XRP Set for Upswing As Investor Confidence Grows and ETFs Accumulate

robot
Abstract generation in progress

XRP nears a breakout after bullish patterns form on the daily chart.

Strong ETF inflows reflect rising confidence among American investors.

Ripple ecosystem growth supports long-term demand despite weaker futures activity.

Ripple’s XRP has struggled in recent months, but the token now shows signs of life again. Price action has weakened since July, yet buyers continue to watch key signals. Strong inflows into new XRP ETFs also highlight renewed interest from American investors. These factors create a setup that may support a meaningful rebound in the near term.

Technical Clues Point Toward a Rebound

The daily chart reflects steady pressure on XRP for months. Lower highs and lower lows confirm a clear downward trend. Each recovery attempt has hit strong resistance, which aligns with weakness across the wider crypto market. The token touched the 50 percent Fibonacci Retracement level and held that area for several weeks. That level has acted as a firm floor during the recent decline. Price action around that zone reveals a market that may have found a short-term bottom.

A falling wedge pattern now appears on the chart. Two descending trendlines converge in that structure and traders view that pattern as a bullish sign. A small inverted head and shoulders formation also supports a possible breakout. The Percentage Price Oscillator shows lines starting to move upward which signals a potential shift in momentum. A break above the main descending trendline would confirm a bullish move. That line connects the major swing points since July.

ETF Momentum and Ecosystem Growth Strengthen the Outlook

Fresh demand from American investors has become a major catalyst for the XRP market. The first XRP ETF gained approval in mid-November. The launch attracted $243 million on day one. Trading volume reached almost $60 million which marked one of the strongest ETF debuts of the year. Additional ETF approvals followed soon after. Grayscale, Bitwise, and Franklin Templeton all entered the market with new products.

These funds have posted inflows every session so far. Combined assets now exceed $935 million. Recent data from SoSoValue showed over $38 million in inflows on Monday. Bitcoin products saw outflows that day which highlights a shift in investor attention. Ethereum and Solana ETFs also gained solid inflows but XRP showed stronger momentum. Solana products have gathered over $640 million since October which sets a high bar for growth.

Continued demand for XRP ETFs signals rising confidence in the asset. Ripple’s ecosystem also expands at a steady pace. Ripple USD gained traction this year with more than $1.3 billion in assets. Roughly $350 million of that supply sits on the XRP Ledger which reflects growing adoption. Ripple Labs completed four major acquisitions this year. Those deals enhance services that handle large transaction volumes which may support XRP activity over time.

XRP-1.68%
BTC-2.02%
ETH-1.49%
SOL-2.12%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)