XRP ETFs Remain in Green but Inflows Hit a Record Low: How Will Price React?

Core Insights - XRP price is currently holding above $2.08, but the breakout is not yet confirmed due to timing issues and a significant drop in ETF inflows [1][3][4] ETF Inflows - XRP spot ETFs recorded only $38.07 million in net inflows during the week ending January 9, marking an 84% decline from the late-November peak of approximately $244 million [4] - The decline in ETF inflows coincided with a notable pullback in XRP's price, particularly between January 6 and January 9, when ETF demand decreased significantly [4][5] Market Structure - XRP is still within a bullish inverse head and shoulders pattern on the daily chart, but the breakout has stalled due to insufficient follow-through demand near the neckline [3][5] - The neckline of the pattern is sloping upward, indicating that XRP requires both price strength and sustained demand to confirm a breakout [6] Holder Activity - Between January 9 and January 10, the net position change of XRP holders surged from approximately 62.4 million XRP to 239.5 million XRP, representing a nearly 300% increase in just 24 hours [7] - This significant accumulation by long-term holders offsets the slowdown in ETF demand, indicating strong buying interest despite institutional hesitance [8] Supply Zones - The first major supply cluster for XRP is identified between $2.14 and $2.15, where around 1.88 billion XRP were accumulated [8] - A daily close above this supply zone would signify a critical break in resistance for XRP [8]