Key takeaways
- XRP extended its corrections Thursday after three consecutive days of losses.
- CoinGlass showed negative funding rates for XRP, while its long-to-short ratios offered mixed signals.
- Reports of preparations for possible U.S. strikes against Iran introduced further uncertainty.
XRP remained under pressure Thursday as weaker derivatives signals and difficult macroeconomic conditions limited buying interest.
The asset extended its corrections following three consecutive losing sessions. XRP traded around $1.422, bringing its weekly decline to more than 6%.
Negative funding rates pointed to bearish pressure in perpetual futures, while elevated U.S. Treasury yields, dollar strength, and geopolitical concerns weighed on broader sentiment.
XRP derivatives show mixed positioning
CoinGlass’ XRP long-to-short ratio stood at 0.88 Thursday, indicating a slight tilt toward short positioning within the tracked dataset.
Funding rates were more consistently negative. After flipping below zero Wednesday, XRP’s rate stood at -0.0022% on Thursday.
Negative funding means shorts pay longs and can indicate stronger demand for bearish perpetual positions. However, neither funding rates nor positioning ratios guarantee the direction of the next price move.
The U.S. Dollar Index stabilized around 102.24 Thursday after reaching an intraday high of 102.53 Monday, its strongest level since early April 2025, according to the report.
The U.S. 10-year Treasury yield held near 5.30% after touching approximately 5.35% Monday, described as a fresh two-decade high.
Higher yields increase the appeal of interest-bearing investments and can make conditions less supportive for speculative assets such as XRP and XLM.
Minutes from the September 15–16 Federal Open Market Committee meeting showed unanimous support for raising the federal funds rate target range, according to the supplied account.
Most officials also expected another increase would likely be appropriate before year-end to address persistent inflation. That outlook reinforced the pressure from elevated yields and a firm dollar.
Iran strike reports add geopolitical uncertainty
The report also cited preparations for potential renewed U.S. military operations against Iran.
The Pentagon reportedly instructed U.S. Central Command to complete preparations while President Donald Trump considered the timing of possible strikes.
These reports describe potential action rather than confirming that an attack has occurred. Nevertheless, uncertainty surrounding an escalation could encourage defensive positioning, support demand for the dollar, and reduce appetite for cryptocurrencies.
XRP price outlook: $1.400 support faces a test
Despite its weekly decline, XRP remained above its key daily exponential moving averages.
The 50-day EMA near $1.400 provides immediate support, closely followed by the 200-day EMA at $1.389. Below that cluster, the 100-day EMA stands at $1.336.
Holding these levels would preserve part of XRP’s constructive technical structure. Momentum, however, remained weak: the RSI hovered near 45, while the MACD was below zero.
A sustained break beneath nearby moving-average support would bring $1.336 and horizontal support at $1.300 into focus. The report identifies $1.000 as a more distant downside reference.
On the upside, the analysis places notable resistance at $1.671. A sustained break above that barrier would bring $1.900 into view.
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