Does $1.4B in ETF Inflows Shield XRP from a Multi-Year Sideways Grind?

What happened

XRP has established a local bottom at $1.15, backed by over $1.4 billion in cumulative spot ETF inflows. However, repeating technical setups from 2022 suggest the asset may face a multi-year sideways consolidation before…

What we think

The most likely outcome is a multi-year sideways consolidation between $1.15 and $2.00, with a probability of 65%, driven by low retail trading volume and a repeating historical technical setup.

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Does $1.4B in ETF Inflows Shield XRP from a Multi-Year Sideways Grind?

We explain what happened and what could follow. We do not forecast prices.