XRP Stuck in Bearish Trend as Retail Demand Fades
XRP's price remains stuck below $1.00 as declining retail participation weighs on its technical outlook. Despite net inflows of $14.9 million into US spot XRP exchange-traded funds last week, total net assets declined slightly to $989 million.
The Crypto Fear & Greed Index stands at 36, indicating a 'Fear' territory market sentiment. If sentiment deteriorates further, XRP could struggle to sustain a recovery and may extend its decline below the psychologically important $1.00 level.
Increased institutional inflows into XRP ETFs could help regain momentum and support a short- to medium-term recovery. However, retail demand remains under pressure, as reflected in perpetual futures open interest, which has declined by 4.6% in the last 24 hours.