Key Insights
Ripple’s XRP traded near $1.41 on Thursday after retreating from Wednesday’s weekly high around $1.46, as broader crypto weakness pressured major digital assets. Bitcoin also pulled back toward $80,000 after briefly climbing to a three-month peak near $82,850, reinforcing cautious sentiment across the market.
Despite the price decline, institutional and retail investors continued increasing exposure to XRP through spot exchange-traded funds listed in the United States. Data from SoSoValue showed XRP ETFs attracted $3.87 million in inflows on Monday, followed by $11.28 million on Tuesday and another $13.03 million on Wednesday.
Cumulative ETF inflows now average nearly $1.32 billion, while assets under management remain around $1.11 billion. Besides growing fund activity, the Crypto Fear and Greed Index improved slightly to 47 on Thursday from 46 a day earlier, reflecting stable investor confidence during the latest market correction.
The derivatives market also recorded moderate improvement as futures open interest increased to $2.61 billion from $2.59 billion within twenty-four hours. However, current participation still remains significantly below the July peak near $10.94 billion, reached when XRP surged to its record high around $3.66.
XRP continued trading slightly above the 50-day exponential moving average, positioned near $1.41, offering immediate support after the recent decline. Meanwhile, the 100-day and 200-day moving averages at $1.50 and $1.74 continued limiting broader upside momentum and maintained pressure on the long-term trend.
Source: Trading View
The Relative Strength Index hovered near 52 on the daily chart, signaling balanced momentum after the recent pullback. Additionally, the Moving Average Convergence Divergence histogram moved slightly above the zero line, indicating improving buying pressure even though traders still faced resistance near the descending trendline around $1.45.
Market participants continue watching the $1.41 support zone closely as XRP attempts to stabilize above short-term technical levels. Consequently, a daily close below the 50-day moving average could expose the token to deeper losses and weaken the improving momentum currently visible across the market.
Analysts noted that XRP continued moving in line with wider crypto market trends as traders reacted to profit-taking after recent gains. Moreover, ETF demand and improving derivatives activity helped prevent sharper declines. The token maintained a narrow range while investors monitored movements across Bitcoin and large alternative cryptocurrencies through Thursday.
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