.
Momentum indicators have also strengthened, with the relative strength index on the daily timeframe rising to 73.31 and signaling strong buying pressure as it approaches overbought territory.
Bollinger Bands on the chart have expanded sharply, while price action has pushed above the upper band near $2.24, indicating increased volatility and aggressive bullish momentum. This technical structure suggests buyers remain firmly in control, although elevated momentum increases the likelihood of short-term consolidation.
Source: Tradingview
Also Read: Smart Trader Just Opened 20x Long on 564,285 XRP Amid 4.8 Million XRP Shift – What’s Happening?
Spot XRP ETF Activity Strengthens the Rally
Institutional activity through U.S. spot XRP exchange-traded funds has played a significant role in the price move, with daily net inflows reaching $46.10 million, the strongest single-day intake since launch. This surge pushed cumulative net inflows to $1.23 billion, and notably, these products have not recorded any outflow days, highlighting steady institutional positioning.
Trading activity also increased across XRP ETFs as total value traded climbed to $72.23 million, reflecting heightened participation from professional investors during the rally. ETF net assets have now risen to approximately $1.65 billion, a figure that represents about 1.17% of XRP’s total market capitalization.
A closer look at individual funds shows broad-based demand, as the Canary-sponsored XRPC ETF reported net assets of about $407.01 million. Bitwise’s XRP ETF followed with roughly $322.85 million in assets, while Franklin’s XRPZ held around $298.38 million, and Grayscale’s GXRP reported about $294.35 million. These figures point to diversified inflows rather than reliance on a single issuer, and as a result, ETF demand has provided consistent structural support for XRP price action.
Market Sentiment and Price Structure
Broader market sentiment has influenced XRP’s momentum, as recent geopolitical developments involving the U.S. and Venezuela reshaped risk positioning across financial markets. According to reports, a U.S. military operation targeting Venezuelan President Nicolas Maduro increased geopolitical tension, yet the situation encouraged a shift toward risk assets rather than caution.
Crypto markets responded positively to this change, with XRP benefiting as liquidity flowed into high-volume digital assets. From a technical perspective, rising volume confirmed the breakout structure on the daily chart, while successive higher closes reinforced bullish continuation signals.
At the same time, the absence of ETF outflows helped limit downside pressure, reducing the likelihood of sharp pullbacks during rapid price expansion. Overall, XRP’s current rally reflects strong technical momentum alongside sustained ETF inflows, with supportive market conditions driving prices higher in an orderly manner.
Also Read: Bitcoin, XRP Surge as Crypto Market Prices Flash Strong Momentum Today
