XRP Sees $69M Weekly Inflows Amid Growing Investor Interest
According to the latest data from CoinShares, XRP attracted $69 million in inflows over the past week, highlighting renewed investor confidence in the digital asset. This marks a significant uptick in capital entering the XRP market, signaling optimism among institutional and retail investors alike.
XRP’s recent $69M inflows reflect broader cryptocurrency bullishness, fueled by strong on-chain metrics, undervaluation, and optimism over crypto regulatory clarity, signals that historically precede accumulation and upward price moves.
Therefore, CoinShares data shows that XRP is gaining from a shift toward assets with strong transactional utility. Its highly active network boosts appeal for both traders and long-term holders, while a low NVT ratio signals potential undervaluation relative to on-chain activity.
"Investor behavior reinforces this trend since short-term holders are consolidating, while long-term holders retain strong positions, stabilizing the market.
Historically, such dynamics, especially in high-activity networks like XRP, follow major inflows with price recoveries and renewed accumulation, setting the stage for sustainable growth.
Therefore, the $69 million weekly inflow into XRP underscores growing market confidence and highlights the cryptocurrency’s attractiveness amid evolving investor strategies.
XRP Eyes $5 Breakout Target Amid Bullish Flag Pole Formation
XRP is capturing the attention of traders and investors after technical analyst ChartNerd highlighted a potential breakout target of $5, citing a classic bullish flag pole formation. This pattern, widely recognized in technical analysis, often signals a continuation of an existing uptrend following a period of consolidation.
Notably, a flag pole formation appears when a sharp price rally is followed by a brief sideways consolidation, forming a ‘flag’ on the chart.
When the price breaks out, it often mirrors the initial surge, signaling strong upside potential. For XRP, ChartNerd denotes the current consolidation as the flag, with the preceding rally as the pole, if the pattern holds, XRP could climb toward $5, marking a significant milestone.
XRP gains bullish momentum as rising on-chain activity and institutional interest boost investor confidence. Favorable technicals and a flag pole formation suggest recent consolidation may be a pause before the next breakout with the present dip seemingly being over after flipping $2.86.
Conclusion
XRP’s $69 million weekly inflows highlight growing investor confidence and underscore its potential undervaluation. With strong network activity, supportive on-chain metrics, and evolving regulatory clarity, XRP appears well-positioned for accumulation and possible upward momentum in the near term.
Meanwhile, XRP’s flag pole formation signals a strong bullish setup, with $5 within reach if momentum holds.
