The XRP temporarily secured the line of US$ 1.11 after the previous sharp fall, but again slowed after rebounding to the vicinity of US$ 1.14 to US$ 1.15. The current focus of the market is not whether there is a short-line rebound, but whether this round of rebound can be matched more consistently.
ETF still has an inflow.
CoinDesk quotes that the spot XRP ETF has recorded a net inflow for the ninth consecutive week, with an increase of approximately $17.19 million last week. This suggests that institutional financial interest has not been significantly cooled, even though the United States has made repeated legislative advances on digital assets.
It was reported that the vote on CLARITY Act had previously been cancelled and that no new short-term catalyst had been created before Congress was adjourned. For XRP, ETF inflows provide medium-term support, but short-line prices are still largely influenced by trade volumes and resistance position performance.
$1.14 to $1.15 remains a resistance zone
On the face of it, the purchase was delivered in the vicinity of US$1.1110 and the price was subsequently pushed up to the vicinity of US$1.1507, but it was not able to rise up. After repeated failure, 1.14 to 1.15 dollars remain the most critical upper pressure band of the day.
According to the article, the structure of the XRP, which had broken through the US$ 1.08, has not been destroyed, but greater Quantification is still required to open up more space. If it is not possible to stand effectively for US$ 1.13 to US$ 1.14, the current trend is closer to localization rather than a clear breakthrough.
- Key support below: $1,1110
- First upper resistance: 1.1308 to $1.1325
- Major stress ranges: US$ 1.14 to US$ 1.15
Shortlines are still in the sorting phase.
Reports indicate that the XRP has been operating in the vicinity of $1,1238 for one time in the last 24 hours, with significant overall volatility, but has not resulted in a sustained unilateral trend. Although the turnover is above the seven-day average of about 16.19 per cent, this level is still insufficient to confirm a clean upward breakthrough.
If the subsequent price can be clearly exceeded by US$ 1.15, the market focus may shift to between US$ 1.17 and US$ 1.20; if the short-wire restoration rhythm is broken again by US$ 1.110, the short-wire restoration rhythm may be interrupted and US$ 1.08 will re-enter the horizon.
