XRP Falls to $1.32 as ETF Inflows Reach $1.68B
XRP fell to about $1.32-$1.34 after its 72% August rally stalled at $1.70. Profit-taking, weaker risk appetite and renewed US-Iran tensions are weighing on the wider cryptocurrency market. The Crypto Fear & Greed Index eased to 71 from 74, signalling slightly more cautious sentiment.
Despite the decline, spot XRP ETF demand remains strong. ETFs recorded $14.38 million in net inflows on Tuesday, extending the inflow streak to 11 trading days. Cumulative inflows reached $1.68 billion, while total net assets stood at about $1.44 billion. This demand may be absorbing some selling pressure and could support XRP if broader market sentiment improves.
XRP is trading below its 200-day exponential moving average near $1.35 and a descending resistance line around $1.40. The four-hour RSI is near 40 and MACD has turned negative, pointing to fading momentum and continued short-term corrective risk. Immediate resistance is at $1.35, followed by $1.40. Support is concentrated near the 50-day and 100-day EMAs around $1.22. A daily close below that zone could signal a deeper sell-off.
For traders, XRP remains technically vulnerable unless it reclaims $1.35 and then $1.40. Short-term rallies may attract selling, while persistent ETF inflows provide a potential bullish counter-signal. The article’s trading setups favour buying near the $1.30-$1.22 support zone only with confirmation, or shorting rallies towards $1.35-$1.40.
Bearish
The near-term market impact is bearish because XRP has fallen below its 200-day EMA near $1.35, while RSI around 40 and negative MACD indicate weakening momentum. Geopolitical risk and a decline in the Fear & Greed Index could also encourage traders to reduce leverage and sell rallies. The $1.35-$1.40 area is therefore an important resistance zone; failure to reclaim it may keep short-term pressure elevated. A break below the $1.22 support formed by the 50-day and 100-day EMAs could accelerate liquidations and deepen the correction.
However, the bearish classification is not conclusive for the longer term. Eleven consecutive days of spot XRP ETF inflows, including $14.38 million in the latest session and $1.68 billion cumulatively, show sustained institutional demand. Similar to other crypto corrections after sharp rallies, persistent fund inflows can cushion declines but do not always prevent price weakness when macro risk and profit-taking dominate. If inflows continue and XRP recovers $1.35 and $1.40, short sellers could cover positions and trigger a rebound. Until that confirmation appears, the combination of negative technical signals, macro uncertainty and fading derivatives activity favours a cautious or sell-the-rally approach.