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XRP Price Prediction: XRP ETFs Cross $1.23B In Cumulative Inflows As The Wedge Runs Out Of Room


XRP Price Prediction: XRP ETFs Cross $1.23B In Cumulative Inflows As The Wedge Runs Out Of Room

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AI Overview

XRP trading at $1.3567 (Apr 15), down 0.43%; daily chart shows a descending wedge meeting at current price, Supertrend resistance at $1.4681 and OBV declining since August, signalling technical downside risk. XRP spot ETFs pulled $11.20M on Apr 14, pushing cumulative inflows to $1.23B with total net assets of $978.65M, indicating strong crypto/ETF adoption and funding interest. SEC guidance that non‑custodial crypto interfaces can avoid broker‑dealer registration clears a major regulatory hurdle for XRPL native DEX and DeFi development, boosting protocol adoption prospects.

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  • XRP trades at $1.3567, down 0.43%, at the wedge apex with Supertrend at $1.4681 overhead and OBV declining since August.
  • XRP spot ETFs pulled $11.20M on April 14, pushing cumulative inflows to $1.23B with total net assets at $978.65M.
  • The SEC confirmed crypto interfaces staying out of custody can avoid broker-dealer registration, clearing the path for XRPL’s native DEX.

XRP trades at $1.3567 on April 15, down 0.43%, at the wedge apex with no room left inside the pattern as spot ETF cumulative inflows cross $1.23B and the SEC removes the biggest regulatory hurdle over XRPL DeFi development.

XRP Daily Chart: Wedge Has No Room Left And OBV Is Still Falling

XRP Daily Price Action (Source: TradingView)

The descending wedge from the August peak near $3.80 has both boundaries meeting at current price. The lower boundary rises from the February low at $1.15, the uppe…

Read The Full Article XRP Price Prediction: XRP ETFs Cross $1.23B In Cumulative Inflows As The Wedge Runs Out Of Room On Coin Edition.

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