XRP price rebounds toward $1.10 as ETF inflows return

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XRP traded around $1.0917 on July 30, recovering 1.68% intraday after dipping toward $1.045 earlier in the week, according to crypto.news data. The token remains just below the Bollinger Bands’ 20‑day middle line at $1.0975, which now acts as immediate resistance. A daily close above that level could open a move toward the upper band near $1.1395. Technical momentum is neutral, with the daily RSI at 47.58, slightly under its signal line and below the 50 threshold. The rebound coincides with $584,000 in net inflows to XRP exchange‑traded funds on July 29 and growing institutional interest, including Aviva Investors adopting XRP Ledger technology.

Prepared by Jonathan Pierce and reviewed by editorial team.

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The recovery coincided with $584,000 in net inflows into XRP exchange-traded funds on July 29, according to SoSoValue. It marked their first positive daily flow since July 25. The funds have remained net positive on a weekly basis for three consecutive weeks Aviva’s move gives XRPL a large traditional-finance use case beyond payments and cryptocurrency trading

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Markets often move toward large liquidation pools because forced position closures can add momentum. A break through $1.10 could therefore trigger short liquidations and push XRP toward the next liquidity band near $1.11. A larger concentration is also visible just below $1.07, around $1.065. If XRP is rejected near $1.10, that lower pool could draw the price back toward the $1.0708 Fibonacci support. Further downside liquidity appears between $1.04 and $1.05. A loss of $1.065 would therefore expose the recent low at $1.0453 and weaken the current recovery structure. https://crypto.news/xrp-price-rebounds-toward-1-10-as-etf-inflows-return/

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