XRP Price Forecast: As the Crypto Market Struggles, Significant Investments Are Steadily Entering XRP — What Insights Do They Have?

Funds continue to be directed toward XRP-related exchange-traded funds (ETFs) despite the recent downturn in the cryptocurrency market. This supports an optimistic XRP price forecast as it suggests that Wall Street is subtly accumulating the asset.

According to data from SoSoValue, XRP ETFs have recorded only one day of negative net inflows since the inception of these products in the U.S.

Consequently, the total assets managed by these funds have surged to $1.51 billion within just two months, exceeding Solana’s ETF assets by over $300 million.

Over the last week, XRP has seen a decrease of 2%, although its year-to-date increase currently stands at 12% due to a price surge at the beginning of the year.

This consistent trend of positive net inflows suggests that both institutional and retail investors are gradually enhancing their positions, establishing a robust support level for the asset in the event that this pullback intensifies.

XRP Price Forecast: Potential Movement to $3 If XRP Breaks Out of Descending Triangle Again

The 4-hour chart indicates that XRP has once again created a descending triangle. The last occurrence of this pattern saw the token break out and yield significant short-term gains.

With its bearish pattern now invalidated on higher time frames, another breakout could lead to a much more substantial movement that could push XRP back to $3 at minimum.

Source: TradingView

The price has recently moved above the 200-period EMA on this shorter time frame, supporting a bullish perspective. Should the Relative Strength Index (RSI) exceed the mid-line and execute a bullish crossover above the 14-day moving average, this would validate a buying signal for this altcoin.

As altcoins appear poised for a significant rebound, leading crypto presales like Bitcoin Hyper ($HYPER) may gain from a broader market recovery. This initiative utilizes Solana’s speed and low transaction fees to initiate a new phase for Bitcoin’s DeFi landscape.

Bitcoin Hyper ($HYPER) Aims to Revolutionize BTC’s DeFi Through Solana’s Efficiency and Low Costs

Bitcoin Hyper ($HYPER) is a rapidly progressing presale that merges Solana’s swift blockchain with the Bitcoin network, providing investors with a fresh method to earn passive income on BTC.

With the Hyper Layer 2, users can stake, lend, and generate yield on their Bitcoin, all while benefiting from low fees and expedited transactions that enhance profits instead of diminishing them through costs.

In merely a few months, the project has secured over $30 million. Its ambitious roadmap has generated excitement among investors, as developers will now be able to introduce highly efficient Bitcoin-native applications favored by BTC holders.

As leading wallets and exchanges increasingly integrate the Hyper L2, the demand for its native token, $HYPER, is expected to soar.

Early purchasers who capitalize on the token’s presale price at this moment will have the opportunity to enjoy the greatest returns.

To acquire $HYPER, simply navigate to the official Bitcoin Hyper website and connect your preferred wallet (e.g. Best Wallet).

You can either exchange USDT or ETH for this token or opt to use a bank card instead.

Visit the Official Bitcoin Hyper Website Here

The post XRP Price Prediction: While the Crypto Market Bleeds, Big Money Is Quietly Flowing Into XRP — What Do They Know? appeared first on Cryptonews.