XRP Holds $2.20, Aiming for a “Bull Flag” Breakout to $2.35
The post XRP Holds $2.20, Aiming for a “Bull Flag” Breakout to $2.35 appeared on BitcoinEthereumNews.com.
XRP holds $2.20 support, forming a technical ‘Bull Flag’ targeting the $2.35–$2.45 zone. Spot ETF inflows have decelerated, dropping to $21M daily after a record-breaking $243M debut. Traders are now pricing in the potential (but unconfirmed) entry of a BlackRock iShares Trust. XRP is entering a critical consolidation phase, stabilizing near the $2.20 level as the initial euphoria of U.S. spot ETF launches begins to normalize. While technical indicators point to a breakout toward $2.35-2.45, the market is grappling with a notable deceleration in institutional capital flows, raising questions about the asset’s near-term momentum. Related: XRP Shows Signs of Recovery as ETFs and Buy Signals Strengthen Outlook XRP ETF Inflows Showed Uneven Demand Spot ETF flows have emerged as a central factor shaping XRP sentiment. The four U.S. XRP-spot ETFs extended their net inflow streak to nine sessions on November 26, adding $21.81 million the day after recording $35.41 million. Since launching on November 14, the group has reported $643.92 million in total net inflows. The Canary XRP ETF (XRPC) remains the leader in inflows at $334.59 million, driven by $243.05 million registered on its first day. By comparison, the Franklin XRP ETF (XRPZ) has accumulated $74.54 million since its November 24 debut. Related: Bitwise and 21Shares to Launch Spot XRP ETF: Is XRP Price Rebound Next However, weaker inflows in recent sessions have prompted concerns about the near-term trajectory of the ETF segment. Analysts have noted that waning inflows could lower expectations for a possible BlackRock iShares XRP Trust, which has yet to enter the market. XRP Price Momentum Throughout November, XRP experienced a 16% monthly decline, dropping from the $2.63 zone toward a low of under $1.95 before rebounding in the final week. The chart from CooinMarkeCap shows a series of failed attempts to reclaim the mid-$2.40 area,…
Filed under: News - @ November 28, 2025 1:30 pm