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XRP News Today: XRP ETF Inflows and RLUSD Rally Counteract Bearish Death Cross Predictions

XRP News Today: XRP ETF Inflows and RLUSD Rally Counteract Bearish Death Cross Predictions

Bitget-RWA2025/11/29 14:36
By:Bitget-RWA

- Analysts challenge bearish XRP forecasts despite 40% price drop and death cross signals, citing strong RLUSD growth and $622M ETF inflows as bullish fundamentals. - Technical indicators show mixed signals: daily RSI divergence suggests weakening selling pressure, while weekly charts maintain bearish divergence. - EGRAG draws parallels to 2017/2021 consolidation phases, noting XRP remains above 200-day MA and lacks 2018 crash's momentum collapse. - Key resistance at $2.30-$2.40 could trigger $2.60 rally i

XRP Market Outlook: Analysts See Strength Amid Mixed Signals

Despite recent declines and conflicting technical indicators, many experts are moving away from predictions of an impending bear market for XRP. They point to robust underlying factors and similarities to previous bullish cycles as reasons for optimism. Although XRP has dropped 40% from its yearly high and faces a potential death cross on the 3-day chart, several key metrics—such as the expansion of the RLUSD stablecoin and significant ETF inflows—indicate ongoing resilience.

According to Artemis, RLUSD’s 30-day trading volume has jumped by 56% to reach $3.5 billion, while its supply has grown 28% to $1.2 billion, making it the third-largest stablecoin compliant with the GENIUS Act. At the same time, XRP-focused ETFs have attracted a total of $622 million, reflecting increasing institutional participation.

Technical Analysis: Diverging Views

Opinions among technical analysts remain split. EGRAG, a well-known crypto analyst, notes that while XRP is nearing a death cross—where the 50-day moving average falls below the 200-day—this event alone does not confirm a bear market. He emphasizes that XRP is still trading above its 200-day moving average and that momentum has not reversed, unlike the 2018 crash, where the death cross followed a sharp price drop. EGRAG instead compares the current situation to the consolidation periods in 2017 and 2021, which were followed by significant rallies.

Short-Term Trends and Key Levels

Recent price movements highlight this uncertainty. On the daily chart, XRP shows a bullish divergence, with the Relative Strength Index (RSI) forming higher lows even as prices decline, hinting at fading selling pressure. However, the weekly chart still signals bearish divergence, adding complexity to the outlook. Analysts such as Milkybull Crypto point to On-Balance Volume (OBV) as a positive sign, noting a bounce from the $2 support level that suggests genuine buying interest.

XRP Technical Chart

Resistance between $2.30 and $2.40 remains a crucial barrier. A decisive move above this range could open the door to $2.60, while failing to stay above $2.05–$2.07 could invite renewed selling pressure.

Historical Parallels and Market Sentiment

Some market observers draw comparisons to XRP’s 2017 bull run. GalaxyBTC notes that the current price action closely resembles the setup before XRP’s surge to $3.50, with accumulation within a defined range and adherence to the breakout structure anticipated for 2025. While this historical context fuels optimism, analysts caution that sustained upward momentum will require buyers to decisively outpace sellers—something XRP has struggled to achieve in recent months.

Risks and the Path Forward

While positive signals are emerging, risks remain. Nevertheless, with ETF inflows surpassing $164 million in recent days and RLUSD’s ledger growth climbing to $300 million, XRP’s fundamentals point toward the possibility of a reversal rather than a prolonged decline. As EGRAG summarizes, the current market structure is more indicative of late-stage consolidation than the start of a bear market, offering investors a cautiously hopeful perspective.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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