XRP Price Tests $1.37 Support as ETF Inflows Surge

XRP price fell 2.46% to around $1.38, putting the cryptocurrency close to a critical long-term support level at the 200-week exponential moving average (EMA) of $1.37. The decline comes despite strengthening institutional demand through XRP ETFs and progress toward Evernorths planned Nasdaq listing. U.S. XRP ETFs recorded $26.20 million in net inflows on August 28, according to SoSoValue. This extended their positive streak to nine consecutive trading days. The funds attracted inflows during every session between August 24 and August 28, bringing weekly net inflows to $110.49 million, the…  Read more

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