Capital Flow Tracking | XRP: Up More Than 13% Over 3 Days, Cross-Chain Payment Ecosystem Wins New Institutional Attention
Within three days, XRP rose from 1.39 to 1.57, bringing a cumulative gain of 12.9%. Trading volume surged from 73 million to 89 million. This momentum of both rising volume and price suggests that institutional funds are entering in large numbers.
From a technical perspective, XRP has broken through the key resistance level at 1.50, and a clear upward channel has formed on the daily timeframe. The RSI indicator has rebounded from below 30 to 55. It remains in a mild uptrend range, indicating there is still room for further upside.
On the fundamentals, Ripple’s cross-border payment cooperation with multiple international banks continues to advance, and SWIFT alternative solutions are gaining recognition from more financial institutions. After a recent SEC lawsuit victory, regulatory uncertainty has dropped significantly, removing obstacles for institutional capital to move in.
Conclusion: XRP’s upward trend is already established. The near-term target zone to watch is 1.65–1.70. However, given the current rally of about 13%, there may be short-term pullback pressure. Investors are advised to build positions in batches.
Risk Warning: The cryptocurrency market is highly volatile. Factors such as changes in regulatory policy and intensified market competition may all affect price movements. Invest cautiously and never chase after a spike.
Within three days, XRP rose from 1.39 to 1.57, bringing a cumulative gain of 12.9%. Trading volume surged from 73 million to 89 million. This momentum of both rising volume and price suggests that institutional funds are entering in large numbers.
From a technical perspective, XRP has broken through the key resistance level at 1.50, and a clear upward channel has formed on the daily timeframe. The RSI indicator has rebounded from below 30 to 55. It remains in a mild uptrend range, indicating there is still room for further upside.
On the fundamentals, Ripple’s cross-border payment cooperation with multiple international banks continues to advance, and SWIFT alternative solutions are gaining recognition from more financial institutions. After a recent SEC lawsuit victory, regulatory uncertainty has dropped significantly, removing obstacles for institutional capital to move in.
Conclusion: XRP’s upward trend is already established. The near-term target zone to watch is 1.65–1.70. However, given the current rally of about 13%, there may be short-term pullback pressure. Investors are advised to build positions in batches.
Risk Warning: The cryptocurrency market is highly volatile. Factors such as changes in regulatory policy and intensified market competition may all affect price movements. Invest cautiously and never chase after a spike.