XRP is trading near $1.12 with neutral momentum, as buyers defend key support at $1.10. Network activity is improving, with active addresses climbing to nearly 140,000. Meanwhile, spot XRP ETF inflows remained flat, leaving cumulative inflows at approximately $1.48 billion and total ETF assets near $1.01 billion. Open interest has recovered to roughly $2.4 billion after declining in June, signaling cautious but improving market sentiment. Renewed optimism around the proposed CLARITY Act has also supported sentiment, though the legislation has not yet passed.
XRP has remained range-bound as traders weigh improving derivatives data against the absence of fresh institutional buying. At press time, XRP is trading at $1.12, up 1.12% over the past 24 hours.
Technical indicators point to a stable market. The token is holding above the middle Bollinger Band at $1.0933, with the upper and lower bands at $1.1665 and $1.0201, respectively.
The Relative Strength Index has climbed to 51.62, indicating neutral momentum with a slight bullish bias. Buyers continue defending support, but XRP still needs a sustained move above $1.17 before bullish momentum can strengthen.
Market sentiment improved after crypto commentator Amonyx posted, “CONFIRMED: CLARITY Act is going to pass very soon.” The post also highlighted Senator Cynthia Lummis stating, “Financial freedom is an American value. Digital assets are its newest expression. Congress should be protecting that, not ignoring it.”
Although the legislation has not yet been passed, renewed discussion has raised expectations for clearer U.S. cryptocurrency regulation. Regulatory developments have historically influenced XRP sentiment.
According to data from SoSoValue, spot XRP ETF data showed no net inflows on July 14. Cumulative inflows remain at approximately $1.48 billion, with total ETF assets near $1.01 billion.
At the same time, CoinGlass data shows open interest has recovered to roughly $2.4 billion after declining in June. The recovery suggests traders are rebuilding positions, though the lack of fresh ETF demand indicates institutional investors remain cautious.
The technical picture remains balanced. Support is forming around $1.09–$1.10, with immediate resistance near $1.17.
A move above resistance could strengthen bullish momentum if accompanied by higher trading volume. Losing the middle Bollinger Band may expose XRP to another test of the $1.02 support level.
For now, improving derivatives activity and growing optimism around the CLARITY Act have supported market sentiment. Whether XRP can break out of its current range may depend on stronger institutional participation and further regulatory developments.
