XRP Stalled at $1.50 Resistance, Spot ETF Struggles Alone

▲ XRP ETF/ChatGPT-generated image ©

As XRP (Ripple) struggles below the $1.50 resistance level, inflows into spot ETFs remain positive but have slowed sharply, placing the market at a critical crossroads where defending the key $1.26 support level could determine its next major direction.

According to Trading News on February 22 (local time), XRP is currently trading around $1.44, trapped between the strong $1.50 resistance and a key supply zone between $1.259 and $1.26, where 159 million tokens are concentrated. If the $1.26 support collapses, the market could face a chain reaction of forced liquidations and ETF outflows, potentially driving prices down through $1.162 to as low as $1.024.

Bitwise’s spot XRP ETF, which has emerged as a key gateway for institutional investors, attracted $2,521,280 in a single day—equivalent to 0.96% of its assets under management—bringing its total AUM to $262,055,540. The Nasdaq-listed XRPI spot ETF is trading at $8.10, while Rex-Osprey’s XRPR is priced at $11.65, supporting institutional inflows within a regulated framework. However, total weekly spot ETF inflows have plunged 95% in three weeks, shrinking from $36.04 million to $1.84 million, signaling a sharp cooling in bullish conviction.

From a technical perspective, XRP has broken below its weekly Volume Weighted Average Price (VWAP), while a hidden bearish divergence has emerged as price forms lower highs and the Relative Strength Index (RSI) posts higher highs, warning of further downside risk. Nevertheless, despite the price decline, the Money Flow Index (MFI) has continued to rise, indicating persistent dip-buying. A breakout above the $1.379 and $1.439 resistance levels in the short term could invalidate the current downtrend.

Furthermore, the final outcome of the legal dispute with the U.S. Securities and Exchange Commission (SEC) and the successful establishment of RLUSD, a native stablecoin designed to provide liquidity on the XRP Ledger (XRPL), are expected to serve as key variables influencing future price movements.

The outlet assessed that XRP is currently in a speculative buying zone, with $1.26 serving as an absolute stop-loss level. It added that a genuine transition to a bullish market could only be expected once XRP successfully reclaims the $1.67 level and spot ETF inflows regain momentum.

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