NEW YORK / LONDON (IT BOLTWISE) – Despite an impressive $20 million inflow into XRP ETFs, the cryptocurrency’s price remains stable at around $2. This development raises questions as to why the price is not responding to the increased capital infusion. Experts suspect that market participants are still adjusting their positions before a significant price movement occurs.

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In recent weeks, XRP, Ripple’s cryptocurrency, has not shown any significant price movement despite a significant capital inflow of $20.17 million into US spot ETFs. The price remains stable at around $2.02, although this is the nineteenth consecutive day of positive inflows. This discrepancy between capital inflow and price stability is a notable phenomenon in the current XRP market environment.

SoSoValue data shows that significant inflows were recorded into major XRP ETFs on December 12th. The Franklin XRP ETF saw an inflow of $8.7 million in a single day, bringing cumulative inflows to $185 million. The Bitwise XRP ETF also followed suit with daily inflows of $7.85 million, bringing its total to $213 million. The total net assets of the XRP ETFs now stand at $1.18 billion, while cumulative inflows are approaching $975 million.

Despite these positive capital movements, the XRP price remains trapped in a narrow price range. Technical indicators such as the Relative Strength Index (RSI) and MACD suggest consolidation rather than exhaustion. The RSI is around 42, indicating a hesitant stance from traders, while the MACD is heading towards a possible bullish crossover. These indicators suggest that the market is absorbing capital without any immediate revaluation.

Ripple recently strengthened its infrastructure by completing the Rail acquisition, expanding its stablecoins and payment processing capabilities. These developments contribute to the wider use of XRP, even if the price lags behind. Technical analysis shows that XRP has defended the lower boundary of a wide ascending channel, suggesting a possible continuation higher if the price remains above the channel base.

The market is currently more focused on timing than direction. As ETF inflows, new technology adoption and infrastructure development continue to increase, the price remains near $2. This structure reflects a well-known sequence in which fundamentals and capital align first, followed by a lagged price reaction. Traders are closely watching the volume, volatility and reactions in the current price range as the next decisive move could depend less on new catalysts and more on how long the market absorbs existing momentum before releasing it.


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XRP: Despite an inflow of $20 million, the price remains stable
XRP: Despite an inflow of $20 million, the price remains stable (Photo: DALL-E, IT BOLTWISE)

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