XRP Has Better Flows, but the Chart Still Needs Repair

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XRP Has Better Flows, but the Chart Still Needs RepairXRP / US DollarCOINBASE:XRPUSDEvelyn_ReedXRP is back near the 1.35–1.37 support area after giving back part of the recent rally. On the surface, that looks weak. The interesting part is that the flow picture has actually improved. U.S. spot XRP ETFs just recorded one of their strongest stretches in months. Last week brought about $39.8 million of net inflows, the best weekly result since May, and August 26 added another $28.1 million. Cumulative inflows are now around $1.6 billion. That does not guarantee higher prices, but it does matter. Earlier in the year, XRP had the institutional-access story without much evidence of fresh demand. Now the flows are starting to show up while price is still struggling under descending resistance. What the chart shows The 1.35–1.37 area is the immediate test. Buyers have reacted there before, and price is trying to stabilise again. But the sequence of lower highs has not been broken yet. The first thing that would improve the structure is a clean move through the descending trendline. The bigger test remains 1.52–1.55, where previous rallies failed. Primary scenario The constructive case stays alive while XRP holds the current support zone. A bounce from here followed by a break of the descending resistance would be more convincing now because ETF demand is improving at the same time. Alternative scenario The other possibility is that ETF inflows are not large enough to offset broader selling pressure. That becomes more likely if XRP loses 1.35 and starts accepting below the current support area. In that case, the better flow data would be real, but not strong enough to change price. What would change the view The constructive case weakens below 1.35. The cautious view weakens if XRP breaks the trendline and later holds above 1.52–1.55. What comes next The next thing I would watch is whether ETF inflows continue if price stays weak. If buyers keep adding while XRP holds support, that divergence becomes more interesting. The flows are finally improving, but price still has to prove that institutions are buying enough to matter.