Ripple (XRP) price rises 2% as ETF inflows continue: what’s next?

Inflows from XRP ETFs paint a positive picture, but will they be enough to reverse its price?

Ripple’s XRP has rebounded by about 2% over the past 24 hours, rising again towards $1.34.

The move comes as institutional demand through XRP exchange-traded funds continues in contrast to broader market weakness.

XRP ETFs are extending the positive flow line

According to SoSoValue data for the day, spot XRP ETFs recorded $11.88 million in daily net inflows, bringing the cumulative total to $1.42 billion or $1.12 billion in net assets.

This number represents 1.37% of the total market capitalization of XRP.

This follows yesterday Positive readingwhen these products saw inflows of about $1.77 million despite the broader downturn in the cryptocurrency market.

The inflows may not be massive, but they indicate a temporary trend, as institutions continue to accumulate XRP amid market instability.

The continuous streak gives the bulls a positive narrative, but demand for ETFs alone has certainly not been enough to completely reverse the broader downtrend observed in the XRP price.

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XRP Price Forecast: Key Levels to Watch

Technically, XRP’s 2% daily bounce is encouraging, but it is far from a signal of a confirmed trend reversal. The token recently fell towards its lowest level since March, with the $1.20 area continuing to act as a major support level.

The first major upside level to watch is around $1.4.

As we did recently I mentionedXRP’s 100-day moving average is near that area, making it a key resistance level that buyers can reclaim. A successful break above it could open the door to a move towards $1.5-1.6 and improve short-term sentiment.

On the downside, a break below the $1.20 level would be a bearish signal, which could expose the altcoin to a deeper correction. This becomes especially true if Bitcoin and the broader cryptocurrency market resume their decline.

However, for now, the XRP price outlook remains cautious.