Traders are bullish despite $76 million in fund outflows last week.<\/li>\n<\/ul>\nXRP price rose to highs of $1.50 on Monday as corporate developments at Ripple and the broader market dynamics fueled bullish bets on the token.<\/p>\n
Bulls\u2019 resilience around $1.30 looks to be paying off as gains over the past week rise to double digits, with XRP hitting a market cap of over $90 billion despite recent outflows from Ripple-tied investment products.<\/p>\n
While current market conditions could curtail momentum, the gains seen over the past week suggest buyers may have room to test sellers\u2019 resolve above $2.00.<\/p>\n
XRP price hits $1.50 \u2013 why is it surging?<\/h2>\n
XRP is currently holding onto gains of around $1.50 after top altcoins mirrored Bitcoin\u2019s surge earlier in the day.<\/p>\n
As BTC climbed to above $74,000 and Ethereum pumped toward $2,300, XRP edged higher to reach prices last seen in mid-February 2026.<\/p>\n
Gains align with a pivotal boost that came from reports of Ripple launching a $750 million share buyback program.<\/p>\n
The move offers early investors and employees a liquidity exit at a staggering $50 billion valuation as Ripple bids to stay private.<\/p>\n
Fund flows not so encouraging<\/h2>\n
The past month has not been good for Ripple\u2019s cryptocurrency in terms of attracting institutional interest in XRP investment products.<\/p>\n
CoinShares notes that XRP saw over $76 million in capital exits from related digital asset investment products last week.<\/p>\n
More than $133 million has exited XRP funds in the past month, leaving year-to-date flows at just over $19 million.<\/p>\n
The cryptocurrency\u2019s total assets under management currently stand at $2.4 billion.<\/p>\n
XRP price technical outlook<\/h2>\n
Despite the recent outflow streak, speculative confidence has pushed open interest up.<\/p>\n
Macroeconomic and geopolitical tensions from the ongoing Iran war aside, the Ripple coin could eye a retest of the $2.00 level.<\/p>\n
On the bullish side, momentum could accelerate if Bitcoin rides energy sector uncertainty to above $80,000.<\/p>\n
Technical indicators point to XRP\u2019s readiness for an explosive uptick, with Bollinger Bands showing unprecedented compression reminiscent of record levels from 2024.<\/p>\n
Often, such an outlook aligns with major volatility spikes across the ecosystem.<\/p>\n
Trading in the $1.41-$1.50 region means bulls need a decisive break above $1.60 to unlock a short-term rally.<\/p>\n
Bulls\u2019 target amid this uptick will be $3.00.<\/p>\n
The probability that XRP bulls flip resistance near current prices into support nonetheless hinges on broader market conditions.<\/p>\n
In case buyers fail to hold $1.40, key support levels on the downside might include $1.31 and $1.20.<\/p>\n
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Markets,XRP#XRP #climbs #fund #outflows #bulls #eye1773684958<\/p>\n","protected":false},"excerpt":{"rendered":"
XRP price hovers above $1.50, a four-week high. The Ripple cryptocurrency is up amid gains for Bitcoin. Traders are bullish despite $76 million in fund outflows last week. XRP price rose to highs of $1.50 on Monday as corporate developments at Ripple and the broader market dynamics fueled bullish bets on the token. Bulls\u2019 resilience<\/p>\n","protected":false},"author":1,"featured_media":7316,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":{"0":"post-7524","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eurozone"},"yoast_head":"\n
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