XRP was trading just north of $1.40 on Tuesday, up marginally from Monday's close, as a fresh wave of institutional demand hit the market. US-listed XRP spot ETFs recorded net inflows of $3.87 million on Monday, pushing cumulative inflows to $1.29 billion. Total assets under management across the funds now sit at $1.07 billion.
ETF demand picks up
The Monday inflows mark a continuation of the slow but steady accumulation that has characterized XRP ETFs since their launch. The $3.87 million figure is modest compared to the daily volumes at the product's peak, but it keeps the cumulative number climbing. Open interest in XRP perpetual futures also ticked up, rising to $2.60 billion from $2.50 billion the prior day. Still, that's a far cry from the $10.94 billion peak seen last July, when XRP hit its all-time high of $3.66.
Technical picture: a tepid bounce
The price action looks less impressive on the charts. XRP is trading below all three key moving averages: the 50-day EMA at $1.41, the 100-day EMA at $1.51, and the 200-day EMA at $1.74. The Relative Strength Index sits at 60, which points to mild bullish pressure but nothing aggressive. The MACD histogram is contracting from negative territory, suggesting bearish momentum is fading — though that doesn't yet guarantee a breakout. Immediate support sits at $1.39, with a firmer floor near the monthly open at $1.37. On the upside, resistance is tight at the 100-day EMA of $1.51, and then the 200-day EMA at $1.74.
Macro headwinds linger
The Crypto Fear & Greed Index climbed to 50 on Tuesday from 40 a day earlier, flipping from fear to neutral territory. That shift mirrors a slight improvement in risk appetite across crypto markets, but the backdrop remains shaky. Renewed tensions in the Middle East and fresh pressure on the US–Iran ceasefire are keeping macro uncertainty elevated. For a token like XRP that has historically moved on regulatory news and ETF flows rather than pure macro, the geopolitics add an uncomfortable layer.
What to watch
The near-term path hinges on whether XRP can reclaim the 50-day EMA — currently a hair above the spot price — and then mount a challenge of the 100-day EMA near $1.51. If ETF inflows continue at this week's pace, that could provide the buy-side pressure needed. If not, the $1.39 support level becomes the line in the sand. No major catalyst is visible on the calendar, so price action may drift until the next batch of weekly ETF data arrives or a macro headline forces a move.
