XRP ETF Inflows Hit $1.51B Amid Consolidation Near $1.07

XRP holds $1.04 support with $1.51B cumulative ETF inflows, while technical resistance at $1.10 caps upside momentum.

Woofun AI data shows that XRP trades near $1.07, defending the $1.04 support level while facing resistance from a cluster of EMAs between $1.07 and $1.10. Technical indicators reflect fading bearish momentum, with the RSI at 47.64 and converging MACD lines suggesting gradual improvement without confirming a full reversal.

Institutional demand remains steady, with XRP ETFs recording $14.86 million in weekly inflows by July 31, marking three consecutive weeks of positive flows. Cumulative ETF inflows have reached approximately $1.51 billion, alongside total net assets of $989 million. On-chain data indicates investors added over 15 million XRP during Week 31, reinforcing accumulation trends despite the price remaining within a year-long pattern of lower highs.