BULLISH 📈 : XRP sees institutional inflows amid oversold conditions and resistance

XRP is navigating a period of technical stress and renewed accumulation. Despite a rebound from recent lows, it remains below the key resistance zone near $1.50.

XRP experienced a sharp decline, falling over 30% from early January highs, touching $1.11 during a market-wide sell-off on February 5.
The market downturn occurred amidst peak fear in crypto markets, with significant liquidations as Bitcoin approached $60,000.

Oversold Signals and Capitulation Volumes

Technical analysts highlight oversold conditions, with XRP's Relative Strength Index reaching levels typically associated with market bottoms.
XRP saw its highest single-day trading volume on Coinbase in nearly a year during the February 5 crash, indicating possible capitulation.

XRP Dip Buyers Step In as Institutions Hold Interest

High-profile investors, including Patrick Bet-David, have added to their XRP positions, viewing these purchases as long-term investments.
XRP was the only major crypto to post positive ETF flows recently, attracting about $45 million in net inflows despite broader market outflows.

The $1.50 Level Remains Critical

XRP faces strong technical resistance below the $1.50-$1.65 zone, which acts as a supply level.
For sustained recovery, XRP needs to reclaim these levels and form higher lows.

Currently, XRP sits at a crossroads, where oversold conditions and steady inflows suggest easing selling pressure. The ability to turn stabilization into recovery depends on overcoming the $1.50 resistance.