Ripple XRP Price: ETF Inflows Hit $1.68 Billion Cumulative as XRP Slides Toward Key Support

TLDR

• XRP is trading around $1.32, down 3% on the day and 7% over the past week
• US-Iran tensions are dragging down risk assets across the crypto market
• US-listed XRP spot ETFs saw $14 million in inflows on Tuesday, with cumulative inflows at $1.68 billion
• XRP Ledger hit 3 billion cumulative transactions with a 200% surge in on-chain volume
• Key support sits around $1.22, while resistance is at the 200-day EMA near $1.35

XRP is trading at $1.32, pulling back after a strong 72% rally in August pushed the token from $1.00 to $1.70. That rally stalled on profit-taking as traders locked in gains and the price began searching for fresh buyers.

The broader crypto market is also under pressure. Bitcoin has slipped below $77,000 and Ethereum is sitting under $2,400. Rising US-Iran tensions have pushed oil prices higher and are reinforcing hawkish expectations around the Federal Reserve, creating a tough macro backdrop for risk assets.

The crypto Fear & Greed Index has dropped to 63, down from 69 the day before. A continued fall in sentiment could push XRP below the $1.30 level.

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