Ripple's XRP has staged a modest recovery, trading near $1.15 on Tuesday, up approximately 1% over the past 24 hours. The uptick comes as risk appetite shows tentative signs of returning to the cryptocurrency market, though the broader trend remains under bearish control.
The rebound occurs against a backdrop of muted institutional flows. Data from CoinGlass indicates that XRP exchange-traded funds (ETFs) recorded no inflows on Monday, following a week that saw net inflows of $2.62 million through Friday. This marked the fifth consecutive week of positive flows, bringing cumulative inflows to roughly $1.43 billion and total net assets to approximately $928 million. The sustained inflow trend suggests that long-term investors remain engaged despite ongoing market volatility.
In the derivatives market, XRP perpetual futures open interest (OI) climbed to about $2.44 billion on Tuesday, up from $2.28 billion. This increase signals a gradual return of retail traders adding exposure amid elevated uncertainty. While the rise is modest, it indicates growing speculative interest that could provide short-term support if broader conditions stabilize.
Most cryptocurrencies remain under pressure following a brief weekend recovery, with investors closely monitoring escalating geopolitical tensions in the Middle East. The cautious sentiment has kept many digital assets range-bound.
Technical Analysis: Bears Still in Control
The XRP/USD 4-hour chart paints a bearish picture. XRP has lost 8% of its value over the past seven days and currently trades at $1.15, below the 50-day exponential moving average (EMA) at $1.33, the 100-day EMA at $1.41, and the 200-day EMA at $1.63. These levels act as significant resistance.
Momentum indicators, however, show some improvement. The Relative Strength Index (RSI) sits at 51 on the 4-hour chart, above the neutral zone, while the Moving Average Convergence Divergence (MACD) histogram is approaching the zero line, highlighting growing bullish momentum. Together, these signals suggest that sellers still dominate the broader trend, but buyers are wrestling for control.
If the recovery persists, immediate resistance lies at $1.26, followed by a major barrier at $1.33. A daily close above $1.33 could allow XRP to extend its rally toward the 200-day EMA at $1.63. A breakout above these levels would be required to improve the medium-term outlook and challenge the prevailing bearish structure.
Conversely, if the bearish trend resumes, XRP could revisit support around $1.05. A break below that level would place the psychologically important $1.00 support zone under renewed threat. For more on recent XRP price action, see our analysis of the XRP sell-off and the critical $1 support level.
Outlook: Cautious Optimism Amid Resistance
While rising futures activity and continued ETF inflows indicate improving investor interest, XRP remains trapped beneath multiple resistance barriers. Unless market sentiment improves and buyers reclaim key technical levels, XRP's broader trend is likely to remain bearish despite the current rebound. For context on broader market dynamics, see our coverage of Ethereum's bounce from $1,700 and tepid demand.
Investors should monitor the $1.26 and $1.33 resistance levels closely. A decisive break above these could signal a shift in momentum, while a failure to hold current support may accelerate selling pressure. As always, geopolitical developments and macroeconomic data will continue to influence risk appetite across crypto markets.
This article is for informational purposes only and does not constitute financial advice.
