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XRP jumps 12.5% as U.S. spot ETFs see biggest inflows in 3 months, signaling strong demand ahead of breakout.

Technical Signals
17 Apr 2026
Benzinga
View Source
Bullish
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XRP surged 12.5% from its April lows, driven by a record $41.64 million net inflow into U.S. spot ETFs in the week ending April 16, the largest in three months. This surge in ETF inflows, led by Bitwise and Franklin products, indicates growing investor confidence before a technical breakout, unlike March when inflows followed the price rally. The current price pattern forms a bullish cup and handle setup targeting $1.65-$1.70, with key resistance at $1.46. A volume-backed break above this level could trigger further gains.

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