Key takeaways
- XRP fell below $1.50 as renewed tensions in the Middle East dampened broader cryptocurrency sentiment.
- XRP investment products saw inflows of nearly $40 million last week, while futures open interest rose to $2.87 billion.
XRP tests key support at $1.45 despite strong ETF and futures inflows
Ripple’s XRP retreated from highs near $1.50 and hovering around $1.46 on Monday, as renewed geopolitical tensions in the Middle East pressured broader cryptocurrency markets and cooled recent bullish momentum.
This withdrawal came after comments from US President Donald Trump, who reportedly rejected the latest Iranian proposal aimed at ending the ongoing conflict in the region, describing the offer as “completely unacceptable.”
The proposal included conditions related to Iran’s sovereignty over the Strait of Hormuz, in addition to claims for compensation related to war damage.
Iranian Foreign Ministry spokesman Esmail Baghaei defended the proposal, calling it “reasonable” and “generous” for Iran’s national interests and regional stability.
The renewed uncertainty has rattled risk assets, including cryptocurrencies, which have recently surged on hopes of a permanent ceasefire agreement between the United States and Iran. XRP rose less than 1% today as traders reassessed the broader macro outlook.
Despite market weakness, capital flows into XRP investment products remained resilient last week.
According to CoinShares, XRP-related digital investment products have attracted nearly $40 million in flows, with an average total assets under management of $2.5 billion, ranking fourth among cryptocurrency investment products.
XRP exchange-traded funds (ETFs) accounted for nearly $34 million of those flows, while cumulative ETF flows rose to $1.32 billion. Net ETF assets under management currently stand at about $1.12 billion, according to Queen Glass Data.
Meanwhile, derivatives activity suggests that retail traders continue to position their positions for further upside. XRP futures open interest (OI) It rose to $2.95 billion from $2.65 billion the previous day, indicating growing participation and investor conviction despite the recent decline.
XRP Technical Outlook: Bulls are defending the key EMA support area
The 4-hour chart of XRP/USD 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 between $1.40 and $1.42, reinforcing the constructive bias in the short term.
However, the $1.50 area remains a major resistance barrier after acting as a double ceiling during the recent rally.
Momentum indicators indicate that upward momentum is slowing rather than completely reversing. The Relative Strength Index (RSI) remains in the high 50s, while the Money Flow Index (MFI) has retreated from overbought territory, indicating that buying pressures have paused.
If the sell-off continues, XRP could face a support level near the 50 EMA near $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 the daily candle for XRP closes above the $1.50 resistance zone, it could pave the way for a more extended upward move in the coming sessions.
