$XRP XRP community, letâs talk! đŁïž
XRP is trading around $1.30â$1.33, about 20% below its September high near $1.60. The daily chart shows price under all four moving averages, with resistance around $1.40â$1.45 and todayâs low at $1.29 as the nearest support.
But institutional demand is moving the other way:
đ XRP ETFs drew $11.3M in the week ending Oct 9, their 13th straight week of inflows, while BTC, ETH and SOL ETFs all saw outflows. Cumulative inflows hit a record $1.80B (SoSoValue).
Price is weak while ETF demand holds. Which one matters more right now?
đą TEAM BULLS: Steady ETF inflows show long-term demand, and a recovery is possible.
đŽ TEAM BEARS: The chart is still weak. Sellers need to lose control first.
đĄ TEAM WAIT: No clear confirmation yet. Watching beats guessing.
My view: ETF flows and price donât always move together, so I treat them as two separate signals.
đ Choose your team and explain why. Keep it respectful and let the data speak.
Chart: XRP/USDT daily, Binance, Oct 16. Not financial advice. DYOR.
#XRP #Ripple #XRPArmyđđ #CryptoCommunity" ty #BinanceSquare
XRP is trading around $1.30â$1.33, about 20% below its September high near $1.60. The daily chart shows price under all four moving averages, with resistance around $1.40â$1.45 and todayâs low at $1.29 as the nearest support.
But institutional demand is moving the other way:
đ XRP ETFs drew $11.3M in the week ending Oct 9, their 13th straight week of inflows, while BTC, ETH and SOL ETFs all saw outflows. Cumulative inflows hit a record $1.80B (SoSoValue).
Price is weak while ETF demand holds. Which one matters more right now?
đą TEAM BULLS: Steady ETF inflows show long-term demand, and a recovery is possible.
đŽ TEAM BEARS: The chart is still weak. Sellers need to lose control first.
đĄ TEAM WAIT: No clear confirmation yet. Watching beats guessing.
My view: ETF flows and price donât always move together, so I treat them as two separate signals.
đ Choose your team and explain why. Keep it respectful and let the data speak.
Chart: XRP/USDT daily, Binance, Oct 16. Not financial advice. DYOR.
#XRP #Ripple #XRPArmyđđ #CryptoCommunity" ty #BinanceSquare