XRP surpasses Bitcoin with 6 consecutive days of capital inflow... Will the 6-month bear market end this time?

▲ XRP/ChatGPT generated image

XRP is preparing for a strong upward rally towards $1.8, buoyed by practical partnerships in Japan and Korea and a large inflow of institutional funds.

According to cryptocurrency media outlet 24/7 Wall St. on April 21 (local time), XRP recorded a return rate of nearly 10% over the past week. This performance surpassed Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). The price once broke through $1.5 and is currently maintaining a stable trend around $1.42. This rise is attracting significant market attention as it is the result of several catalysts acting simultaneously, rather than a one-off positive factor.

Rakuten Wallet in Japan has integrated XRP into its payment system. More than 44 million users can now directly use XRP at 5 million stores in Japan. In Korea, Kyobo Life Insurance has partnered with Ripple. They are promoting a project to tokenize government bond settlements on the blockchain. As its integration with the real economy accelerates, XRP's utility value is being proven.

The inflow of institutional investors' funds is also at an all-time high. Over the past week, $55.39 million flowed into XRP spot ETFs. This is one of the strongest weekly performances since 2026. Net inflows have continued for 6 consecutive days, forming a stable buying trend. Expectations for the US crypto market structure bill (CLARITY) are also stimulating fund inflows. The market is closely watching the schedule for the bill's deliberation by the Senate Banking Committee.

If the bullish scenario materializes, XRP is likely to break through the $1.45 resistance level and rise to $1.8 to $1.88. The preconditions are that the bill's deliberation schedule is confirmed by the end of April and geopolitical tensions ease. If a ceasefire is maintained, reclaiming the 200-day moving average is also possible. On the other hand, if Bitcoin falls to the $65,000 level and market sentiment deteriorates, it could be pushed down to the $1.28 to $1.3 support level.

For this April rally to establish itself as a long-term breakthrough, it needs to close above $1.45. Currently, XRP has the strongest fundamental basis since 2026. However, volatility risks due to external variables still remain. The bill schedule and political situation in the coming days are expected to determine the final price. It remains to be seen whether it will break the six-month downtrend and enter a full-fledged rebound.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*