XRP holds above $1.40 as XRP ETF inflows return

Published: 2026-05-05 14:51:36 |

XRP is trading just above $1.40 as XRP ETF inflows resume and market sentiment steadies. On Monday, US-listed XRP spot ETFs recorded modest inflows of $3.87 million, lifting cumulative inflows to $1.29 billion. Total assets under management are about $1.07 billion, supporting a cautious bullish medium-term view. Derivatives activity remains restrained. XRP perpetual futures open interest rose slightly to $2.60 billion from $2.50 billion, but it is far below the July peak of $10.94 billion. This suggests weaker retail leverage and a rally that may need fresh demand to extend. Technically, XRP/USD on the 4-hour chart is still capped: price is below the 50-day EMA near $1.41, and under the 100-day and 200-day EMAs at $1.51 and $1.74. RSI is around 60 (mild bullish pressure), while a contracting negative MACD histogram hints bearish momentum is fading. Traders are watching for a daily close above $1.51 to flip sentiment, with support at $1.39 and the monthly open near $1.37.

Neutral

The news is mildly constructive but not strong enough to justify a clear bull/bear call. XRP ETF inflows are the primary positive catalyst: resumed spot demand (US inflows $3.87m; cumulative $1.29b) tends to stabilize price and can attract momentum buyers over days to weeks. However, derivatives data is the main caution flag. Perpetuals open interest is only slightly higher and still far below the July peak, implying leverage and retail participation have not returned. In past cycles, this pattern often leads to sideways trading or slow grind-ups rather than a breakout—unless ETF flows accelerate and OI climbs meaningfully. Technically, XRP remains under major moving averages (100-day/200-day EMA area near $1.51/$1.74). Without a daily close above $1.51, rallies may fade. Downside support near $1.39 and $1.37 limits risk in the short term, keeping the overall stance neutral. Longer-term, sustained ETF inflow would improve the odds of a higher-range trend, but traders should still wait for confirmation from price (daily close) and participation (OI/volume).