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XRP holds above $1.10 as ETF inflows rise, but traders remain cautious

XRP holds above $1.10 as ETF inflows rise, but traders remain cautious

Hex37's read

  • XRP price holds above $1.10 amidst rising ETF inflows.
  • Token shows a late volume surge, recovering from recent lows.
  • XRP lags behind the broader crypto market performance.
  • Futures traders are cautious, positioning around support levels.

What it means for traders

  • While ETF inflows are positive, cautious trader positioning suggests potential for limited upside or consolidation.
  • XRP's underperformance relative to the broader market may indicate specific headwinds or a rotation of capital.

Affected markets

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