Money continues to flow toward XRP-linked exchange-traded funds (ETFs) despite crypto’s latest retreat. This favors a bullish XRP price prediction as it indicates that Wall Street is quietly accumulating the token.
Data from SoSoValue shows that XRP ETFs have only experienced one day of negative net inflows since the first of these products was launched in the U.S.
As a result, the total assets held by these funds have skyrocketed to $1.51 billion in just two months, surpassing Solana’s ETF assets by more than $300 million.
In the past 7 days, XRP has booked a 2% drop, although its year-to-date gains currently sit at 12% due to a spike in the price during the first few days of the year.
This streak of positive net inflows indicates that both institutional and retail investors are steadily increasing their holdings, creating a strong floor for the token in case this pullback accelerates.
XRP Price Prediction: Move to $3 Likely If XRP Breaks Out of Descending Triangle Again
The 4-hour chart shows that XRP has formed a descending triangle once again. The last time this happened, the token broke out of this setup and delivered strong gains in the near term.
Now that its bearish structure has been invalidated on higher time frames, another breakout could result in a much more explosive move that pushes XRP back to $3 at least.
The price has now crossed above the 200-period EMA in this lower time frame, favoring a bullish outlook. If the Relative Strength Index (RSI) rises past the mid-line and makes a bullish crossover above the 14-day moving average, that would confirm a buy signal for this altcoin.
As altcoins seem ready to make a loud comeback, top crypto presales like Bitcoin Hyper ($HYPER) could benefit from a market-wide recovery. This project leverages Solana’s speed and low transaction costs to kickstart a new era for Bitcoin’s DeFi ecosystem.
Bitcoin Hyper ($HYPER) Will Transform BTC’s DeFi Via Solana’s High Speed and Low Fees
Bitcoin Hyper ($HYPER) is a fast-moving presale that connects Solana’s high-speed blockchain with the Bitcoin network, giving investors a brand-new way to earn passive income on BTC.
With the Hyper Layer 2, users can stake, lend, and earn yield on their Bitcoin while enjoying low fees and faster transactions that help maximize gains instead of losing them to costs.
In just a few months, the project has raised over $30 million. Its ambitious roadmap is what has investors all excited, as developers will now be able to launch highly efficient Bitcoin-native applications that BTC holders will love.
As top wallets and exchanges increasingly adopt the Hyper L2, demand for its native token, $HYPER, will likely explode.
Early buyers who take advantage of the token’s presale price right now will get to reap the highest returns.
To buy $HYPER, simply head to the official Bitcoin Hyper website and connect your favorite wallet (e.g. Best Wallet).
You can either swap USDT or ETH for this token or use a bank card instead.
Visit the Official Bitcoin Hyper Website Here
The post XRP Price Prediction: While the Crypto Market Bleeds, Big Money Is Quietly Flowing Into XRP — What Do They Know? appeared first on Cryptonews.
