Ripple (XRP) is trading at around $1.40 on Tuesday, showing a slowdown despite high uncertainty.
The token, alongside the growing crypto market, has remained strong even as tensions in the Middle East continue and the US-Iran standoff faces challenges.
Fear appetite has stabilized in recent weeks, with the Crypto Fear & Greed Index rising to 50 from 40 the previous day, indicating a shift in sentiment to neutral.
An ETF replaces conservative expectations
Investor interest in XRP spot ETFs remains mixed but encouraging. Products listed in the US listed a few entries for $3.87 million on Monday following last weekend’s action, which suggests a short- to medium-term stability.
The total assets have now reached $1.29 billion, with total assets under management at $1.07 billion. Overwhelming ETF demand remains a key pillar to maintain positive sentiment and support the case for growth.
In the emerging market, trends are still unclear. Open Interest (OI) in XRP Futures rose slightly to $2.60 billion from $2.50 billion the previous day.
However, this is still below the $10.94 billion interest seen in July, when XRP reached a high of $3.66. This difference shows the importance of strong participation in the trade for the most profitable meeting.
Technical outlook: XRP is facing a major resistance phase
The 4-hour XRP/USD chart remains stable and active. XRP is trading below the 50-day EMA at $1.41 and remains below the 100-day and 200-day EMA at $1.51 and $1.74, indicating that the latter efforts are still in place.
Momentum indicators show mixed signals. The Relative Strength Index (RSI) sits at 60, pointing to a slight depression but mostly consistent with consolidation.
Meanwhile, the negative MACD histogram indicates that the bearish momentum is ending.
A firm daily close above the $1.51 resistance zone—corresponding to the 100-day EMA and a major downside—would need to change sentiment and pave the way to $1.74.
On the downside, immediate support is at $1.39, followed by the monthly open near $1.37.
