Based on Cryptonewsland, XRP recently triggered a rare TD Sequential '9' buy signal on the weekly chart, suggesting potential short-term reversal. The price currently trades near $2.03 with support at $2.00 and resistance at $2.40. Institutional investors poured $243.95 million into XRP ETFs for the week ending November 28, marking the largest weekly inflow since the ETF launch. This occurred despite a 7% price drop in the past 24 hours, with XRP briefly touching $1.984 before stabilizing. Analysts note the TD Sequential signal has historically predicted reversals in high-volatility assets with 65-75% accuracy. The inflows suggest growing institutional confidence in XRP, especially as regulatory clarity improves and Ripple's legal developments with the SEC continue to unfold.
XRP ETFs See $243M Inflows Amid Technical Buy Signal
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