NEAR is testing a make-or-break support confluence near $4.30, where the 0.382 Fibonacci retracement of its August-to-October advance meets the rising 50-day EMA at $4.286. The token recovered to roughly $4.59 on Sunday after buyers defended the zone twice previously, on October 8 and October 24. The downside marker is significant: a decisive daily close below $4.29 would expose the 0.5 retracement near $3.769 and then the 0.618 level at $3.242.
Bitwise’s spot NEAR ETF, trading as NRR on NYSE Arca, has now posted four consecutive positive weeks with total net inflows of about $88.3 million since its September 29 launch. But momentum is fading: weekly inflows fell from roughly $58 million in the partial first week to only about $5.2 million in the week ending October 23. The fund held about 17.56 million NEAR on October 22, equal to roughly 1.32% of circulating supply. Bitwise’s flow tracker estimates the average creation cost near $5.01, leaving that aggregate position about 8% underwater at the current price. The trust stakes all of its NEAR, with a disclosed gross annualized net staking rate of 4.94% and a 0.75% sponsor fee.
For XRP, the token entered Fed week around $1.30 after touching $1.3148, showing resilience while bitcoin briefly fell below $80,000. U.S. spot XRP ETFs attracted about $4.25 million in net inflows in the week ending October 23, concentrated in Franklin Templeton’s XRPZ, but that follows the first weekly outflow in 14 weeks. Since launch, cumulative net inflows are approximately $1.80 billion while the funds’ current asset value is only about $1.48 billion, leaving a $322 million gap that reflects price erosion.
The Federal Reserve’s October 27-28 meeting is the central macro test. Economists widely expect the central bank to hold rates at 3.75%-4.00%, but guidance about December will be crucial. A patient message could give XRP room to retest $1.40-$1.42, while hawkish signals may push it toward $1.25. Separately, the XRP Ledger’s fixCleanup3_4_0 amendment is now expected to activate November 4 after validator support recovered to about 91%, and Franklin Templeton has expanded tokenized money-market shares on the ledger to about $200 million.
