Recently, I observed an interesting phenomenon: the entire crypto market experienced a net outflow of $446 million from ETFs last week, but XRP actually saw a net inflow of funds during this flight. This counter-movement is quite intriguing.



Let's first review XRP's current technical outlook. The current price is around 1.860000, and technical indicators show the RSI at 45.4, in a neutral to slightly weak zone, leaving room for upward movement. On the support side, the key level to hold is 1.785600; resistance above is at 1.934400. If the price can break above 1.906500, there could be a subsequent rally.

Interestingly, when the market is generally bearish, funds are quietly entering, which is rarely coincidental. Such contrarian inflows often indicate that some savvy players are positioning themselves in advance.

From a trading perspective, I think it might be worth trying around 1.860000. If the price can stabilize at this level, gradually increasing positions isn't a bad idea. For risk management, set your stop-loss at the support level of 1.785600; if it breaks below, exit promptly. The initial profit target is 1.906500. If that resistance is broken, XRP's momentum could become even stronger.

Market conditions change rapidly. These are just some thoughts based on current data. What do you all think?
XRP0,91%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
GasGuzzlervip
· 8h ago
Seeing funds fleeing, some people still dare to invest in XRP. That’s really bold... But to be honest, sometimes reverse trading can be an opportunity, it just depends on whether you can hold on.
View OriginalReply0
SorryRugPulledvip
· 8h ago
The feeling of going against the trend is a bit like a gambler's mentality... but if the 1.785 resistance level holds, there is still a chance moving forward.
View OriginalReply0
MemeTokenGeniusvip
· 8h ago
I like the work of accumulating funds against the trend, just worried that I don't have enough capital myself, haha.
View OriginalReply0
BlockDetectivevip
· 8h ago
Hmm, entering at 1.86 is a bit interesting. I'm also watching this reverse inflow phenomenon. --- Really, when everyone is running away, there are still people quietly accumulating chips. I've seen this happen quite a few times. --- Breaking 1.906500 should be a signal to add more, but we need confirmation signals first. Don't get caught. --- This wave of XRP feels a bit different, like smart money is betting. --- RSI at just 45 is a bit weak. There's room for a rebound, but I'm still waiting for confirmation. --- Stop-loss at 1.785 must be held firmly. If it breaks below, I'll run. It tests your psychology too much. --- Do you think this kind of contrarian inflow really means institutions are positioning, or should we wait for the volume to speak? --- Trying it out is okay, but I'm still cautious. Need to see more before deciding. --- It's interesting, but the market is full of tricks. Better to be cautious.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)