"".

Header Ads

XRP Holds Below Key Levels as ETF Outflows Signal Growing Investor Caution

 

XRP Stalls Near $1.90 as ETF Outflows and Technical Signals Raise Caution

XRP traded in a narrow range this week as declining trading activity and record outflows from spot exchange-traded funds added pressure to the digital asset. The token has struggled to regain momentum, reflecting broader uncertainty across the cryptocurrency market.

XRP was last seen hovering around $1.91, a level it has defended for several sessions. Despite this stability, the price remains roughly 20 percent below its 2025 peak, underscoring the challenges facing the asset amid shifting investor sentiment.

ETF Outflows Mark a Turning Point

Investor caution became more evident after data showed that spot XRP exchange-traded funds recorded their largest weekly outflows since launch. More than $40 million exited the funds, marking the first week of net withdrawals since they were introduced late last year.

Although cumulative inflows remain above $1.2 billion, the sudden reversal suggests that some institutional investors are reducing exposure in the near term. Products managed by European issuers were among the most affected during the sell-off.

Stablecoin Growth Slows Despite New Exchange Listing

Additional pressure came from signs that Ripple’s U.S. dollar-pegged stablecoin has entered a period of slower growth. Its market value has held near $1.3 billion for several months, indicating a pause after earlier expansion.

That said, sentiment around the stablecoin remains mixed rather than decisively negative. A recent listing on a major global exchange has expanded access to millions of users, and upcoming cross-chain integrations could support renewed adoption later this year.

Broader Market Weakness Weighs on XRP

XRP’s performance has mirrored a wider pullback across digital assets. Bitcoin has slipped below recent highs, while Ethereum has fallen under key psychological levels. At the same time, traditional financial markets have drawn fresh capital, with U.S. equity indices trading near record territory.

Rising interest in stocks and precious metals has reduced short-term demand for cryptocurrencies, reinforcing a cautious, risk-off tone.

Technical Outlook Points to Downside Risk

From a technical perspective, XRP remains under pressure. Short-term charts show the price trading below key moving averages, a signal that sellers currently control momentum.

Market technicians are also monitoring a bearish continuation pattern that has formed during recent consolidation. If confirmed, the structure could open the door to a move toward the $1.77 support zone, a level last tested in December.

For now, XRP appears caught between weakening demand and long-term adoption hopes, with traders watching closely for a decisive break in either direction.

#XRP #Ripple #CryptoNews #XRPPrice #CryptoMarket #Bitcoin #Ethereum #ETFNews #DigitalAssets #Blockchain


No comments

Powered by Blogger.