XRP Under Pressure as Retail Interest Weakens Despite ETF Inflows
XRP is trading near the $2.00 support level as selling pressure persists amid declining retail participation. Futures open interest has fallen to $4.15 billion, signaling reduced confidence among retail traders and increasing vulnerability to further downside.
Overall market sentiment remains cautious, with the Crypto Fear & Greed Index at 27, reflecting ongoing investor anxiety. Although sentiment briefly improved earlier in the week, the recovery lacked momentum, raising the risk of a deeper correction toward $1.77 if conditions fail to improve.
While retail demand weakens, institutional interest shows signs of recovery. XRP spot ETFs recorded nearly $9 million in inflows on Thursday after a brief period of outflows, suggesting continued optimism among institutional investors.
From a technical perspective, XRP remains capped below key resistance levels at $2.22 and $2.34, while momentum indicators point to fading bullish strength. However, a sustained break above these levels could open the door for a rally toward $3.00. Until then, XRP is likely to remain under pressure in a risk-averse market environment.
