Ripple-linked token XRP traded around the $1.0 mark on Tuesday, holding within a broader bearish technical structure even as spot-market exchange-traded funds continued to receive fresh inflows. Price action remained choppy as institutional demand offered support, but weakening retail activity and risk-off crypto sentiment limited upside follow-through.
According to data cited by market trackers, investors remained cautious amid signals that speculative leverage is cooling, while separate reports of a Coldcard hardware wallet attack added another layer of uncertainty for parts of the crypto market.
Key takeaways
- XRP price: XRP was last around $1.0, maintaining a bearish chart posture despite roughly 1% gains over 24 hours.
- Catalyst: US spot XRP ETF inflows totaled $14.9 million net for the week through Friday, with Monday adding $1.15 million, supporting sentiment.
- Retail demand signal: Futures open interest fell 4.6% in the last 24 hours to $2.3 billion, pointing to reduced leveraged participation.
- Key technical levels: Resistance clusters near the $1.08–$1.10 moving-average area; near-term support sits around $1.06, with the $1.00 level at risk if selling accelerates.
- Implication: Institutional inflows may help stabilize the token, but without a renewed pickup in retail/speculative demand, rallies may struggle to reverse the larger downtrend.
What drove the market focus
The dominant positive driver for XRP sentiment has been continued buying through US spot exchange-traded funds. According to figures cited in the report, net inflows reached $14.9 million for the week through Friday, compared with $8.2 million in the prior week. The buying streak extended on Monday, when the funds attracted $1.15 million.
Despite the stronger inflows, broader participation signals remained mixed. The article pointed to retail pressure through derivatives positioning, citing CoinGlass data showing XRP futures open interest (OI) down 4.6% over the last 24 hours to $2.3 billion. It also noted OI had declined from $2.8 billion in late July, implying fading speculative appetite.
In addition to the flow and positioning data, crypto market commentary referenced a reported attack involving Coldcard hardware wallets. The report said attackers exploited a firmware vulnerability allegedly dormant since 2021, with holders collectively losing about 1,367 BTC valued around $89 million—a development that can weigh on confidence even if it does not directly impact spot ETF flows.
Market reaction and what it signals
On the day, XRP added about 1% over 24 hours, but the token remained below key trend markers on the 4-hour chart, suggesting that the rebound lacked technical confirmation. The report described XRP as trading under the 50-, 100-, and 200-period exponential moving averages, which are clustered in the $1.08 to $1.10 range. That cluster typically acts as a ceiling during bearish regimes, limiting the ability of price to sustain higher levels.
The technical indicators were not uniformly negative, however. The article stated the MACD histogram was marginally positive and the Relative Strength Index was hovering near 51, pointing to mildly improving momentum. Even so, the report emphasized that this improvement appeared insufficient to challenge the moving-average resistance zone.
XRP’s technical setup: levels traders are watching
According to the report’s technical read-through, if XRP’s rebound extends, the first area of resistance lies near the 50-period EMA around $1.08, followed by the 100-period EMA near $1.09. A more significant barrier is the 200-period EMA around $1.10; a break and hold above the moving-average cluster would be needed to improve the near-term outlook.
On the downside, the article identified $1.06 as immediate support, tied to a rising trendline that XRP had recently reclaimed. It warned that a decisive breakdown below the $1.05–$1.06 zone could intensify selling and pull the token back toward the $1.00 level.
The report also characterized price action as choppy, with no clear bullish or bearish edge, suggesting traders may wait for a cleaner trigger before committing more risk.
Bigger picture: flows vs. participation
The ETF inflow data provides one concrete tailwind, but the derivatives picture highlights an important constraint: when open interest declines, it often signals traders are reducing leverage exposure rather than pressing new positions. In this case, that combination—spot demand supporting sentiment alongside cooling futures participation—may help XRP hold key areas, but it also raises the odds that rallies stall under resistance unless speculative demand returns.
Investors will likely keep watching whether ongoing institutional buying can translate into technical follow-through above the $1.08–$1.10 moving-average cluster, or whether renewed selling forces XRP back toward $1.00. With crypto sentiment remaining fragile, the next catalyst could come from further ETF flow reports and any additional developments related to hardware-wallet security concerns.
Next to watch: weekly and daily spot XRP ETF flow updates, changes in futures open interest, and whether XRP can reclaim and hold above the $1.08–$1.10 resistance region. Any broader shifts in market risk appetite could also quickly alter the token’s technical path.
