XRP is trading above $2, with strong institutional investor flows hinting at further gains. Reclaiming its 50-day moving average, XRP shows signs of a trend reversal. Institutional inflows into XRP surged last week, defying market trends. Onchain volume data suggests balanced participation is driving XRP’s move above $2. CoinShares reported $45 million in weekly inflows into XRP, contrasting with broader market outflows. XRP’s stability above $2 is supported by volume data, indicating balanced activity between buyers and sellers. Analysts predict XRP could reach untapped levels around $3, with key levels at $2.10 and $2.40 determining market shifts. Whale selling near $2.40 may be a hurdle for XRP’s rally.

Read more at CoinTelegraph: XRP Holds $2, But Can TradFi Investors Generate New All-Time Highs?