XRP is hovering near the $1.13–$1.14 resistance zone after recovering from a recent dip to $1.11. Despite bullish technical signals like a MACD crossover and RSI climbing to 48.99, the token has failed to sustain a breakout. At press time, XRP traded at $1.12, down 1.51% over 24 hours, with daily volume of $1.80 billion.
ETF flows provided a silver lining: XRP ETFs marked a ninth consecutive week of net inflows, adding $17.19 million. However, broader technicals remain bearish. XRP sits below every major exponential moving average (EMA), with the 20‑day EMA at $1.1136 acting as immediate resistance. The 50‑day, 100‑day, and 200‑day EMAs further reinforce the downtrend.
Derivatives data reflect cautious sentiment: open interest and leveraged positions have not picked up, while persistent outflows from spot exchanges suggest traders are reluctant to commit capital. Analysts note that unless bulls reclaim the $1.13–$1.14 band, selling pressure could intensify, while a decisive break above $1.15 would be needed to flip the short‑term outlook neutral.
