XRP price begins bullish momentum, supported by stable capital inflows:

XRP has risen for the second consecutive day, with an increase of over $2.28.
The XRP digital asset product attracted $10.6 million in inflows within a week, bringing the total managed assets to $1.4 billion.
The market sentiment towards XRP remains positive, with the open interest in futures contracts rising to its highest level since May 30.
XRP ( has risen for two consecutive days, reflecting positive market sentiment and stable institutional demand. The slight increase on Monday brought the price of XRP close to $2.28 at the time of writing. If risk appetite remains high, this cross-border remittance token may break through $2.33, a level that restricted price movement in mid-May.

XRP shows bullish signs on stable capital inflows.

According to the report released by CoinShares every Monday, weekly inflows into digital asset products slightly exceeded $1.03 billion. Inflows into financial products related to XRP reached $10.6 million, accelerating the year-to-date inflow to $335 million, as shown in the chart below. The total assets under management )AUM( average approximately $1.4 billion.

The United States ) US ( accounted for the majority of the total capital inflow each week, reaching $1 billion, of which $790 million flowed into Bitcoin ETFs, BTC treasury, and other related financial products.

"The price increase over the past week has brought the total assets under management to a new historical high of $188 billion. The trading volume reached $16.3 billion, consistent with the weekly average for the year so far," CoinShares reported.

Interest in XRP spans various sectors of the market, including the open interest of futures contracts )OI(, which has increased by about 25% to $4.69 billion since dropping to $3.54 billion on June 23. This is the highest level since May 30.

The trading volume of futures contracts has significantly increased to $4.72 billion, indicating that market activity is expanding. This, combined with the increase in open interest, suggests that traders hold a bullish preference and are willing to bet on future price increases.

In the past 24 hours, the total recorded liquidation amount reached $2.52 billion, with short positions accounting for $1.52 million, while approximately $997,000 of shorts were wiped out.

Technical Outlook: XRP shows a bullish structure

XRP is printing its second consecutive green candle on the daily chart, thanks to stable interest in the token. Key technical indicators support the recovery, aiming to break through resistance levels of $2.33 tested in mid-June and $2.47 on May 23.

The buy signal from the Moving Average Convergence Divergence (MACD) indicator encourages traders to seek exposure. This signal appears when the blue MACD line crosses above the red signal line. The green histogram bars above the zero line enhance bullish momentum.

Meanwhile, the relative strength index ) RSI ( is at 57, indicating that the bullish trend has strength and may continue this week.

If it breaks through the short-term supply zone of $2.33, the bullish space may exceed the obstacle of $2.47, reaching XRP's high point of around $2.65 in May.

Nevertheless, a trend reversal cannot be ruled out, especially considering the market sentiment remains unstable due to U.S. tariffs. President Trump's 90-day tariff suspension will end on July 9, which implies uncertainty in the global market.

In light of this, traders should be prepared for a potential pullback to the June low support level of $1.90. However, the current 100-day Exponential Moving Average at $2.22, the 50-day EMA at $2.21, and the 200-day EMA at $2.11 can absorb potential selling pressure, thus preventing the price from falling below the $2.00 integer level.

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