XRP ETFs recorded net inflows for seven consecutive weeks, even as the token’s price remains locked in a sustained downtrend. Since their launch, the funds have not posted a single day of outflows, establishing themselves as the main source of macro support.
On the trading day before Christmas, the ETFs attracted $11.93 million in positive flows, signaling that institutional demand remains intact despite weakening prices. However, this support has not translated into a recovery. XRP trades near $1.86, with $1.85 continuing to act as immediate support after multiple failed rebound attempts.
On-chain indicators point to rising unrealized losses. Net Unrealized Profit and Loss has fallen to a yearly low, pushing investors who bought above $1.86 into negative territory. This increases the risk of selling by long-term holders who still retain some gains, potentially adding further pressure on XRP.
XRP remains capped below a descending trendline that has been in place for more than six weeks. As long as this structure holds, the bias stays bearish. A break below the $1.85 support would open the door to a move toward $1.79 or even $1.70. Conversely, a rebound supported by an improvement in overall market sentiment could target $1.94, with $2.00 standing as the key level.
Source: https://sosovalue.com/assets/etf/us-xrp-spot
Disclaimer: Crypto Economy Flash News are based on verified public and official sources. Their purpose is to provide fast, factual updates about relevant events in the crypto and blockchain ecosystem.
This information does not constitute financial advice or investment recommendation. Readers are encouraged to verify all details through official project channels before making any related decisions
