On October 8th, the US spot XRP ETF attracted new capital inflows, while Bitcoin and Ethereum funds recorded capital outflows.
The article states that if the price of XRP breaks through the $1.50 mark, it could create room for further upward movement to between $1.60 and $1.65.
The market has shown a certain degree of resilience as investors withdraw funds from Bitcoin and Ethereum funds. According to market capital flow data, on October 8th, there was a net inflow of about $8.17 million into US spot XRP ETF, while Bitcoin ETF saw a net outflow of $244 million, and Ethereum funds experienced a net outflow of about $73 million. This divergence raises a key question: Can the ongoing demand for XRP ETF help the price of XRP break through the $1.50 resistance level and trigger a stronger rebound?
XRP ETF inflows are on the rise, while Bitcoin and Ethereum funds are losing capital.
XRP investment products have attracted new funds once again as the two major ETF markets are under pressure. On October 8th, according to market capital flow data, the US spot XRP ETF recorded a net inflow of approximately 8.17 million US dollars.
In contrast, spot Bitcoin ETF saw a net outflow of approximately $244 million, while Ethereum ETF had a net outflow of around $73 million. Such a comparison has brought the capital flow of XRP ETF into the spotlight, as investors are assessing which digital assets are still attracting funds during a period of weakness in the broader market.
It is reported that Franklin Templeton's XRP ETF contributed to this $8.17 million inflow on that day. Bitwise related products have also received attention, and other reports indicate that investors are still continuing to buy shares of XRP ETF.
However, a single trading day is not sufficient to constitute a long-term trend. A more important signal will be whether XRP ETF can continue to record net inflows over multiple consecutive trading days, and whether this demand will coincide with stronger buying pressure in the spot market.
XRP Price Analysis: Can the demand for ETF push XRP to over $1.50?
XRP The price is currently trading around $1.40 and is still consolidating below the resistance range of $1.45 to $1.50. Ripple The token price remains below a horizontal neckline, indicating that sellers are still challenging this rebound. If it can stay above $1.50, that would provide the first meaningful bullish signal. If buying volume continues to increase after the breakout, XRP could rebound to $1.60 to $1.65. A broader supply range is around $2.00 to $2.10, which would represent a greater resistance for any continued upward movement.
On the downside, $1.35 to $1.33 is the current support area. If this range is broken, the rebound momentum may weaken, exposing the price to lower demand zones around $1.10 to $1.15. The current situation puts XRP at a crossroads. Positive ETF capital flows could improve market sentiment, but the price still needs to break through the resistance level before the market can confirm a bullish reversal.
XRP ETF Inflow: Why It's Important for Price Prospects
Spot XRP ETF provides investors with a regulated investment tool that allows them to gain exposure to XRP without directly holding the tokens. Continuous net inflows may indicate that demand for these products is growing, but it does not guarantee that the market price of XRP will rise immediately.
The following three signals will help determine whether the current inflow can support a sustained rebound:
- Sustained daily inflows: Recording positive capital flows for multiple consecutive trading days will further prove the sustainability of investor demand.
- Breakthrough above $1.50: If the strong price movement coincides with positive capital inflows, it provides more confirmation than just the inflow of ETF.
- Increase in trading volume: Increased activity in the spot market during the breakout period will help determine whether buyers are overcoming resistance.
If the inflow of ETF continues, but XRP remains below $1.50, the market may continue to fluctuate within a range. If the inflow weakens and the support level is breached, the persuasiveness of the current bullish arguments will decline.
