ETF Performance and Institutional Demand
Spot XRP exchange-traded funds recorded their 11th consecutive day of inflows, attracting $89.65 million on Monday and bringing cumulative inflows to $756 million since launch, according to data from SoSoValue.
The ETFs have attracted investors every trading day since debuting Nov. 13, pushing total assets under management to $723 million. Canary's XRPC on Nasdaq leads with $350 million in cumulative net inflows, followed by Bitwise's XRPETF at $170 million.
Nearly 330 million XRP tokens have been absorbed over 11 days, outpacing Solana ETF flows and occurring alongside smaller Bitcoin ETF inflows. Global XRP exchange-traded products saw record inflows of $289 million last week, reflecting sustained institutional demand.
James Butterfill, CoinShares' head of research, attributed the surge to recent U.S. ETF launches such as Canary Capital's product. Vanguard is expected to allow its over 50 million clients to trade crypto ETFs on its platform starting Tuesday, including XRP products, potentially accelerating institutional adoption.
Technical Analysis and Rebound Signals
Technical indicators are reinforcing XRP's rebound potential. Analyst ChartNerd noted the asset is building strong bullish divergence on the daily timeframe, which has strengthened during a 55-day grind lower since October's liquidation event, stating the longer it takes, the stronger the signal becomes.
A bullish divergence occurs when the price registers lower lows while the Relative Strength Index forms higher lows, often indicating waning bearish momentum and potential reversal. This pattern prompts traders to increase buying on dips as investor interest rises and seller exhaustion sets in.
TD Sequential Indicator and Price Predictions
The TD Sequential indicator is flashing a buy signal on XRP's weekly chart. Since mid-2021, every time this indicator suggested buying, the XRP pair rallied between 37% and 174%, according to historical data analysis.
The TD Sequential determines short-term trend reversals based on changes in intraday highs and lows. The indicator predicts XRP could rebound from current levels and rise as much as 174% to trade around $5.60, though the price first faces resistance at $2.20 to $2.50, supported by the 50-week simple moving average.
If XRP turns sharply upward from support at $2 and breaks above the 20-day exponential moving average around $2.18, the pair may test the 50-week SMA and subsequently the psychological level at $3, according to technical analysts tracking cryptocurrency market structure.