XRP Price Today: XRP Flashes a Rare TD Sequential Buy Signal While Institutions Pour $243M Into ETFs

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Ah, the tragic comedy of XRP. A price drop here, a price dip there, yet the show must go on. Despite a 7.19% drop in the last 24 hours, which is hardly a cause for celebration, XRP remains a crowd favorite in the crypto circus. The trading volume is still ridiculously high at $4.19 billion, while institutional participation is about as strong as ever. The correction may be nearing its climax, or maybe just the intermission. Stay tuned.

XRP Price Slides Despite Technical Buy Signal

So, what’s the deal? XRP’s price is down to a mere $2.03, marking a 7.19% decline. A tragic fall from its earlier $3 high, yes, but still, it clings to life. This decline follows weeks of selling pressure-because who doesn’t love a bit of downward spiral in the volatile world of crypto? Yet, liquidity remains shockingly strong. What a relief. At least someone’s happy in this market. 🤷‍♂️

Now, let’s talk about XRP’s undying love affair with Bitcoin. The two are practically joined at the hip with a correlation of 0.85. Bitcoin’s moves dictate XRP’s fate, like a tragic hero forced to follow the script. And don’t forget the Ripple vs. SEC drama, still unfolding like the world’s most unpredictable soap opera. Who knows where this one’s headed?

TD Sequential Buy Signal Emerges on Weekly Chart

Enter Ali (@ali_charts), crypto’s very own oracle. According to Ali, XRP has printed a TD Sequential “9” buy signal on the weekly chart. No, this is not a magic trick, it’s a real thing. Developed by Tom DeMark, this indicator is supposed to signal trend exhaustion, though its past record is like a rollercoaster ride-sometimes you go up, sometimes you go down. 🚀🎢

The TD Sequential has about a 65-75% chance of indicating a short-term reversal. It’s like playing the lottery, but with slightly better odds. And while XRP’s recent fall aligns with previous setups, analysts caution that it’s no guarantee-TD Sequential can be a bit of a tease, like a date that never texts you back.

Institutional Inflows Hit Record $243.95 Million

Hold your applause-XRP’s institutional fan club is back. According to @Steph_iscrypto, a record $243.95 million flowed into XRP spot ETFs last week. That’s a lot of institutional cash, even in a market that’s slumping like an overcooked steak. This surge comes despite XRP’s price wobbling, showing that the big boys are still keen to play. Maybe they know something we don’t? 🤔

It’s interesting to note that nearly 60% of institutions are now diversifying beyond Bitcoin and Ethereum. XRP is gaining ground, which is a surprise to no one who’s been following this drama. However, the huge supply of XRP-100 billion tokens, mind you-dilutes the price impact of these inflows. So while the institutions are happy, XRP’s price is doing its best impression of a turtle on a treadmill.

Analysts Weigh Risks and Opportunities as Market Consolidates

Are we looking at the dawn of a new era for XRP? Or just another false start in this crypto rollercoaster? Optimists see the TD Sequential buy signal and the massive ETF inflows as potential signs of life. They’re hoping for a short-term relief rally, maybe with a nice little breakout if Bitcoin behaves itself. But, of course, skepticism is always lurking like a shadow. XRP’s history with TD signals isn’t exactly a glowing endorsement.

On the flip side, skeptics warn that this could be just another blip before the market throws us back into the pit of despair. With Bitcoin’s volatility and the shifting global macro conditions, XRP’s hopes of a rally might be as fragile as a soap bubble in a hurricane. Hold on tight.

Looking Ahead: Can XRP Maintain Support and Build Momentum?

Traders are eyeing the $2.40 resistance zone. If XRP can break above it, maybe, just maybe, it can start to climb back up the crypto ladder. But it also has to stay above $2.00 to keep any dreams of a rally alive. A strong weekly close above these levels could mean that the TD Sequential was not just a pretty signal but the real deal. 🎯

For now, the institutional ETF flows continue to prop up XRP, giving it some long-term stability. As Ripple moves forward with its global partnerships and the regulatory environment clears up, XRP may find itself in a stronger position. But, let’s be real: the next few weeks will tell us whether this crypto can escape the clutches of the bear market or whether it’ll continue to dance in the shadows. Stay tuned. 🍿

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2025-12-01 22:45