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Key takeaways XRP continues to consolidate around the $1.10 mark. The bulls are holding the price above the $1.05 support level. Ripple’s XRP is trading lower on Thursday, staying around…
Key takeaways
Ripple’s XRP is trading lower on Thursday, staying around $1.10 as the token attempted to reverse a downtrend that has persisted since mid-May.
The downtrend comes as institutional demand for XRP-linked investment products continues to strengthen, even as retail traders remain cautious amid ongoing geopolitical tensions.
Risk sentiment remains fragile as tensions between the United States and Iran continue to escalate.
Recent developments have included renewed military exchanges between the two nations, with US President Donald Trump stating that Iran has been slow to agree to a peace deal. Following those remarks, the US military conducted additional strikes that it described as defensive actions.
Iran’s Islamic Revolutionary Guard Corps (IRGC) subsequently launched attacks targeting US military facilities in Kuwait, Bahrain, and Jordan.
The uncertainty has contributed to volatility across financial and cryptocurrency markets, limiting investor risk appetite.
Despite the uncertain macro environment, institutional investors continue to add exposure to XRP.
Data from CoinGlass shows that XRP spot ETFs attracted nearly $1.2 million in net inflows on Wednesday, following approximately $7.44 million in inflows on Tuesday.
According to CoinGlass data, XRP futures Open Interest (OI) stood at approximately $2.43 billion on Thursday.
A falling Open Interest environment typically signals reduced speculative activity and limited conviction among short-term market participants.
XRP is currently trading around $1.10, but the broader technical picture remains bearish.
The token continues to trade below several major trend indicators. Remaining below all three moving averages suggests that the longer-term downtrend remains intact.
Technical momentum indicators suggest selling pressure is easing, but not yet reversing.
The RSI is hovering near 44, indicating weak demand while remaining just above oversold territory.
The Moving Average Convergence Divergence (MACD) histogram remains in negative territory, signaling that bearish momentum continues to dominate despite the recent bounce.
If the bulls regain control, XRP could surge towards the 50-day EMA at $1.30, with additional hurdles at $1.40 and $1.61.
A break above $1.26 would be the first sign that bullish momentum is beginning to strengthen.
However, if the bearish trend persists, XRP could retest the $1.05 support level before dropping below $1.0 to test lower demand zones at $0.95

XRP’s latest rebound is being supported by steady ETF inflows and growing institutional interest. However, declining futures activity, persistent geopolitical uncertainty, and a bearish technical structure suggest that the recovery remains tentative.
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