XRP dey near $1 as ETF inflow dey rise; for-chain don improve, but derivatives still dey risky
Yh XRP price dey hold near $1 level (~$1.05) after sharp weekly/monthly pullback. For last 24 hours, range na like $1.04–$1.07, performance show like -7% (7 days) and -19% (30 days). Traders dey watch support test: if XRP break $1, e fit open down again to $0.85 and $0.70.
ETF inflow still be good news. For June 26, XRP get about $15.63M single-day net inflow, while spot BTC and ETH ETFs record notable outflows. For seven straight green weeks, XRP spot ETFs don gather around $144.69M net inflow—bet price no really bounce back.
On-chain and technical signals dey improve. Daily active addresses increase from ~23,000 (June 14) to nearly 39,500. Analysts talk say daily chart fit show reversal sign (Tom DeMark Sequential “9” buy and Morning Star Doji). If buying pressure strong, XRP rebound target near $1.30.
But derivatives fit bring timing risk. XRP deleveraging still dey top: long liquidations don rise to nearly $3M (+~800% for month), open interest fall from about $1.18B to ~$1.04B, and funding turn deep negative. This setup fit reduce speculative overheat, but e also increase chance say quick move go happen if XRP no defend $1.
Overall, XRP market mood na cautious: ETF/on-chain dey supportive, but confirmation still depend on XRP holding above $1 and derivatives stabilizing.
Neutral
ETF money dey enter and on-chain activity don improve—na wetin fit support say XRP fit rebound. But price still dey stuck near the critical $1 area, and derivatives show say people dey deleverage for real—funding dey very negative. For short term, e depend on whether XRP go defend $1; if e fail, likely make price quickly drop (go $0.85/$0.70). If e hold, e fit allow technical rebound come around ~$1.30. For long term, if ETF demand no reduce and network participation continue improve, sentiment go better, but the current derivatives reset go increase volatility and make it harder to trust say rally go be smooth.