2 weeks ago
10
Key takeaways
- Ripple (XRP) tests support at $1.43 amid selling pressure from the $1.50 supply zone.
- Institutional ETF inflows rebound to $1.37B, while futures open interest rises to $3.09B, signaling cautious optimism.
Ripple (XRP) is grinding lower on Friday, testing key support at $1.43 after being capped by strong selling from the $1.50 supply range since Monday.
Despite the US Senate Banking Committee advancing the Digital Asset Market Clarity Act of 2025 (Clarity Act) on Thursday, overall market sentiment remains constrained amid a cautious recovery outlook.
XRP addresses in profit tick up
The proportion of XRP addresses with unrealized profit rose to approximately 65% on Thursday, up from 63% the previous day, coinciding with the token’s test of $1.50 resistance.
This reflects a modest increase in risk-on sentiment, though traders should remain wary of potential profit-taking in a fragile technical environment.
Institutional flows into XRP spot ETFs...
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