Key takeaways
- XRP slipped below $1.50 as renewed Middle East tensions weakened broader crypto sentiment.
- XRP investment products saw nearly $40 million in inflows last week, while futures open interest climbed to $2.87 billion.
XRP tests key $1.45 support despite strong ETF and futures inflows
Ripple’s XRP retreated from highs near $1.50 and hovered around $1.46 on Monday as renewed geopolitical tensions in the Middle East pressured broader crypto markets and cooled recent bullish momentum.
The pullback followed comments from US President Donald Trump, who reportedly rejected Iran’s latest proposal aimed at ending the ongoing conflict in the region, calling the offer “totally unacceptable.”
The proposal included conditions tied to Iran’s sovereignty over the Strait of Hormuz alongside demands for compensation related to war damages.
Iranian Foreign Ministry spokesperson Esmail Baghaei defended the proposal, describing it as “reasonable” and “generous” for both Iran’s national interests and regional stability.
The renewed uncertainty rattled risk assets, including cryptocurrencies, which had recently rallied on hopes of a lasting ceasefire agreement between the US and Iran. XRP is up by less than 1% today as traders reassessed the broader macro outlook.
Despite the market weakness, capital inflows into XRP investment products remained resilient last week.
According to CoinShares, XRP-related digital investment products attracted nearly $40 million in inflows, with total assets under management averaging $2.5 billion, ranking fourth among crypto investment products.
Spot XRP exchange-traded funds (ETFs) accounted for approximately $34 million of those inflows, while cumulative ETF inflows climbed to $1.32 billion. Net ETF assets under management currently stand at around $1.12 billion, according to CoinGlass data.
Meanwhile, derivatives activity suggests retail traders continue positioning for further upside. XRP futures Open Interest (OI) surged to $2.95 billion from $2.65 billion a day earlier, indicating growing participation and investor conviction despite the recent pullback.
XRP technical outlook: bulls defend key EMA support zone
The XRP/USD 4-hour chart remains bullish as Ripple continues to trade above key levels. XRP is currently trading above the 50, 100, and 200 Exponential Moving Averages (EMAs) on the 4-hour chart clustered between $1.40 and $1.42, reinforcing a constructive short-term bias.
However, the $1.50 area remains a major resistance barrier after acting as a double-top ceiling during the recent rally.
Momentum indicators suggest bullish momentum is cooling rather than reversing entirely. The Relative Strength Index (RSI) remains in the high-50s, while the Money Flow Index (MFI) has eased from overbought territory, signaling a pause in buying pressure.
If the selloff persists, XRP could encounter a support level near the 50 EMA around $1.42, followed by stronger support around the 100 EMA at $1.41 and the 200 EMA near $1.40.
However, if the bulls regain control and XRP’s daily candle closes above the $1.50 resistance zone, it could pave the way for a more extended bullish move in the sessions ahead.
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