Investors added $3.87 million to XRP exchange-traded funds (ETFs), bringing the total value of those funds to $1.4 billion. XRP’s price is currently holding steady around $1.40, with a potential price increase facing resistance near $1.74.
Investors in XRP exchange-traded funds (ETFs) purchased an additional $3.87 million in XRP, increasing the total value of assets held by these ETFs to $1.4 billion.
The fresh inflow comes as XRP trades near $1.40, close to a key support area on the daily chart.
XRP ETF Demand Adds to Market Focus
Investors put $3.87 million into XRP ETFs recently, bringing the total value of those ETFs to $1.4 billion.
The update drew attention because XRP remains under pressure on higher time frames.
Despite the ongoing weakness in the immediate price of the asset, demand for ETFs continues to indicate sustained investor interest through established, regulated investment options.
Investors purchased $3.87 million worth of the ETF, increasing its total net assets to $1.4 billion.
— Whale Insider (@WhaleInsider)
Just because a large purchase happened doesn’t automatically mean the price chart is changing direction. But as an investor, I’m paying attention – it’s another piece of evidence suggesting institutions are interested and that XRP is becoming more readily available to trade.
Investors often watch how much money flows into and out of XRP exchange-traded funds (ETFs) because this indicates demand beyond what’s happening on cryptocurrency exchanges. It’s a way to get a sense of overall interest in XRP investment products.
XRP Price Holds Near Key Support
XRP was recently trading around $1.40, which is near a key support level between $1.36 and $1.40. This support zone could prevent further price drops.
This price level has recently prevented further declines. If the price falls below $1.36 at the end of a trading day, it could signal a weakening trend.
XRP is approaching its first significant hurdle around $1.74. This price point aligns with a key Fibonacci retracement level, suggesting a potential area where the price might face some pushback.
The price is facing further resistance at $2.05, $2.26, $2.47, $2.73, and $3.15. A stronger resistance area lies between $2.73 and $3.15.
The price chart continues to indicate a downward trend, starting from previous highs between $3.15 and $3.50. Since then, XRP has consistently made lower highs and lower lows.
In my analysis, the MACD is currently hovering near the zero line. This suggests that while the previous downward pressure is easing, we’re not yet seeing a strong surge in buying activity.
The RSI is near 51, which is neutral. A move above 60 to 65 would show stronger buyer activity.
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Trader Positioning Shows Long Bias
Recent trading data for XRP indicates that more traders are currently betting on its price increasing. On the Binance exchange, for every short position, there are 2.252 long positions.
On OKX, XRP traders held more long positions than short positions, with a ratio of 2.56. Similarly, the most active traders on Binance also favored long positions, with a ratio of 2.5186.
Data from Binance showed that top traders had a ratio of 1.5147, indicating they were more bullish than bearish – they held more positions betting on prices going up (long exposure) than positions betting on prices going down (short exposure).
If the ratio is greater than one, it indicates that more traders are holding long positions than short positions. This generally suggests optimism among traders about a potential price increase.
If a lot of traders are betting on XRP going up, a drop below $1.36 could cause problems. A break below that level might trigger a wave of sell-offs, pushing the price even lower.
XRP’s performance has been inconsistent lately. While it’s seen a gain of 6.61% in the last month, it has decreased by 10.91% over the past three months.
The token’s value has significantly decreased, dropping over 40% in the last six months and 35% over the past year, indicating a continuing downward trend.
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2026-05-05 15:00