Overview
- XRP jumped about 13% in the first three days of July, a move supported by steady spot ETF inflows that have totaled roughly $1.49 billion and by a latest week of inflows near $17.2 million, according to fund flow data.
- Price has compressed inside a symmetrical triangle that is nearing its apex while a possible weekly death cross around the $1.20 area threatens to flip a long‑held moving‑average floor into resistance.
- Exchange tradable supply has fallen to multi‑year lows, with Binance scarcity readings near 0.77 and reserves down sharply, a setup that magnifies moves because there are fewer coins available to sell.
- The rally looks primarily spot‑driven and low‑leverage, leaving institutions as the main buyers even though on‑ledger activity remains muted and most holders are still showing unrealized losses.
- The next clear signs traders will watch are a sustained hold of $1.10–$1.14, a daily close above $1.20 to weaken the death‑cross case, and a pickup in ledger transactions to validate that inflows are translating into broader network use.