XRP price is consolidating in a narrow range near $1.37, signaling a potential sharp breakout as volatility compresses to its tightest level in over a year on the 3-day chart. Despite broader market weakness, XRP recorded approximately $750,000 in ETF inflows on a day when Bitcoin and Ethereum funds saw significant outflows, highlighting a notable divergence in investor sentiment.
The XRP price is moving in a tight consolidation range between $1.29 and $1.50, suggesting an imminent sharp breakout. At the time of writing, XRP is trading at $1.37 with a market capitalization of $85.01 billion.
According to crypto analyst Ali Charts, the 3-day chart shows one of the tightest Bollinger Band squeezes in over a year. This significant compression in market volatility often precedes a major price expansion.
The neutrality of the current compression makes the trend direction ambiguous for traders. A confirmed breakout above resistance could target $1.80, while a breakdown below support risks a decline toward $1.
Data from BankXRP further highlighted a positive flow divergence for XRP amidst a weak market. While Bitcoin ETFs saw outflows of around $648 million and Ethereum lost nearly $86 million, XRP attracted about $750,000 in inflows.
ETF flows typically act as a market sentiment indicator, making this divergence conspicuous. The selective buying pressure on XRP, despite a risk-off sentiment affecting larger assets, is being closely watched by market participants.
