$XRP Price Holds Steady at $1.35 Despite ETF Inflows and Derivatives Decline

The price of XRP has held steady at $1.35 as ETF inflows reached $110 million, but a decline in derivatives and leveraged traders has offset this momentum.

$XRP's price had fallen by about 7% over the past seven days from its peak of around $1.48 to trade near $1.36 on August 31. This pullback followed an August rally that saw XRP gain more than 30% and briefly reach $1.70 before sellers rejected the move.

The Supertrend indicator remained bullish at $1.341, but the Awesome Oscillator registered a negative reading of -0.0364, indicating bearish momentum. A decision point has been reached with a confirmed close below $1.34-$1.35 potentially weakening the remaining bullish structure.