The price of XRP dropped by 3.2% in the last 24 hours, sliding to $1.42 and putting it 6% below its recent peak of $1.50. Despite this pullback, cryptocurrency market analysts note that both technical signals and fresh market momentum are keeping short-term expectations positive for another XRP rally.
Record-breaking inflows into spot ETFs
On Monday, inflows into spot XRP exchange-traded funds (ETFs) surged, reaching $25.8 million in a single day. This record pushed total net inflows into XRP ETFs to an all-time high of $1.35 billion. The uninterrupted inflows over the past five days represent the largest daily gains since the start of the year. Assets under management in these investment vehicles climbed to $1.18 billion.
Institutional interest in XRP-focused products is experiencing rapid growth. According to data published by CoinShares, exchange-traded products indexed to XRP attracted $40 million in new investments during the past week alone. With this momentum, net inflows into XRP ETPs have reached $191 million since the beginning of 2026, while total assets managed by these products have exceeded $2.5 billion.
Market dynamics show renewed momentum
Leading cryptocurrency researcher James Butterfill highlights that developments like the CLARITY Act in the United States have helped boost investor attention toward XRP-related products. The proposed stablecoin yield announced earlier this May also appears to have strengthened market confidence in XRP.
For the first time since January 5, daily inflows into XRP ETFs hit an all-time high, reflecting a marked increase in institutional appetite.
On the technical front, upward pressure on the XRP price is intensifying. With several key support zones holding firm, many analysts are anticipating the start of a “sustained bullish wave.” Analyst CW8900 notes that the 90-day spot volume data points in the same direction.
After a period of stagnation, social media interest in XRP is now reported to be at its highest level in two years. Data sourced from Cointelegraph suggests that rising positive sentiment is reinforcing opportunities for a potential recovery in XRP.
Analyst outlook and technical signals
According to TradingView, the XRP/USD pair has recorded a 5% gain since the start of May, while open interest in the derivatives market has jumped by 23%.
Analyst Bird notes that breaking the multi-month support line on the daily chart could pave the way for the next leg up in $XRP.
Another analyst, known online as ChartNerd, believes that XRP’s bounce from a multi-month ascending support and the appearance of a “golden cross” on the weekly chart could push the price to $1.80. CryptoPatel forecasts that, if XRP breaks out above its current accumulation zone between $1 and $1.30, a strong upward move could take it to $10 later this year. Certain technical indicators even signal the possibility of a rally extending to as high as $12.
