Ripple’s XRP showed resilience by holding a key support level above $1.35 as broader market conditions remained uncertain. The asset attracted steady institutional inflows of $1.84 million into its ETFs last week, highlighting selective investor interest. However, a decisive breakout above the $1.73 resistance level remained elusive.
XRP maintained its position above the crucial $1.35 support level while other major cryptocurrencies exhibited hesitation. The weekly ETF inflows, amounting to $1.84 million, signaled renewed institutional interest in the asset.
This selective capital inflow suggested measured positioning ahead of potential catalysts. Technical analysis from TradingView indicated XRP had formed a double-bottom pattern near the $1.35 support region.
The Relative Strength Index (RSI) was lifting from oversold territory, reflecting returning strength in lower timeframes. The Moving Average Convergence Divergence (MACD) also printed positive histograms, indicating increasing buying pressure.
Data from SosoValue reinforced that institutional interest in XRP remained intact. Capital rotation into the asset contributed to a strengthening broader narrative for the token.
The sustained inflows and positive momentum signals were building cautiously beneath the surface. The next directional move depended on achieving a decisive breakout above the $1.73 resistance level.
Regulatory developments and technical resistance together will determine the trajectory of XRP’s recovery. Bulls are now facing a definitive test to see if the recovery accelerates or stalls.
