ETF inflows surge past $628 million as price rebounds from key demand zone
XRP has staged a V-shaped recovery on the daily chart, reversing a multi-week decline as new ETF inflows add fuel to an improving technical structure. The token rebounded sharply from the green demand block near the $1.90 region, a historically strong support zone that has repeatedly halted downside momentum throughout the year.
According to fund data, total XRP ETF assets have now surpassed $628 million, with nearly 80 million tokens absorbed in the past 24 hours. This sharp increase in demand has coincided with the price carving out a cleaner bullish pattern.
XRP Reclaims Structure and Forms Ascending Broadening Wedge
Market shows XRP climbing into what appears to be an ascending broadening wedge, a formation often associated with growing volatility and strengthening momentum. After establishing a strong low and posting a decisive break of structure (BOS), the price advanced toward the lower portion of a large supply region between $2.60 and $2.85.
BitXJournal Analysts note that the rapid recovery from the recent sell-off is significant. “the speed of this rebound indicates that deeper liquidity buyers were waiting just below $2.00. The ETF flows aligned perfectly with this technical inflection.”
He added that “as long as XRP holds above $2.10, the wedge structure supports a continuation toward the mid-$2.60 zone.”
ETF Demand Provides Unexpected Tailwind
The sudden uptick in ETF participation has surprised several market observers who expected a more gradual accumulation phase. The inflows have helped stabilize market depth and tighten spreads, reinforcing the bounce from structural support.
BitXJournal Blockchain analyst explained that “ETFs absorbing 80 million tokens in a single day is a meaningful signal. It shows that institutional appetite is growing even before broader macro catalysts emerge.”
XRP now approaches a decisive technical threshold. A sustained move above the first supply band could open the path toward the wider distribution zone near $3.10 to $3.20, where prior rallies have stalled.
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