XRP Shows Recovery Signs as Higher Lows and ETF Inflows Strengthen Momentum
#Analysis Markets
XRP price is forming higher lows, indicating increased buying interest. ETF inflows show steady accumulation by institutions. We should watch the support at $1.13 and resistance between $1.46 and $1.83. The data suggests buyers are stepping in at key levels. Recent price action indicates a potential recovery after volatility.
XRP price is forming higher lows, which signals growing buying interest. We also see steady institutional accumulation through XRP ETF inflows. The key levels to watch are the support at $1.13 and the resistance between $1.46 and $1.83. XRP is showing signs of a potential recovery. Recent price action indicates buyers are stepping in at key support levels. The cryptocurrency recently bounced off the $1.33β$1.35 zone, forming higher lows over the past week. This pattern suggests sellers are losing strength, while buyers are gaining confidence. Trading activity has increased, with a notable surge in spot purchases on major exchanges. Retail investors are showing renewed interest, pushing buy orders above sell orders in several short-term periods. Institutional flows are adding further support with XRP-linked ETFs attracting consistent inflows. This indicates that larger players are accumulating the token. The combination of retail buying and institutional accumulation creates a favourable environment for a potential upswing. Technical signals suggest price stabilisation. From a technical standpoint, XRP has established a short-term support around $1.13. This level has held firm despite some volatility, preventing further downside. If this support continues to hold, it could act as a springboard for higher prices. On the upside, the $1.5121 level has emerged as a key resistance. Breaking above this zone could pave the way for moves toward $1.66, with a further resistance level at $1.83. Historical price behaviour shows that surpassing $1.51 often precedes significant upward movement. We should monitor these levels closely. I advise watching for a confirmed break above $1.51 before assuming a full trend reversal.
