XRP started to rise exponentially with increased funds flowing into its spot exchange-traded funds (ETFs). Gaining more than 10% in the last 24 hours, the coin crushed a strong resistance level and booked the top spot on CoinGecko’s trending list.
Ripple’s XRP coin is rallying and has crossed above $2.2, a strong resistance level, after its investment fund markets saw an increased flow of funds. Since mid-November, there has not been a day that the XRP ETFs did not have a positive net flow. This meant that more money was entering than leaving the fund.
Although XRP ETFs have attracted funds since November, when the overall picture is put into context, the funds flowing into the ETFs were decreasing until mid-December.
From mid-December, the fund flow stagnated below $10 million until January 1, 2026. However, yesterday the whole scenario changed as this stagnation ended with XRP ETFs attracting $22 million within a day.
This aggregate of $22 million majorly came through the Bitwise XRP ETF, which attracted $7.95 million, while the rest entered through XRPC, Canary’s XRP ETF, XRPZ—Franklin’s XRP ETF—and GXRP, Grayscale’s XRP Trust ETF.
With the increase in inflows, XRP broke out almost exponentially, rising above $2.2, a strong resistance. Had the Relative Strength Index (RSI) indicator not signalled an overbought condition on the daily chart, the coin would have continued its uptrend until it reached $2.5. If XRP plays by the book, there must be a retracement on the daily.
Unlike the daily chart, XRP has more room for growth on the weekly chart, as the RSI does not signal extreme conditions. If the coin continues its trajectory as it did a few times ago, XRP has the potential to rise above $2.75.
Meanwhile, Ripple is also expanding its accessibility to Asia. The company signed a memorandum of understanding with SBI Holdings and its subsidiary SBI VC Trade to distribute the US firm’s RLUSD stablecoin in Japan.
