The market’s favorite remittance token is trying to fly again, but it is finding the path ahead very turbulent. On Friday, XRP (XRP-USD) managed to edge higher toward $1.35, yet investors are noticing a lack of real power behind the move.
Small XRP ETF Inflows Create a Weak Tailwind
While the price moved between $1.33 and $1.35 on strong volume, the actual fuel for this rally seems limited. New data shows that XRP ETFs saw only $3.32 million in net inflows over the last 24 hours.
While any inflow is a good sign, this amount is too small to change the token’s direction in a big way. In contrast, Bitcoin ETFs saw over $159 million in outflows during the same period. The fact that XRP is moving higher while others fall shows some independent strength, but without a major news event or a fundamental catalyst, this rally is mostly being driven by traders playing the charts rather than big institutions moving in.
XRP’s Price Could Easily Go Either Way
The technical picture shows that XRP has reached a point where it could easily go either way. Price action jumped above the $1.34 pivot level, which is a key spot traders use to decide if a trend is healthy.
Even though the move happened with high volume, the price quickly stalled. It is now sitting in a tight range just below $1.36, unable to find the energy to push higher. Analysts are calling this a “coiled spring,” where network transactions are surging on the XRP Ledger, but the price remains stubbornly stuck. If the price can’t hold above $1.34, the recent breakout might be seen as a fake out by the end of the week.
Traders Watch These Price Levels
The path forward depends on whether the bulls can defend their new ground. Holding above the $1.34 pivot is the top priority because the short-term recovery stays alive as long as the price remains there. To shift the overall mood, a clean break above the $1.36–$1.40 ceiling is needed to convince the market that a real trend change is happening. On the flip side, the breakout would officially be considered a failure if the price drops back below the $1.31–$1.32 floor, which could cause a slide back toward $1.28.
At the time of writing, XRP’s price is sitting at $1.3412.
