
Ripple (XRP) holds slightly above $1.30 on Monday, with short-term recovery prospects fading. Strong structural resistance toward $1.40 continues to cap upside, raising the risk of further downside below $1.30.

Appetite for digital assets, as in recent weeks, has taken a back seat, as reflected in the crypto Fear & Greed Index at 59 in the Greed territory, up from 53 in the Neutral range the previous day. Broadly, the index has declined from last month’s 71 average, undermining investor risk-on sentiment.

News last week that inflation in the United States (US) continued to accelerate in September compared to August spooked many investors, prompting possible reassessment of portfolios and risk exposure. US-listed spot Exchange-Traded Funds (ETFs) recorded net $1.8 million in outflows last week, the first in 14 weeks, according to SoSoValue.
That said, this shift in flows alone is not enough to confirm a bearish trend. Therefore, this week’s outlook will provide more insight into the direction XRP spot ETFs will take. Moreover, cumulative inflows remain positive at $1.8 billion, with net assets under management at $1.5 billion.

The derivatives market mirrors the fading market sentiment, as perpetual futures Open Interest (OI) averages 2.17 billion XRP on Monday, down from 2.34 billion on October 1. Although gradual, the steady softening in retail demand indicates less tailwind to sustain the recovery. In other words, traders increasingly lack confidence in XRP’s outlook, with many closing positions as OI drops.

XRP trades above $1.30, extending a bearish near‑term tone as price holds beneath the key Exponential Moving Averages (EMAs). The 100‑day EMA at $1.34 is the first cap overhead, while the 200‑day EMA and the 50‑day EMA at $1.38 form a dense resistance band higher up, reinforcing a market that remains pressured below its medium‑term trend gauges.
Momentum indicators echo this stance, with the Relative Strength Index (RSI) hovering near 37 and Moving Average Convergence Divergence (MACD) in negative territory, suggesting lingering downside risk despite a lack of clear structural support levels from the current tool set.

Immediate resistance lies at the 100‑day EMA around $1.34, where a daily close above would be needed to ease the current bearish pressure. Further north, the overlapping 200‑day EMA and the 50‑day EMA at $1.38 define a stronger supply zone, while the SuperTrend line at $1.47 marks a more distant bullish recovery hurdle. As long as XRP trades below this stack of resistance levels, rallies are likely to face selling interest and the broader downside bias remains intact.
(The technical analysis of this story was written with the help of an AI tool. Know more.)
An Exchange-Traded Fund (ETF) is an investment vehicle or an index that tracks the price of an underlying asset. ETFs can not only track a single asset, but a group of assets and sectors. For example, a Bitcoin ETF tracks Bitcoin’s price. ETF is a tool used by investors to gain exposure to a certain asset.
Yes. The first Bitcoin futures ETF in the US was approved by the US Securities & Exchange Commission in October 2021. A total of seven Bitcoin futures ETFs have been approved, with more than 20 still waiting for the regulator’s permission. The SEC says that the cryptocurrency industry is new and subject to manipulation, which is why it has been delaying crypto-related futures ETFs for the last few years.
Yes. The SEC approved in January 2024 the listing and trading of several Bitcoin spot Exchange-Traded Funds, opening the door to institutional capital and mainstream investors to trade the main crypto currency. The decision was hailed by the industry as a game changer.
The main advantage of crypto ETFs is the possibility of gaining exposure to a cryptocurrency without ownership, reducing the risk and cost of holding the asset. Other pros are a lower learning curve and higher security for investors since ETFs take charge of securing the underlying asset holdings. As for the main drawbacks, the main one is that as an investor you can’t have direct ownership of the asset, or, as they say in crypto, “not your keys, not your coins.” Other disadvantages are higher costs associated with holding crypto since ETFs charge fees for active management. Finally, even though investing in ETFs reduces the risk of holding an asset, price swings in the underlying cryptocurrency are likely to be reflected in the investment vehicle too.