XRP News Today: XRP Holds Above $1.47 as ETF Outflows Weigh on Recovery

Retail Demand Lifts XRP While Key Resistance Limits Upside
XRP News Today: XRP Holds Above $1.47 as ETF Outflows Weigh on Recovery
Written By:
Yusuf Islam
Reviewed By:
Manisha Sharma
Published on

XRP traded above $1.47 on Monday as the broader crypto market moved higher despite the war in the Middle East. Retail interest improved, yet institutional investors continued to pull money from XRP-linked investment products. This split left the token supported by market momentum but still exposed to weak sentiment and firm resistance above current levels.

The market mood improved at the beginning of the week. The Fear & Greed Index rose to 23 on Monday from 15 a day earlier and 8 last week. However, the reading remained in extreme fear, showing that caution still shaped trading decisions.

At the same time, XRP spot exchange-traded funds posted a second straight week of outflows. The funds lost $28 million, up from $4 million in the previous week ending March 6. Cumulative inflows stood at $1.21 billion, while net assets under management reached $984 million.

Retail Activity Climbs as Institutional Demand Softens

Retail traders showed a growing appetite for risk as crypto prices recovered across the market. XRP appeared to benefit from this shift, with gains holding as investors returned to digital assets.

However, institutional demand weakened. The continued outflows from XRP investment products pointed to caution among larger players. Weak sentiment and macroeconomic uncertainty tied to the Middle East conflict remained part of the backdrop.

Those pressures may continue to limit momentum. Although sentiment improved, the market did not fully leave fear territory. As a result, XRP’s recovery still faced a fragile foundation.

Chart Pattern Revives Breakout Debate

A longer-term fractal analysis compared XRP’s 2024 - 2026 cycle with its 2017- 2018 structure. The recent decline from the $3.65 all-time high resembled a past setup that preceded a firm bottom and a sharp rebound.

The weekly chart showed a similar pattern. XRP’s drop to $1.10 mirrored a lower trendline retest seen in 2017, when the token bottomed near $0.12 before moving sharply higher.

Crypto analyst Javon said the current cycle could unfold in a similar way. He noted that the recent decline may be a temporary correction before a larger move higher. 

XRP consolidated inside a symmetrical triangle in 2017 before breaking above the upper trendline. This move led to a 1,577% rally. For a similar setup to gain confirmation now, bulls would need to push the price above the $1.78 to $2.30 resistance zone.

Also Read: Ethereum Price Analysis: Will ETH Finally Secure the $2K Breakout?

On-Chain Data Shows Accumulation but Resistance Remains

This resistance zone carries added technical weight. The triangle’s upper boundary sits near $2, while the 100-week simple moving average and the 50-day simple moving average also cluster around the same region.

On-chain data showed more pressure above current prices. XRP’s UTXO Realized Price Distribution indicated that about 3.6% of the circulating supply stood near $2, with another 3.15% near $1.80. Together, those levels formed a dense supply band.

Meanwhile, CryptoQuant data showed XRP’s daily deposit and withdrawal transaction delta across 15 major exchanges had fallen to historic lows. Analyst Amr Taha said this kind of drop usually means investors are moving tokens off exchanges and into external wallets.

This trend often points to accumulation and longer-term confidence. XRP-linked spot ETFs have also gathered about $1.4 billion in assets since launch, even as short-term trading activity cooled. Outflows have started to ease, while Goldman Sachs emerged as the largest holder. Ripple also moved ahead with a $750 million share buyback program that valued the company at $50 billion.

XRP: Future Outlook

XRP price held above $1.47 as retail demand improved, even while ETF outflows and extreme fear continued to limit momentum. Technical patterns and on-chain data pointed to accumulation, but XRP still faces strong resistance near $1.80 to $2.30. Traders will likely watch this zone closely before making any future financial decisions. 

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