XRP bulls eye breakout as ETF inflows absorb 1% of supply
The post XRP bulls eye breakout as ETF inflows absorb 1% of supply appeared on BitcoinEthereumNews.com.
XRP defends key support inside a downward channel as ETF inflows absorb close to 1% of supply, with analysts assigning higher odds to an upside breakout in 2026. Summary XRP trades above recent support within a defined five-day downward channel, with one analyst calling the move a controlled correction and assigning 60% odds to an upside breakout. Spot XRP ETFs have attracted strong inflows since mid-November, with products absorbing close to 1% of circulating supply and signaling rising institutional participation. Short-term signals are mixed as taker buy/sell ratios and volume spikes hint at fading sell pressure, while large sell walls and a big four-hour rejection candle cap immediate upside Ripple’s XRP token tested a critical support level this week following a rally that elevated it to the world’s third-largest non-stablecoin cryptocurrency by market capitalization, according to market data. XRP inflows continue Analyst EGRAG CRYPTO stated that the token remains within a defined downward channel on its five-day chart, characterizing the current activity as a “controlled correction” rather than distribution. The analyst assigned a 60% probability to an upward breakout scenario, contingent on the price closing above the 21-period exponential moving average and breaking the channel’s upper boundary near recent resistance. “Until then — it’s just a bounce inside the channel, not a breakout,” EGRAG CRYPTO stated. The analyst assigned a 30% probability to continued range-bound trading and a 10% probability to a decline toward recent lows. Commentator John Squire noted that the token recorded a spike in global trading volume within a single minute, suggesting participation beyond small retail trades, according to his analysis. Data cited by market observers shows strong inflows into newly launched spot exchange-traded funds linked to XRP (XRP), with the products attracting substantial sums since mid-November 2025 and absorbing close to 1% of circulating supply in…
Filed under: News - @ January 5, 2026 9:28 am