XRP price prediction: $160 million behind Solana, 13 weeks of inflows against a 9 percent weekly loss

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.The XRP funds are only $160 million behind the Solana funds and have been taking in fresh money for 13 weeks. Why the price is falling anyway at $1.38, and what that means for the $2.80 year-end target.The American spot funds holding XRP together manage around $1.57 billion, the comparable Solana funds around $1.73 billion. Some $160 million still separates the two groups, and the gap has been shrinking for weeks. That is the real story behind the XRP price this Monday, because the price sheet itself does not show it: XRP traded at $1.38 at midday on Monday, a good 9 percent below where it stood a week earlier. This contradiction is the heart of the forecast. Money has flowed into the XRP funds for thirteen consecutive weeks, most recently $11.31 million in the week to October 9. Over the same stretch the funds holding Bitcoin, Ethereum and Solana lost a combined $1.248 billion. Even so, the assets of the XRP funds fell from $1.66 billion to $1.57 billion. To see where the price...