XRP ETF Inflows Ignite Bullish Surge as Price Targets $3.65 Resistance
XRP ETF Inflows Fuel Bullish Momentum as Price Eyes $3.65 Resistance
Institutional money is flooding in—and it's pushing XRP toward a major technical showdown.
ETF Inflows: The Real Catalyst
Forget the hype. The recent surge isn't driven by social media chatter or vague partnerships. It's cold, hard institutional capital moving through newly approved Exchange-Traded Funds. These aren't your average crypto tourists; these are asset managers parking trailers of money, providing a level of demand stability that retail FOMO can't match. It's the kind of validation that makes even the most cynical Wall Street veteran raise an eyebrow—between sips of their overpriced latte, of course.
Eyes on the Prize: The $3.65 Resistance
All this fresh capital has one clear target in its sights: the $3.65 price level. This isn't just another number on a chart. It represents a critical historical resistance zone—a ceiling that has capped rallies and shattered bullish dreams before. Breaking through it would signal a fundamental shift in market structure, potentially unlocking a new phase of price discovery. The battle lines are drawn. On one side, sustained ETF buying pressure. On the other, a wall of sell orders from previous cycles. Something's got to give.
Momentum Builds, But Questions Remain
The momentum is undeniably bullish. The inflows create a virtuous cycle: price appreciation attracts more headlines, which fuels more inflows. Yet, seasoned traders are watching the volume. Is the buying broad-based, or concentrated? Can this institutional interest survive the first sign of a market-wide tremor? The finance world loves a good narrative—especially one it can sell in a prospectus—but it bolts for the exit at the slightest whiff of trouble. For now, the trend is your friend. Just remember that on Wall Street, 'long-term holding' often means until the next quarterly report.
XRP Shows Bullish Strength Amid Weekend Liquidity Concerns
However, the crypto analyst, CryptoWZRD, revealed that the token displayed considerable bullish action in the latest daily trading, closing with significant strength, with a sharp spike recorded. The current market value is at $0.02, marking a resurgence of buying pressures. It is projected that further gains are in the offing for XRP, especially if the current upwards momentum is sustained. However, traders are closely observing the lower time frames.
Source: X
It is essential to note that despite this strong bullish setup, traders and investors are expected to exercise caution over the weekend due to lower liquidity during this period. In the short term, the token may test resistance at $2.75 while targeting $3.65 in the long term if it maintains the upward momentum. Based on its technical indicators, it is apparently strongly bullish, although characteristic weekend market volatility remains.
XRP Technicals Show Strong Signs of Bullish Momentum
From the technical perspective, XRP shows rising bullish sentiment with the RSI rising to a strong 55.59. Despite being much above the previous ranged level of around 42, the RSI is not yet at the overbought stage. The previous oscillations between the levels of 40 and 50 indicated that the price was in an indecision phase. It seems that phase is concluding with rising bullish sentiment.
Source: TradingView
To support this positive sentiment, it can be seen that the MACD line has moved above the signal line with increasingly higher positive histogram bars. Such a MOVE indicates a strong trend reversal from its previously weak downtrend. Therefore, based on these technical factors, a possible continuation in the positive run for XRP is likely, although technical specialists should be cautious about possible drops at levels around $2.05-$2.10.
Also Read: xrp price Hovers at Level That Defined 2018 and 2022 Market Cycles