Can XRP hold $0.9995 support after ETF inflow slowdown?

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XRP slips 0.49% as ETF flows plunge

Highlights

Ripple moved $50.5 million in XRP to an unknown wallet, creating uncertainty about the transaction's intent and potential market effects.
XRP ETF inflows dropped 93%, reducing institutional demand, as Morgan Stanley reported new holdings in three XRP-related ETFs.
XRP trades in a mid-range pattern with indicators mixed; price is likely to consolidate between $0.9907 and $1.0183 over the next 2 to 3 days.

Uncertain outlook as large transfer and ETF outflows roil sentiment

Ripple’s recent transfer of $50.5 million in XRP to an unidentified wallet introduces immediate uncertainty about the motivation and potential market impact of such a large asset movement. ETF inflows for XRP have collapsed by 93%, indicating a sharp reduction in institutional investment demand, according to Crypto. Meanwhile, Morgan Stanley disclosed new holdings in three XRP exchange traded funds via an SEC filing, as reported by Blockonomi, while the SEC’s postponement of its August 14 meeting on proposed crypto offering rules adds another layer of near-term regulatory uncertainty for XRP.

Mixed momentum as bullish buyers meet medium-term resistance

XRP trades above the MA-20 at $1.0015, with the MA-50 at $1.0061 and the MA-200 at $1.2979 acting as overhead resistance. The Ichimoku Kijun sits at $0.9995, providing immediate support. Momentum signals diverge: MACD issues a strong sell, while ADX reflects a neutral trend; RSI is in buy territory, but Stochastic RSI and CCI both show overbought conditions. Bull/Bear Power suggests buyers are active intraday, but the Awesome Oscillator does not confirm a clear direction.

Sideways bias favored as downside risk outweighs upside odds

Over the next two to three trading days, XRP is expected to remain within a typical volatility band between $0.9907 and $1.0183. The baseline scenario anticipates sideways consolidation, with a 40% likelihood of an upward move and a greater probability for downward price action. If bullish momentum emerges, a break above resistance could extend short-term gains; conversely, a drop below immediate support at the Ichimoku Kijun would open the way to further declines.

Viktoras Karapetjanc, Traders Union analyst, sees a stable but cautious backdrop for XRP in the near term. He notes that large asset transfers by Ripple and a sharp drop in ETF inflows signal mixed institutional sentiment, yet ongoing interest from entities like Morgan Stanley points to underlying support. Macro and regulatory factors, particularly the delayed SEC decision, still add uncertainty. The expert believes the asset remains technically constructive above support, but upside is restrained by unresolved macro risks. "If XRP can hold above immediate support despite hesitant inflows, constructive momentum could build once regulatory clarity improves."

Earlier, analysts noted that XRP faced persistent bearish pressure amid weakening technical signals and shifting institutional activity. The current analysis reinforces this downside bias, emphasizing that traders should monitor for a potential breakdown below the Ichimoku Kijun support, which could accelerate further declines.

Source of Data: XRP Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.