XRP on Track for Most Successful Week Since March, But $1.44 'Seller Wall' Stands in Way: What Could Go Wrong?

TL;DR

XRP is on track for its most successful week since March, gaining 8.85% and currently priced at $1.4332. However, a significant seller wall at $1.44 could hinder further price increases.

Key points

XRP gained 8.85% this week.
Current price is around $1.4332.
Institutional inflows into XRP ETFs total $41.64 million.
Total assets in XRP ETFs have returned to $1.08 billion.
A $1.44 seller wall could hinder price increases.

Mentioned in this story

Ripple

By the weekend, XRP is demonstrating such a dynamic that it could become the asset’s most successful weekly result since March, gaining 8.85%. At the moment, the price is quoted around $1.4332.

The main surprise of the week was not loud statements from the Ripple camp but a methodical inflow of capital into spot XRP ETFs in the U.S. Against the backdrop of general caution among retail participants, large funds are showing inflows for the fourth consecutive day, totaling $41.64 million over four days.

Total assets have returned to the $1.08 billion mark, which indicates the willingness of institutional players to hold positions above the psychological level of $1 billion.

XRP/USD weekly prica chart, Source: TradingView

Could CLARITY Act be catalyst for a breakout at $1.50?

This inflow coincides with preparations for the vote on the CLARITY Act. The law goes beyond simple classification. It establishes rules for stablecoins, Ripple RLUSD in this case, and lending protocols within the XRP Ledger that will allow institutions to legally generate yield on their XRP reserves through regulated DeFi instruments.

Despite the status of the “most successful week,” the path to further growth is complicated by several critical factors. The daily high at $1.4435 confirmed the presence of strong resistance, which almost coincides with the calculated Short Max Pain point at $1.4516, according to CoinGlass.